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Gide Loyrette Nouel advised Lagardère Services, formerly Hachette Distribution Services, world leader in travel retail and press distribution, on the sale to Rautakirja of Press Point International, one of the leading international press importers in Russia and the CIS, and HDS CIS, which operates Relay and Inmedio press publication and book stores in Russia. The completion of this transaction is subject to Russian competition authority approval.
Rautakirja, a Finish company specialising in press distribution, press publication stores, cinemas and book stores, is a member of the Finish media group, SanomaWSOY, listed on the Helsinki Stock Exchange. This transaction will enable Rautakirja, which already has a foothold in Russia, to increase the number of its R-kiosk sales outlets.
Legal counsel to Lagardère Services: Gide Loyrette Nouel: Nadège Nguyen and Edgard Nguyen form the Paris Office, and Victor Topadze from the Moscow Office
Legal counsel to Rautakirja: Mannheimer Swartling: Andrei Gusev and Anders Börjesson from the Moscow Office
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