The Mexican company América Móvil has retained Cleary Gottlieb Steen & Hamilton LLP of New York to sell its prepaid mobile services provider, TracFone, to its U.S. counterpart Verizon in a deal totaling USD 6.9 billion. Debevoise & Plimpton LLP in New York and Washington, D.C. and Von Wobeser y Sierra S.C. in Mexico City assisted Verizon in the deal, which was announced on September 14.
The Mexican company América Móvil has retained Cleary Gottlieb Steen & Hamilton LLP of New York to sell its prepaid mobile services provider, TracFone, to its U.S. counterpart Verizon in a deal totaling USD 6.9 billion. Debevoise & Plimpton LLP in New York and Washington, D.C. and Von Wobeser y Sierra S.C. in Mexico City assisted Verizon in the deal, which was announced on September 14.