Ringier Axel Springer Polska, the publisher of Polish editions of Newsweek, Forbes, Business Insider, and Politico, among other magazines, has chosen Kochanski & Partners — which, in one form or another, has been advising the company for the past 16 years in transactional matters and matters related to media, intellectual property, taxes, and labor law, as well as with various disputes — as its sole law firm for litigation in Poland.
Ringier Axel Springer Polska is part of the the Zurich-headquartered Ringier Axel Springer Media AG group, which was founded in 2010 by Germany's Axel Springer SE and Switzerland's Ringier AG, and which publishes and administrates over 160 newspapers and websites in Poland, Hungary, Slovakia, and Serbia. It employs nearly 3,000 employees.
Axel Springer SE recently accepted the offer of KKR to acquire a 43.54% shareholding for EUR 63 per share, valuing the company at EUR 6.8 billion. The transaction, which is expected to close in upcoming months, will make KKR the largest shareholder of Axel Springer SE.