Rosenblatt Solicitors Acts for Channel 5 in £450m Sale to Viacom

LONDON--()--Rosenblatt Solicitors (“Rosenblatts” or “the Firm”), a leading full service City law firm, today announces that the Firm acted for Channel 5 and its owners, Northern & Shell, on the sale of the business for £450 million to Viacom; Rosenblatts had also acted on the original purchase of Channel 5 from the German broadcaster, RTL, in 2010.

The Rosenblatt team was led by Jon Lovitt (corporate partner) and Chris Pulham (media partner), who were supported by Peter Price (regulatory partner), Rima Mehay (employment) and Martin Buckerlee (real estate); the Rosenblatt team worked with Channel 5’s investment banking adviser, Barclays; Viacom was advised by Sherman & Sterling, Olswang and Lewis Silken and its investment banking adviser was Goldman Sachs.

Commenting on the transaction, Ian Rosenblatt, Founder and Senior Partner of Rosenblatt Solicitors, said:

“My Firm’s relationship with Northern & Shell, former owners of Channel 5, goes back over 30 years. This transaction is typical of our approach to complex transactions that need to be completed within tight time constraints and is a testament to my team’s skills and tenacity. The transaction came out of an auction process started in January 2014; work started on Sunday 27th April and went on around the clock in order for signing to take place last night.”

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About Rosenblatt Solicitors

  • Rosenblatt Solicitors is a fiercely independent full service, city law firm with a global portfolio of FTSE 250 clients and a wealth of experience within the media, digital marketing, green energy, cleantech and security sectors.
  • Further information on Rosenblatt Solicitors is available at: www.rosenblatt-law.co.uk
  • Follow Rosenblatt on Twitter: @RosenblattSols

Contacts

Media Enquiries to:
George Parrett/Oliver Parry/Emma Kane
Redleaf Polhill for Rosenblatt Solicitors
e. rosenblatt@redleafpr.com
t: 020 7382 4747

Release Summary

Rosenblatt Solicitors, a leading full service City law firm, today announces that the Firm acted for Channel 5 and its owners, Northern & Shell, on the sale of the business for £450 million to Viacom

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Contacts

Media Enquiries to:
George Parrett/Oliver Parry/Emma Kane
Redleaf Polhill for Rosenblatt Solicitors
e. rosenblatt@redleafpr.com
t: 020 7382 4747