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Matheson Advises Independent News & Media on Mediahuis Takeover
Matheson is advising Independent News & Media (INM) on the recommended offer by Belgian media group Mediahuis. The deal, which values INM at €145.6 million approximately, has been announced today with the Matheson team led by Corporate Partners Tim Scanlon and Padraic Roche.
INM, Ireland’s largest newspaper group, publishes the Irish Independent, Sunday Independent, Sunday World, the Herald, Belfast Telegraph and several regional newspapers. Mediahuis is a private European media group with a strong portfolio of news media and digital brands. Its titles include De Telegraaf and NRC Handelsblad in the Netherlands and De Standaard and Het Nieuwsblad in Belgium.
Speaking today, Tim Scanlon, Corporate Partner at Matheson said –
“Our Corporate Department, comprised of lawyers with a wealth of industry experience, is delighted to be working with INM on this significant transaction. This is only the second public deal to take place in Ireland this year, following the recommended offer for IFG by Epiris, and Matheson has acted on both of these market leading transactions.”
With a wealth of experience across our six partner led offices worldwide and a dedicated 100 person Corporate Department, Matheson has some of the most experienced corporate lawyers in Ireland. Excellence matters and Matheson’s Corporate Department, led by 24 partners, has unparalleled experience in complex and innovative domestic and international corporate transactions across all industry sectors.