White & Case Advised Cukurova Group on Sale of its Interest in DP Acquisitions (Holding company for the Digiturk Group)
Global law firm White & Case advised Cukurova Group in relation to the sale by its affiliate, Fintur Technologies BV, of its interest in DP Acquisitions BV (Holding company for the Digiturk Group) to beIN Media Group. The other shareholder, Providence Equity Partners, also sold its shares in the transaction. The Firm provided both English and Turkish law support to the Cukurova Group, working alongside Tuvan Yalim from Kabine Law Office.
Digiturk is the leading pay-TV operator in Turkey with approximately 3.3 million subscribers, offering a premium mix of leading sports and entertainment content across 219 standard and high definition national channels. In addition to all main Turkish channels in high definition, key content on offer to subscribers includes:
- Sports - Digiturk provides Spor Toto Super League, LaLiga Santander, France Ligue 1, France Coupe de La Ligue, Brazil Serie A, Turkish Airlines Euroleague, Spor Toto Basketball League, ATP Masters 1000 Tennis and a whole variety of top-class sports content
- Entertainment - Digiturk offers showcasing movies and series from the leading studios across the world including Disney, Paramount, 20th Century Fox, Warner Brothers, Universal, HBO and Lionsgate. Digiturk also carries a broad spectrum of channels to suit the diverse viewing demographics of the Turkish marketplace, including the Discovery Channel, Nickelodeon, E! Entertainment, MTV, CNBC, Animal Planet, National Geographic, and CNN
The White & Case team advising the Cukurova Group was led by Partner David Crook (London) together with Partner Jonathan Langley (London), and Partner Emre Ozsar and Associate Kadir Cevikbas in Istanbul, Turkey.
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