Slaughter and May advised Daily Mail and General Trust with a team including Daniel Schaffer (Employment), Padraig Cronin (Executive Compensation), Ed Fife (Finance), Gareth Miles (Tax M&A and Deal Advisory).
In addition to the offer, DMGT’s shareholders will also receive a significant cash dividend and shares in Cazoo, the NYSE listed online used-car platform. DMGT’s remaining consumer media businesses comprise the Daily Mail, The Mail on Sunday, Mail Online, Metro, the i, New Scientist and start-up news digest brand the Knowledge. DMGT also retains certain property information brands, DMG Events, and DMG Ventures. The reorganisation of DMGT is valued at over £3 billion.
Lazard and Goldman Sachs advised Rothermere Continuation as financial advisers. J.P. Morgan, Credit Suisse and Slaughter and May advised DMGT.
The AG team that advised Rothermere Continuation Limited, was led by Charles Penney (Picture) and Simon Wood, together with a wider team from the Corporate, Finance and Pensions divisions.
Slaughter and May’s team included David Watkins, Partner, Eleanor Mackay, Associate, Di Yu, Associate, Harry Gilbertson, Associate, Olivia Hosker, Associate, Olivia McCann, Associate, Kudrat Agrawal, Trainee, Edward Beighton, Trainee, Daniel Schaffer, Partner, Chris Sharpe, Associate, Jennifer Allan, Associate, Maddy Tomlin, Trainee, Sean Lee, Trainee, Xiwan Wei, Trainee, Padraig Cronin, Partner, Rachel Hunter, Associate, Philippa O’Malley, Associate, Gareth Miles, Partner, Charles Osborne, Associate, Richard Liu, Associate and Ed Fife, Partner.
Involved fees earner: Charles Penney – Addleshaw Goddard; Simon Wood – Addleshaw Goddard; Jennifer Allan – Slaughter and May; Padraig Cronin – Slaughter and May; Ed Fife – Slaughter and May; Harry Gilbertson – Slaughter and May; Olivia Hosker – Slaughter and May; Rachel Hunter – Slaughter and May; Richard Liu – Slaughter and May; Eleanor Mackay – Slaughter and May; Olivia McCann – Slaughter and May; Gareth Miles – Slaughter and May; Philippa O’Malley – Slaughter and May; Charles Osborne – Slaughter and May; Daniel Schaffer – Slaughter and May; Chris Sharpe – Slaughter and May; David Watkins – Slaughter and May; Di Yu – Slaughter and May;