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Soros Closes Investment in Quattro Consultoria em Telecomunicações
- Client News
- August 13, 2012
Paul, Weiss advised Soros Fund Management in connection with the closing of its investment in Quattro Consultoria em Telecomunicações, a wireless broadband network provider in the state of Sao Paulo, Brazil. Soros completed its initial investment in the form of a loan in March 2012. Following receipt of regulatory approval of the investment, the closing involved conversion of the loan into equity, with an additional equity investment by Soros. The investment represents Soros' initial entry into a growing market in Brazil.
The Paul, Weiss team advising Soros includes corporate partners Bruce Gutenplan and Robert Zochowski; tax partner David Sicular; and employee benefits partner Lawrence Witdorchic.