find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Real Estate & Projects Lawyer (6+ years PAE)
Category: Property Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Top tier firm with offices nationally · High profile clients
View details
Addisons on the map in ACP’s acquisition

Addisons on the map in ACP’s acquisition

JUST DAYS before the Australian Competition and Consumer Commission confirmed it would not oppose ACP Magazines’ acquisition of Emap’s Australian magazine operations, the deal was announced. Law…

JUST DAYS before the Australian Competition and Consumer Commission confirmed it would not oppose ACP Magazines’ acquisition of Emap’s Australian magazine operations, the deal was announced. Law firm Addisons partner Jamie Nettleton, who led the legal team, said the sale reflected the continuing consolidation of Australia’s magazine sector.

Working closely with financial services group Citi, Addisons structured the share sale and purchase agreement for Emap, publisher of FHM, Zoo Weekly, Tracks and New Woman.

Nettleton said the sale was one of three major magazine transactions for the year, and that it would allow the British parent to continue to receive licensing revenues from the Australian editions of its titles.

Emap is a long-time client of Nettleton’s, having a decade ago enlisted the lawyer to help it establish its Australian subsidiary. Nettleton was assisted by Addisons partners David Selig and Kathryn Edghill, who addressed the competition issues. Associates Amy Cowper and Nathan Greenfield also provided support on intellectual property, due diligence and completion issues.

The deal, which had to completed in eight weeks, required in-depth knowledge of magazine publishing as well as consideration of the intellectual property involved and a series of trade practices issues, Nettleton said.

Emap’s decision to offload the Australian magazine group followed a strategic review of the Australian operations earlier this year, Addisons said.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Addisons on the map in ACP’s acquisition
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
Scales of Justice, Victorian County Court, retiring judges
Aug 21 2017
Replacements named for retired Vic judges
Two new judicial officers have been appointed in the Victorian County Court, following the retire...
Applauds
Aug 21 2017
LCA applauds proposed Modern Slavery Act
The Law Council of Australia has welcomed new recommendations for the development of a Modern Slaver...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...