Mayer Brown advises Outbrain on acquisition of Ligatus in stock deal
Mayer Brown advised Outbrain Inc., the world's leading discovery and native advertising platform on the open web, on the acquisition of Ligatus, an indirect subsidiary of Bertelsmann, in a stock deal. The firm advised on the global tax aspects of the transaction.
The addition of the Ligatus will expand and strengthen Outbrain’s position in Europe with over 1,400 premium publishers, including STERN, RTL and Femme Actuelle. The acquisition is subject to regulatory approvals and is expected to close by the second quarter of 2019.