International technology, media and telecommunications law firm Olswang has acted for Scripps Networks Interactive, Inc (NYSE: SNI), in its acquisition of the Asian Food Channel (AFC), a leading food-focused lifestyle pay television network in Southeast Asia.
"We are delighted to have worked alongside one of the world's leading lifestyle media companies to deliver this transaction. We advised SNI as a consequence of our South-East Asian presence, our ability to deliver complex cross-border transactions in emerging markets and our integrated corporate and commercial media experience," said Andrew Stott Partner and Head of Corporate, Olswang Asia. "Our understanding of the regulatory landscape, industry knowledge, and ability to provide risk-based legal advice in light of SNI's commercial aims was key to getting the transaction to closing."
"The global media industry is undergoing a high degree of change, providing opportunities for integration and consolidation worldwide," said Elle Todd, Partner and Head of Media, Olswang Asia. "As a law firm dedicated to the TMT sector, we pride ourselves on our media industry expertise and vast knowledge of the opportunities and challenges within. We are delighted to have assisted SNI."
The Olswang team was led by partners Andrew Stott, Head of Corporate, and Elle Todd, Head of Media, with assistance from Singapore corporate associates, Mun Yi Lee and Lucy Berry.
http://www.olswang.com/news/2013/04/olswang-advises-scripps-networks-in…