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Acquisition of Isle of Man Newspapers Ltd by Tindle Newspapers Ltd

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TWM Solicitors has recently acted for Tindle Newspapers Ltd in relation to the acquisition of the entire issued share capital of Isle of Man Newspapers Ltd, a company incorporated in and trading in the Isle of Man, from Johnston Press plc. The deal worth £4.25m includes three titles - the Isle of Man Examiner, the Isle of Man Courier, and Manx Independent, as well as the website.

Based in Farnham, Surrey, Tindle Newspapers Ltd is an independent newspaper group which publishes more than 200 titles. Their portfolio includes the Herald series, Enfield Gazette and Advertiser, the Cornish Times and the Monmouthshire Beacon.

The TWM team was led by Daniel Jenking, Partner in Business Law, and assisted by Peter Stevens.

Sir Ray Tindle, owner and founder of Tindle Newspapers Ltd, said: “We were very happy with all the good work done by Daniel Jenking and his colleagues during our recent purchase of three old established newspapers on the Isle of Man.

“We have been with TWM Solicitors and previously with Triggs Turner for over 50 years and have always been delighted with their help.  The Isle of Man purchase was certainly no exception.”

For more information, please contact Daniel Jenking by telephone: 01483 752751

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