From Melbourne Suburbia to a $130 Million NZ Media Deal And The Remarkable Rise of HWL Ebsworth
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From Melbourne Suburbia to a $130 Million NZ Media Deal And The Remarkable Rise of HWL Ebsworth
The people who programme New Zealand radio stations The Rock and More FM now answer to a Melbourne sports radio company and the law firm handling the deal is one that many big law Australian law firms spent years underestimating. HWLE Lawyers, still better known as HWL Ebsworth, advised CBA on the senior debt facility supporting SEG’s acquisition of MediaWorks, a deal completed on 1 October. Source
Market insights - HWLE Lawyers
HWLE Lawyers has advised Commonwealth Bank of Australia on new debt facilities provided by CBA to Sports Entertainment Group to support its NZ$130m acquisition of the New Zealand MediaWorks business. Craig Hutchison, the CEO of Sports Entertainment Group noted that the acquisition “transforms SEG into a truly scaled, trans-Tasman media group reaching more than…
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