Orrick Advises National World on Its Acquisition of JPI Media

January.04.2021

Orrick has advised National World, a special purpose acquisition company (SPAC) listed on the UK Main Market, on its acquisition of JPI Media Publishing Limited (JPI) and its subsidiaries – the third largest local news publisher in the UK, from JPI Media Limited for £10.2 million. As part of the acquisition, trading in the shares of National World will remain suspended until the company has published a prospectus relating to JPI Group, approved by the Financial Conduct Authority, and the shares are re-admitted to trading on the Standard List of the London Stock Exchange. 

The Orrick team advising National World was led by Ed Lukins and included Katie Cotton, Jonelle Afonso, Charlotte Oliver, Bridget Winters, Craig Johnston, Jonathan Rosen, Chloe Palios, Shaun Malone, Kirstie Parr, Edward Dyson, Faraaz Samadi, Mandy Perry, Abdul Khan and Jayshree Patel.