PPU advises ViacomCBS on the acquisition of Chilevisión
PPU has counselled ViacomCBS on the acquisition of 100% of the shares and business of Red de Televisión Chilevisión
Red de Televisión Chilevisión S.A. is an important Chilean free to air television channel which broadcasts a wide range of programs, mainly informative and entertaining.
In this operation, PPU has advised the subsidiary of the American firm ViacomCBS, ViacomCBS Networks International (VCNI), in the acquisition of Chilevisión from WarnerMedia of the AT&T group.
The major challenge was the separation of the target from the related TV operations, contracts and services of WM Group, which were commingled with the target and part of the purchased business. DD process was also very challenging for the same reason.
PPU’s team was led by Corporate partner Alberto Pulido (pictured left), Competition partner Ignacio Larraín (pictured right), principal associates Nicolás Santana and Alvaro Espinoza, senior associate Matías Larroulet, and associates Macarena Fuchs, Pia Bortolaso, Matías Palma and Aref Cosma.
