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DEALS
International law firm Freshfields Bruckhaus Deringer has advised Daily Mail and General Trust plc on its sale of a majority interest in the Evening Standard for a nominal sum to Evening Press Ltd, a company formed by Alexander Lebedev and his son Evgeny Lebedev and owned by Lebedev Holdings Ltd. Daily Mail and General Holdings Limited will own a minority shareholding of 24.9% in Evening Press Ltd and Associated Newspapers Ltd, DMGT’s newspaper division, will continue to provide services, including printing and distribution to the Evening Standard for an initial period, with the opportunity to extend these arrangements by agreement. The Freshfields team was led by partners Julian Long (Corporate), Rod Carlton (Antitrust, Competition and Trade), Edward Evans (Finance), Jonathan Cooklin (Tax), David Pollard and Nicholas Squire (both Employment, Pensions and Benefits), Chris Forsyth (IP/IT) and Mark Wheelhouse (Real Estate) and included associates James Mythen and Sam Brown (both Corporate), Mark Sansom (Antitrust, Competition and Trade), Verity Stevens (Finance) and Andreas Koller (Tax) and trainee solicitor Tom Godwin (Corporate).
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