Posted Monday 4th May 2020
Joelson have advised long-standing client Pageant Media on its recent acquisition of Eurekahedge from Mizuho Bank.
The deal is very important for Pageant as it’s the first transaction completed since they took on board substantial investment from ICG earlier this year and it will assist the quality of their offering with some great content in the APAC region.
Completion of the transaction during the global pandemic caused by Covid-19 has been challenging but the legal teams, Pageant and Mizuho worked well together to overcome these and close the deal in a timely fashion.
The corporate team at Joelson worked closely with Charlie Kerr (CEO) and Phil O’Toole (CFO) on the transaction as Lead Counsel managing the multi-jurisdictional teams in both Singapore and the Philippines and the US in relation to this transaction. The Team was led by partner Phil Hails-Smith who was supported by Associate Maria Panayi.
Charlie Kerr Commented
This is the first acquisition Pageant have completed since our own transaction with ICG completed in February this year and we are delighted to be able to close this important transaction with the continued support of Phil and the team at Joelson. The were able to orchestrate the overseas teams brilliantly and were, as usual, a pleasure to work with.
Phil Hails-Smith comments
We are delighted to be working with Pageant Media again on another overseas transaction it shows the ambition that Charlie and Phil have for the growth of the business and is an excellent addition to their growing portfolio. The deal itself and the timing was particularly challenging in particular in light the restrictions imposed due to Covid-19, managing a multi-jurisdictional transaction whilst all the teams were in lock down was a new challenge but we have the technology and pragmatism to be able to deliver for clients in any event. We look forward to continuing our work with Pageant as they continue to grow and develop their business.
This article is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.