Vocento in €140 Million Spanish Newspaper Acquisition
August 1, 2007
Cleary Gottlieb acted as U.S. and U.K. counsel to Goldman Sachs International in its role as financial advisor to Vocento, S.A. in connection with Vocento’s €140 million acquisition of the free Spanish newspaper, Que! The deal closed on August 1.
Vocento is Spain’s leading print press group, owning ABC, El Correo, El Diario Vasco, El Norte de Castilla, Las Provincias and seven additional regional newspapers. Its regional dailies reach an audience of over 3.5 million readers with a daily circulation of more than 740,000.