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DLA Piper advises on sale NRC Media to Media House

16 Feb 2015

DLA Piper has advised NRC Media, a Dutch news media business, on its sale to Media House.  The DLA Piper team, consisting of Marnix Holtzer, Paul Hopman, Lex Oosterling, Philip Jonker and Jasper de Bok, assisted management in dealing with various stakeholders, such as the shareholders, works council and editors council. At the start of the process, disputes with the works council led to litigation on the appointment of a non-executive board member by the employees. A positive consultation ultimately led to a successful transaction, in which the councils voted in favour of the deal with a vast majority.

Marnix Holtzer, partner at DLA Piper said: "By a combination of our expertise on employment, litigation and finance, we were able to add great value to this important transaction for the Dutch media sector."

Matter Type
M&A: Seller's Counsel
Industry
Technology, Media & Telecoms
News Category
M&A
Technology, Media & Telecoms