LAWFUEL – The Law News Network – Allen & Overy is advising News International on its agreement to sell Sky Radio Limited to a consortium lead by Telegraaf Media Groep N.V. for €190 million.
Sky Radio Limited operates the most successful commercial radio station group in the Netherlands, comprising Sky Radio 101 FM, Radio Veronica and Classic FM. In addition the Company owns Sky Radio Hessen in Germany.
Corporate partners Don McGown and Colleen Keck are leading the Allen & Overy team, assisted by associates Bridget Tracey and Lynda Twomey, working closely with Jon Chapman of News International’s Corporate Legal Affairs Department. Jan Willem de Boer of de Brauw Westbroek is advising on Dutch legal aspects and Goldman Sachs are acting as financial advisers.