Reach Plc Purchase 50% Interest in Independent Star Ltd
PUBLISHED: 28th July 2020
LK Shields was delighted to act for Reach Plc, the largest commercial national and regional news publisher in the UK, on the purchase from INM of the remaining 50% stake in Independent Star Limited, which publishes the Irish Daily Star.
Reach plc already owned a 50% in the newspaper, so this transaction sees Reach Plc acquire full ownership of the Irish Daily Star subject to regulatory approval.
The transaction was led by Marco Hickey.
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