21 February 2012
Bedell Cristin Jersey Partnership working with Latham & Watkins LLP, provided Jersey law advice to Mattel, Inc. in connection with its acquisition of HIT Entertainment, a leading owner of intellectual property targeted at the preschool marketplace, for US$680 million in cash from a consortium led by Apax Partners, LLP. HIT Entertainment owns a global portfolio of popular preschool brands, including Thomas & Friends, Barney, Bob the Builder, Fireman Sam and Angelina Ballerina – many of which have established television broadcast and licensing relationships around the world - adding to a Mattel portfolio that already includes Barbie and Fisher Price.
Bedell Cristin's head of corporate finance, Peter Byrne, led on the deal, assisted by senior lawyers Malcolm Ellis and Antony Clerehugh.
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