Global law firm Ashurst is acting for Lazard & Co., Limited in relation to the recommended acquisition by Rothermere Continuation Limited of the A ordinary shares in Daily Mail and General Trust plc (“DMGT”). Lazard is acting as financial adviser to Rothermere Continuation Limited (“RCL”).
DMGT manages a diverse, multinational portfolio of companies, with total revenues of around £1bn, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. With origins as one of the UK’s most successful newspaper companies, DMGT have a large and engaged audience in the UK and globally. DMGT is owner of the Daily Mail brand online, where it is one of the world’s most popular newspaper websites. Its B2B Information Services businesses supply high-value data, analytics and insights for the Property Information sector whilst its Events & Exhibitions business operates highly successful large-scale events.
RCL, the ultimate controlling party of DMGT, is owned by a trust for the benefit of the Viscount Rothermere and his immediate family.
The Ashurst team is being led by partners Karen Davies and Tim Rennie. They are being assisted by senior associate Aimee Carroll-Hewitt and associates Theo Palmer and Elnaz Amiri.
