White & Case Advises Altitude Infra THD on Sale of Minority Stake to Swiss Life Asset Managers

Global law firm White & Case LLP has advised Altitude Infra THD, a subsidiary of the Altitude Group, and its majority shareholder, Altitude Infrastructure Holding, on the investment by Swiss Life Asset Managers, a well-known asset manager and leading institutional real estate asset manager in Europe, in the capital of Altitude Infra THD.

Altitude Group, France's leading independent fibre operator, is raising €350 million in primary and secondary funding to support the development of its fibre-to-the-home (FTTH) subsidiary, Altitude Infra THD, in the attractive and growing fibre market in France. The funds will enable it to accelerate its growth in the French fibre market and strengthen its position as the leading independent operator.

Altitude Infra THD is a fibre network developer which specializes in Public Initiative Networks in medium to low density areas. Altitude Infrastructure Holding is the controlling company of the Altitude Group's infrastructure activities.

The White & Case team in Paris which advised on the transaction was led by partners Alexis Hojabr and Guillaume Vallat and included partners Amaury de Feydeau, Jean-Luc Champy and Alexandre Ippolito, counsel Orion Berg and associates Alexandre Balat, Laure Bauduret, Ernest Yan, Paul Loisel, Ahmed Boulahcen, Quirec de Kersauson, Camille Fouqué and Sarah Kouchad.

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