LAWFUEL – Press Release Service – Allen & Overy advised Emap Plc in relation to the sale of Emap France to Arnoldo Mondadori Editore S.p.A., the listed Italian publisher, for a cash consideration of approximately €550 million (£380 million). The sale is conditional upon the receipt of European regulatory clearance.
Emap France is a leading consumer magazine publisher in France with a portfolio of over 40 titles, including TV listings, lifestyle and specialist interest magazines.
Partner Jean-Claude Rivalland (M&A) led the team responsible for this transaction, assisted by senior associate Karine Montagut. Partner Sabine Smith-Vidal (EPI) advised on the employment law matters and senior associate Florence Ninane on the antitrust aspects. This Paris based team worked together with lawyers from the London office including partner Richard Browne and associate
Commenting on the transaction, Jean-Claude Rivalland stated: “We are delighted to have assisted Emap on achieving this strategic operation for them and realising value for their shareholders. This deal is also an illustration of how our Communication, Media and Technology Group offers an integrated team with specialist industry expertise across our international offices.”
For further information, please contact Isabelle Epp ([email protected]) on +33 (0)1 40 06 54 28