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White & Case Advises PPF on US$2.1 Billion Agreement to Acquire CME

Global law firm White & Case LLP has advised PPF Group N.V. on an agreement with Central European Media Enterprises Ltd. (CME) to acquire CME. CME operates television stations in Bulgaria, the Czech Republic, Romania, Slovakia and Slovenia. The transaction is subject to customary closing conditions, including the approval of the CME shareholders, the European Commission and national regulators in certain countries where CME is active. 

The White & Case team that advised on the transaction was led by partners Jan Andruško and Jonathan Weinberg in Prague, and Chang-Do Gong and Robert Chung in New York; with support by partners Tomáš Jíně in Prague; Justin Wagstaff, Ken Barry and Colin Harley in London; as well as local partner Jan Stejskal and associates Jan Jakoubek, Iva Čechráková, Kamila Daňková, Anna Stárková, Mikoláš Růžek, Petr Kalenský, Tereza Vaculíková and Tadeáš Matys in Prague; partners Arlene Arin Hahn, Henrik Patel, Seth Kerschner, Steven Lutt and David Dreier, counsel Kenneth Barr, and associates Jordan Kobb, Chu Chu, DeVoia Stewart, Grayson Weeks, Julianne Prisco and Brenton Clarke in New York; associates Radoslav Pálka, Vladimir Ivančo, Michal Záthurecký and Simona Rapava in Bratislava; and associates Chris Norris and Will Summers in London. 

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