Linklaters advises as Mediahuis to join forces with Telegraaf Media Groep

Linklaters is advising Mediahuis as it confirms proposals to join forces with Telegraaf Media Groep (TMG), creating a leading multimedia company in the Dutch-Belgian market. Mediahuis joined forces with VP Exploitatie N.V. that currently holds an interest of 41.3% in TMG. Mediahuis has committed to making substantial investments in technology and (journalistic) innovation to remain competitive.

Mediahuis and VP Exploitatie N.V. expressed their intention to jointly make a public offer for all outstanding shares of TMG with a non-binding indicative price of € 5.25, depending on due diligence and under usual conditions. This is a premium of 51% over the closing price of TMG on December 13, 2016.

The Linklaters team is led by Corporate partners Jan Willem de Boer, Peter Goes, managing associate Gijs Smit, associate Jaap Geleijns and Competition managing associate Maikel van Wissen and junior associate Fredrique van Spaendonck.