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Digital media services company sold
Two firms have advised on the sale of an Australian printing and digital media services business to PMP Limited.
Emma Musgrave
Firms: Norton Rose Fulbright (IPMG Group); Ashurst (PMP Limited)
Value: $120 million
Area: M&A
Key players: The legal team advising PMP Limited was led by corporate partner Anton Harris (pictured), with assistance from corporate senior adviser Bill Koeck, banking and finance partners Jennifer Schlosser and Shawn Wytenburg, employment partner Jennie Mansfield, insurance partner Rehana Box, intellectual property partner Anita Cade, property and projects partner Andrew Deane and environment partner Tony Hill.
Deal significance: The IPMG business provides printing and digital media services throughout Australia.
The deal is subject to a number of conditions, including approval by the PMP shareholders.
“We face significant challenges in the print industry in Australia due to changes in demand,” said Matthew Bickford-Smith, independent chairman of PMP.
“IPMG is a strong fit with PMP and together we are better placed to address these industry issues and create a more efficient and sustainable PMP.”
The deal is expected to be completed in January 2017.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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