Robert S. Townsend, Lauren C. Bellerjeau, David P. Slotkin, Bernie J. Pistillo, Paul E. Jahn, Kenneth A. Siegel, Andrew P. Campbell, and Ali Assareh
Corporate, Mergers + Acquisitions, Federal Tax, and Technology Transactions
MoFo News Item
Morrison & Foerster is providing advice to OneWeb and SoftBank Group Corp. in OneWeb’s merger with Intelsat (NYSE: I) as well as SoftBank in its agreement to invest $1.7 billion in the combined company.
Japan-based SoftBank is a multinational telecommunication and Internet corporation and longtime MoFo client. MoFo has advised SoftBank on a series of recent deals including SoftBank’s $31.4 billion acquisition of British chip designer ARM Holdings and its sale of its controlling stake in Finnish gaming company Supercell Oy to Chinese internet company Tencent Holdings at a value of $8.6 billion.
OneWeb is a communications company that intends to bring Internet access to additional consumers, business, schools, healthcare institutions, and other end users. Intelsat is a leading communications satellite services provider in terms of capacity and geographic reach.
MoFo’s team is led by Corporate M&A partners Rob Townsend, Lauren Bellerjeau and David Slotkin, Tax partner Bernie Pistillo, Technology Transactions partner Paul Jahn, and Corporate associates Andy Campbell and Ali Assareh out of the U.S., together with Corporate M&A partners Ken Siegel and Leo Aguilar in MoFo’s Tokyo office.
Read the companies’ press release.
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