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Johnson Winter & Slattery (JWS) has advised Bauer Media on its proposed acquisition of Pacific Magazines, which the ACCC announced yesterday would not be opposed.
JWS advised Bauer on the competition aspects of this transaction, helping the publisher overcome competition concerns from the ACCC and its preliminary view to block the transaction. Partner Sar Katdare led this transaction with support from Special Counsel Andrew Willekes.
After carefully assessing the impact of the acquisition, the ACCC decided not to oppose the merger because it was unlikely to substantially lessen competition in relevant markets, despite a notable level of competition between the organisations’ print titles. The ACCC agreed other media, especially online publishers, would increasingly compete with Bauer post-acquisition.
Clayton Utz acted for Pacific Magazines, currently owned by Seven West Media.
About Johnson Winter & Slattery
Johnson Winter & Slattery is an independent national Australian law firm with over 65 partners and offices across Australia. We advise major Australian and international corporations and investment funds on their most challenging transactions and disputes across Australia and surrounding regions. Working closely with clients, knowing their business, and appreciating their commercial objectives, we tailor our approach to deliver cost-effective commercial outcomes.
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