The minority shareholders argued that the deal structure and pricing were inadequate on various grounds. Houthoff brought proceedings before the Enterprise Chamber at the Amsterdam Court of Appeal on behalf of several of the world’s most renowned investment funds. In turn, Mr Drahi increased his bid price by more than 30% (from €4.11 to €5.35). We congratulate our clients on this result.
Houthoff’s core team consisted of: Jan Willem de Groot, Alexander Kaarls, Klaas van der Graaf, Willem Liedenbaum, Parisa Jahan, Kasper van der Sanden and David van der Linden.