Slaughter and May Advises DMGT on Proposed £500 Million Acquisition of Telegraph Media Group

"Slaughter and May advised Daily Mail and General Trust plc (DMGT) on its proposed acquisition of the Telegraph Media Group from RedBird IMI at a valuation of £500 million. Terms have been agreed and the parties have entered into exclusivity while they seek regulatory approvals."

Slaughter and May advised Daily Mail and General Trust plc (DMGT) on its proposed acquisition of the Telegraph Media Group from RedBird IMI. The proposed transaction is valued at £500 million. Terms have been agreed between DMGT and RedBird IMI and the parties have entered into exclusivity to finalise the transaction. The parties will seek relevant regulatory approvals to enable the transaction to take place at the earliest opportunity. Slaughter and May represented client(s) Daily Mail and General Trust plc (DMGT) with a team composed by: Corporate: David Watkins, Partner; Simon Tysoe, Partner; Alissa Veiga-Pestana, Associate; Shanuk Mediwaka, Associate. Competition and Regulatory: William Turtle, Partner; Alex Bulfin, Partner; Ben Brind, Associate. Financing: Ed Fife, Partner; Charlie McGarel-Groves, Partner; Jennifer Sadek, Associate; Charlie Channer, Associate. Tax: Charles Osborne, Partner.

Slaughter and May Advises DMGT on Proposed £500 Million Acquisition of Telegraph Media Group

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