The Budapest and Munich offices of Weil, Gotshal & Manges advised the management of Hungary’s TV2 on the purchase of the Hungarian TV operations of the ProSiebenSat.1 Media Group by way of a management buy-out.
The managers involved in the purchase were CEO Zsolt Simon and CFO Yvonne Dederick.
The TV2 portfolio includes four channels: TV2, FEM3, PRO4 and Super TV2. Founded in 1997, TV2 is one of the most popular national television channels in Hungary, and has been part of the ProSiebenSat.1 Media Group since 2007.
The Weil team advising TV2 management included Partner Barbara Jagersberger and Associate Thomas Zimmerman in Munich, Associates Pal Szabo and Tamas Simon in Budapest, and Gergely Szoboszlai in London.
