Fremantle Limited agreed to acquire Asacha Media Group from Oaktree Capital Management, L.P. and founding partners of Asacha.
Lazard, Inc. (NYSE:LAZ) acted as financial advisor to Asacha. Mayer Brown LLP acted as legal advisor to Asacha. CMS Cameron McKenna Nabarro Olswang LLP acted as legal advisor to Fremantle. Alexandre Dejardin and Diane Rufenacht of Duroc Partners acted as legal advisor; and Alexandre Rocchi and Charlotte Elkoun of Arsene Taxand for the tax aspects to the founders of Asacha. Florence Khayat and Charles Frassaint of Eight Advisory provided financial due diligence services to Oaktree Capital Management. Ascanio Cibrario, Luca Rossi Provesi and Andrea Scarpellini of PedersoliGattai acted as legal advisor to Roberto Sessa with reference to his minority interest in Picomedia.