Ashurst advised publisher JPIMedia Group on the sale of the i newspaper to DMG Media Limited.
The sale of the i to the Daily Mail is an important first step for JPIMedia in realising value for its bondholders.
Corporate partner Braeden Donnelly and senior associate Molly Woods led the team, working with relationship partner Karen Davies (Picture), and assisted by associates Alli Clark, Francesca Witney and Harry McConnell. Tax partner Alexander Cox and associate Shayaan Zaraq Bari provided tax advice to JPIMedia in respect of the sale and partner Neil Cuninghame advised on competition matters.
Involved fees earner: Shayaan Zaraq Bari – Ashurst; Alli Clark – Ashurst; Alexander Cox – Ashurst; Neil Cuninghame – Ashurst; Karen Davies – Ashurst; Braeden Donnelly – Ashurst; Harry McConnell – Ashurst; Francesca Witney – Ashurst; Molly Woods – Ashurst;
Law Firms: Ashurst;
Clients: JPIMedia Group (ex.Johnston Press PLC);