Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett have won roles on Guardian Media Group’s (GMG's) sale of its 50.1% stake in Auto Trader owner Trader Media Group. The Guardian publisher has offloaded its remaining stake, worth around £600m, to private equity firm Apax. The disposal is subject to regulatory approval and final completion.
January 22, 2014 at 05:49 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett have won roles on Guardian Media Group’s (GMG’s) sale of its 50.1% stake in Auto Trader owner Trader Media Group.
The Guardian publisher has offloaded its remaining stake, worth around £600m, to private equity firm Apax. The disposal is subject to regulatory approval and final completion.
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