Slaughter and May is advising Daily Mail and General Trust plc (DMGT) on its proposed acquisition of the Telegraph Media Group (TMG), with Gibson Dunn advising TMG on the transaction.
The deal, valued at £500m, sees DMGT purchase TMG from RedBird IMI, a joint venture between US private equity firm Red Bird Capital Partners and Abu-Dhabi-based privately-owned investment company International Media Investments (IMI).
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