GEC hopes to obtain access to the North-American market through the acquisition. Reltec's existing customers include Bell Atlantic, AT&T and WorldCom MCI.
Alan, van Dyke, a tax partner from Mayer Brown and Platt in Chicago, is advising GEC.
Cravath, Swaine and Moore in New York is also representing GEC. Lewis Steinberg is the tax partner involved.
Freshfields in London is advising GEC.
Latham and Watkins in the US is advising Reltec.