Greenfort, Flick Gocke Schaumburg and Barnert Egermann Illigasch advised Mediengruppe RTL Deutschland on the deal. Cleary Gottlieb Steen & Hamilton advised Disney.
RTL Group has announced a deal which will see it acquire full ownership of entertainment company Super RTL, held by BVI Television Investments, Inc. a Walt Disney Company.
The agreement will see the group’s largest business unit, Mediengruppe RTL Deutschland, enter into a binding agreement with its current joint venture partner, the Disney-owned BVI Television Investments, Inc., to acquire the outstanding 50 per cent shareholding in Super RTL.
Super RTL was set up in 1995 as a joint venture between RTL Group and The Walt Disney Company, each with a 50-percent stake. In addition to its own linear TV channels, Super RTL also distributes its content as a digital content hub via digital platforms such as Mediengruppe RTL Deutschland’s streaming service TV Now, as well as via other apps, websites, and on the radio. Super RTL also licenses and sells a broad portfolio of merchandising products.
The inhouse at RTL/Bertelsmann included Legal: Dr. Caroline Vedder (Vice General Counsel / RTL / Corporate/M&A); Dr. Ralph Sammeck (General Counsel / RTL / Antitrust); Dr. Olaf Christiansen (Antitrust / Bertelsmann); Tax: Michael Beisheim / Bertelsmann, Andre Schley / Bertelsmann.
The Greenfort team included Andreas v. Oppen (Corporate / M&A/Picture); Martin Asmuß (Corporate / M&A); Carina Junkert (Corporate / M&A).
The Flick Gocke Schaumburg team was led by Dr. Florian Haus, Fabian Schmidt and Lukas Rundel.
The Cleary Gottlieb Steen & Hamilton team included Michael Ulmer, Michael Brems, Dr. Romina Polley and Janine Discher.
Involved fees earner: Isabella Hartung – Barnert, Egermann, Illigasch; Julia Schönhuber – Barnert, Egermann, Illigasch; Michael Brems – Cleary Gottlieb Steen & Hamilton; Janine Discher – Cleary Gottlieb Steen & Hamilton; Romina Polley – Cleary Gottlieb Steen & Hamilton; Michael Ulmer – Cleary Gottlieb Steen & Hamilton; Florian Haus – Flick Gocke Schaumburg; Lukas Rundel – Flick Gocke Schaumburg; Fabian Schmidt – Flick Gocke Schaumburg; Martin Asmuß – Greenfort; Carina Junkert – Greenfort; Andreas von Oppen – Greenfort;