New York – September 9, 2005 – LAWFUEL – The Law News Network – Debevoise & Plimpton LLP advised Capital International, Inc. in the sale to News Corporation of the 25 percent interest in News Out of Home B.V. held by Capital International Global Emerging Markets Private Equity Fund, L.P., a private equity fund managed by Capital International, Inc. The transaction brought News Corporation’s ownership of News Out of Home to 100 percent. News Out of Home owns and operates advertising companies located in Russia, Poland, Romania, Hungary, the Czech Republic, Turkey and Ukraine.
Debevoise & Plimpton LLP is a leading international law firm with offices in New York, Washington, London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai.
The Debevoise team was led by M&A partner Gregory V. Gooding and tax partner Gary M. Friedman.
