FAZIT-STIFTUNG sells Frankfurt media group to ZHH

Frank­furt a. M. — FAZIT-STIFTUNG, which includes Frank­fur­ter Allge­meine Zeitung GmbH as well as Frank­fur­ter Socie­tät GmbH, and Zeitungs­hol­ding Hessen (“ZHH”), owned by Ippen Medi­en­gruppe and the Rempel family’s MDV-Medi­en­­gruppe, have reached an agree­ment on the sale of Medi­en­gruppe Frank­furt to ZHH. The sale is still subject to appr­oval by the anti­trust authorities.

The Frank­furt Media Group compri­ses the Frank­fur­ter Rund­schau, the Frank­fur­ter Neue Presse with its regio­nal editi­ons, the adver­ti­sing jour­nal Mix am Mitt­woch, the marke­ting company RheinMain.Media, the digi­tal agency Rhein-Main.Net and the Frank­fur­ter Societäts-Druckerei.

Advi­sor to FAZIT-STIFTUNG: Henge­ler Mueller 
Active were the part­ners Dr. Joachim Rosen­gar­ten(photo(Corporate/M&A, Frank­furt), Dr. Alf-Henrik Bischke (Anti­trust, Düssel­dorf), Dr. Ernst-Thomas Kraft (Tax, Frank­furt) and Dr. Fabian Alex­an­der Quast (Public Commer­cial Law, Berlin), Coun­sel Dr. Markus Ernst (Tax, Munich) and Asso­cia­tes Dr. Thomas Lang, Till Wans­le­ben (both Corporate/M&A, Frank­furt), Dr. Phil­ipp Otto Neideck (Anti­trust, Düssel­dorf) and Dr. Peter Diete­rich (Public Commer­cial Law, Berlin).