Ashurst advises JPIMedia Group on sale of print business to owner of the Daily Mail

The Ashurst team was led by corporate partner Braeden Donnelly and senior associate Dallan Pitman, who worked with relationship partner Karen Davies and partner Giles Boothman, and were assisted by associates Duncan Finnie and Ellie Conroy. Tax partner Alexander Cox and associate Shayaan Zaraq Bari provided tax advice to JPIMedia in respect of the sale. Real estate partner Henry Moss and associate Kate Mullan advised on property matters, and employment partner Ruth Buchanan and pensions counsel John Gordon advised on employment and pension matters, respectively. 

The sale of the print business to the Daily Mail is another important step for JPI Media in realising value for its bondholders, following the disposal of the i newspaper to the Daily Mail in November 2019, on which Ashurst also advised.