Global law firm Norton Rose Fulbright advised UK newspaper publisher Trinity Mirror on its acquisition of Local World.
Trinity Mirror has bought out the 80% it does not already own in the Local World in a deal that values the business at about £220 million. Local World owns 83 print titles including 16 dailies and 36 paid-for weeklies. The deal makes Trinity Mirror the UK’s biggest regional newspaper publisher.
The Norton Rose Fulbright team was led from London by partner Chris Pearson, assisted by of counsel Claire O’Donnell, senior associate Christopher McCarthy, and associate Georgina Short of the Corporate, M&A and Securities practice. Partner Michael Ings and associate Tom Meredith advised on banking aspects of the deal.
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