Telstra acquisition of Norstar Media and Autohome/PCPop

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Planning and Environment Lawyer (2-5yrs) -28/05/2008

The firm is looking for a proactive and experienced lawyer, who is looking to take the next step in their career.

Corporate lawyer/senior associate -28/05/2008

An opportunity for a senior associate/corporate lawyer has arisen to join this highly recognised National Law firm

Direct tax manager -28/05/2008

Big4 financial services firm of wide renown, handling cutting edge work looking to recruit experts to join their Sydney CBD Direct Tax team at Manager level.

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Telstra acquisition of Norstar Media and Autohome/PCPop - A $0.00 m

Entry date - Friday, 15 August 2008
Jurisdiction - Australia, China
Practice - M&A
Telstra acquired a 55 per cent stake in both Norstar Media and Autohome/PCPop

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Firm - Hogan & Hartson Client - Autohome and PCPop Lead Lawyers - Role -	Firm - Mallesons Stephen Jaques Client - Telstra Lead Lawyers - Role -

Firm - Hogan & Hartson
Client - Autohome and PCPop
Lead Lawyers -
Role -

Firm - Mallesons Stephen Jaques
Client - Telstra
Lead Lawyers -
Role -

Deal summary

Telstra recently acquired a 55% shareholding in Chinese media companies Autohome and PCPop, merging them with Norstar Media, another automobile and digital device web site acquired by Telstra in the same transaction. The companies’ combined worth top $220m.

Norstar Media operates the auto site Che168.com and the digital devices site IT168.com and Autohome/PCPop operates the auto and the digital devices sites repsectively.

The two acquired businesses top $220m in combined worth and are leaders in the online auto and digital device advertising sectors in China.

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