Bech-Bruun assists De Persgroep in its acquisition of Berlingske Media
Bech-Bruun has rendered assistance to Belgian De Persgroep in respect of its offer to acquire all shares in British Mecom Group plc.
As a result, De Persgroep, which is an important player in the media landscape in Belgium and the Netherlands, will indirectly acquire the Berlingske Media Group, which, among other things, publishes the newspapers Berlingske, BT and Weekendavisen, operates three radio stations and, furthermore, publishes seven regional newspapers and 17 free newspapers.
The transaction totals a value of more than DKK 1.8bn.
The transaction is subject to, among other things, approval by the shareholders of Mecom Group plc and by the Dutch competition authorities.
Bech-Bruun has assisted De Persgroep in due diligence investigations of matters pertaining to the Berlingske Media Group within several areas.
The case has received wide-spread media attention in Denmark – not least in Berlingske's own media. For more information on the transaction, please click here (in Danish).