LAWFUEL -Legal News Network – International law firm Freshfields Bruckhaus Deringer has advised DMG Information, the information publishing division of Daily Mail and General Trust (DMGT), on the sale of Study Group International, a provider of English language academic preparation courses, to funds advised by CHAMP Private Equity, an Australian-based private equity firm for £72m. This deal was led by Paul Vogt, general counsel at DMG Information.
Freshfields has also advised DMGT on a recommended offer of £221m by Euromoney Institutional Investor (Euromoney), a listed company 70 per cent owned by DMGT, for Metal Bulletin, an international business information provider for metal related industries. The deal will create a leading business-to-business media company covering the financial and metal markets.
The Freshfields team on both deals was led by DMGT relationship partner Julian Long, who was supported on the sale of Study Group International by corporate associate Peter Workman and tax associate Jenny Doak. The team working on Euromoney’s offer for Metal Bulletin included finance partner Edward Evans and finance associate Fergus Wheeler. Corporate partner James Wood acted for Dresdner Kleinwort, the financial advisers to Euromoney. Nabarro Nathanson acted for Euromoney.