Gide has advised Webedia on the acquisition of Group Elephant, a leading independent audio-visual production company.
Building on strong entrepreneurial DNA, the two independent French groups have ambitious international development objectives, with the end-purpose of promoting French creation throughout the world.
Elephant-Webedia aims to create programmes with high-added editorial content in all format types, on all screen sizes, for all generations, in close working relationship with both confirmed and upcoming talented individuals from television, video and social platforms.
The operation is subject to approval from the French Competition Authority.
Gide's team advising Webedia was headed by partner Hugues Scalbert on M&A aspects. Partner Franck Audran and associate Benoit Gérard acted on competition aspects.