MUNICH, December 6, 2013 – Sky Deutschland Fernsehen GmbH & Co. KG, a wholly owned subsidiary of Sky Deutschland AG, has agreed by contract of December 5, 2013 with Constantin Sport Holding GmbH to acquire 100% of its production company PLAZAMEDIA GmbH TV- und Film-Produktion as well as a 25.1% equity stake in Sport1 GmbH and Constantin Sport Marketing GmbH.
The transaction, which is expected to be closed in H1 2014, is inter alia subject to regulatory approvals.
The international law firm Milbank, Tweed, Hadley & McCloy LLP legally advised Sky Deutschland on the transaction.
Sky Deutschland was advised by partners Dr. Peter Memminger (corporate, Frankfurt), Dr. Christoph Rothenfusser, Dr. Martin Erhardt (both corporate, Munich), Dr. Thomas Kleinheisterkamp (tax, Munich), Dr. Alexander Rinne (antitrust law, Munich) as well as associates Markus Messinger, Oliver Olah, Dr. Leopold Riedl (all corporate, Frankfurt), Maximilian Schneider (finance, Frankfurt), Dr. Tatjana Mühlbach (antitrust law, Munich) and David Sommer (corporate, Munich).
About Milbank
Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm founded in 1866 in New York City. Today Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, New York, São Paulo, Singapore, Tokyo and Washington, DC and is present in all major financial and economic centers of the world. Milbank focuses its worldwide legal services in the areas of finance, transactions and litigation.
The first European office was opened in 1979 in London, followed by Frankfurt in 2001 and Munich in 2004. Due to the close cooperation of the German offices with the finance, corporate, cartel and tax lawyers practicing in other Milbank offices, in particular London and New York, Milbank Germany is in a position to provide fully integrated legal advice on the highest level in all these core areas pursuant to German, English and US law.
