Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 12-02-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | Johnston Press plc Acquisition of the i Newspaper | Industry: | Media |
| Description: |
Ashurst advised Johnston Press plc, the UK newspaper and media group with a portfolio of over 200 titles, in connection with its acquisition of the business and certain assets of the i newspaper from Independent Print Limited. The acquisition created the UK's fourth biggest news publishing group (by circulation). The consideration comprised GBP24 million to be satisfied by the payment of GBP22 million in cash on completion and a further GBP2 million on 20 April 2017.
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| Financial Center: | London | Value: | 0.00-100.00 |
| Advised Party: | Acquiror | Law Firm | Ashurst |
| Target Company Jurisdiction: | United Kingdom | Acquiror Jurisdiction: | United Kingdom |
| Classification: |
Strategic Buyer Acquisitions Asset Sales |
Lawyer | Karen Davies |
