Nine Entertainment Co, through its subsidiary Stan, has acquired selected Optus Sport assets, including Optus’ media rights agreements, subscriber agreements and social media assets. The Optus Sport assets include media rights agreements for the Premier League and the Emirates FA Cup.
G+T succeeded in securing ACCC clearance for the acquisition within significant timing constraints as a condition precedent to the acquisition completing.
The G+T team was led by Ilona Hunnisett and Louise Klamka, with support from Partner Andrew Hii and lawyers Ailsa Neale and Johnathon Geagea.
Ilona and Louise commented:
This is a transformational deal for Stan Sport and it delivers a fantastic outcome for sports fans in Australia. It’s been a privilege to advise Stan and Nine Entertainment Co on this significant strategic transaction.