Turner to acquire MMG
Turner Broadcasting System has agreed to acquire Millennium Media Group (MMG) to form a new pan-Scandinavian channels and content group. The new group will bring together the activities, teams and operations of MMG and Time Warner subsidiary Turner Broadcasting Europe in the Nordic markets.
Turner is advised by Mannheimer Swartling on the matter. The firm’s team handling the transaction is led by Biörn Riese and Isabella Ramsay, primarily assisted by Victoria Bagger-Sjöbäck and Sara Karlberg. Stefan Widmark is advising on Media and IP law, primarily assisted by Claudia Wallman; Stefan Perván Lindeborg is advising on Competition law; Sofia Karlsson and Lena Wåglöf are assisting with Employment law related issues.