Flynn O’Driscoll is delighted to have acted for Media Concierge (Holdings) Limited (“Media Concierge”) in its acquisition of National World plc (“National World”).

The takeover has now been approved by the High Court in England, in a deal worth £65.1 million.

Media Concierge publishes the Iconic Media regional newspapers in Ireland. National World publishes over one hundred regional news brands, including the Yorkshire Post, The Scotsman, The Portsmouth News, The Sheffield Star, The Newsletter and The Derry Journal.

Malcolm Denmark, CEO of Media Concierge, said:  

“The formal approval of the transaction marks the final step in the process, and we are pleased to be moving forward. National World is home to some of the UK’s most respected and long-established regional media brands, and we believe there is significant potential for growth and renewal with the right focus and investment.”

Our Banking and Finance team, advising Media Concierge, included Michael Hanley, Danny Heffernan and Senan Ross who assisted with the Irish elements of this transaction.

John Darby, Kieran Kelly and Claire Gorman also advised on obtaining media merger clearance from the CCPC and the Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media..

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