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Our M&A lawyers are among the most experienced and effective in the world. We represent many of the world's largest publicly traded and privately held companies, as well as leading private equity firms, financial advisors and other financial institutions and investors on their most important mergers, acquisitions and takeover transactions.

Univision to Combine With Televisa’s Media, Content and Production Assets in $4.8 Billion Transaction

Paul, Weiss is representing Univision Holdings, Inc. in its combination with the content and media assets of Mexico-based Grupo Televisa, S.A.B., creating the largest Spanish-language media company in the world. The combined company, to be named Televisa-Univision, will hold the largest library of content globally, including an extensive portfolio of intellectual and global sports rights and a strong Spanish-language production infrastructure. Televisa-Univision will have the operating assets, financial scale and audience to pursue significant streaming opportunities in the underserved global Spanish-language population, which represents around 600 million people globally, with an aggregate GDP of approximately $7 trillion.

Under the terms of the transaction, Televisa will contribute its content assets for approximately $4.8 billion. Univision will pay $3 billion in cash, $750 million in Univision common equity and $750 million in Series B preferred equity. The transaction will be financed by a new $1 billion Series C preferred investment led by the SoftBank Latin America Fund with participation from Google, The Raine Group and ForgeLight; and $2.1 billion of debt commitments arranged by J.P. Morgan. The transaction is expected to close in 2021, subject to customary closing conditions and regulatory approvals in the United States and Mexico.

The Paul, Weiss team includes, among others, M&A partner Taurie Zeitzer, and counsel Richard Quay; intellectual property partner Charles Googe; securities counsel David Sobel; financing partner Brian Kim and counsel Soo-ah Nah; tax partner Brad Okun; real estate partner Peter Fisch; executive compensation partner Lawrence Witdorchic; litigation partners Andrew Ehrlich and Lynn Bayard; antitrust counsel Marta Kelly and Yuni Sobel; and environmental counsel William O'Brien.

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