Linklaters and Baker & McKenzie have bagged lead roles on what is understood to be the biggest-ever Central European buy-out, as a consortium acquires Czech telecoms company Radiokomunikace for €1.2bn (£811m).

Linklaters advised the buy-out consortium, which comprised Abu Dhabi-based Al-Bateen Investment Company, Lehman Brothers Private Equity and Mid Europa Partners.

The Linklaters team involved in the deal was led by the managing partner of the firm's Dubai office, Ewan Cameron, and London-based private equity partner Carlton Evans. Banking partners Annette Kurdian and Charles Dunn, global head of TMT Tim Schwarz and Prague-based corporate partner Ludek Vrana also advised.