Cross-Border Transactions for Holding Company and Primary Portfolio Company
Completed a series of four complex, multimillion-dollar transactions in the U.S. and U.K. on behalf of a holding company and its primary portfolio company. In addition to traditional M&A aspects, our team provided guidance on related real estate, environmental, employment, benefits, immigration and international factors. Two of the four transactions closed on the same day on two different continents.
Acquisition of an Egyptian Company Including 22% Non-operating Interest in a Producing Concession in Egypt from an AIM-Listed Company
Advised long standing client which is an AIM-listed oil and gas exploration, development and production company, on its $16 million acquisition of an Egyptian company which includes a 22% non-operating interest in a producing concession, onshore Egypt. The consideration for the acquisition was funded by the issue of consideration shares in the buyer to the seller, a pre-payment financing structure of $8 million and the issue of placing and subscription shares by the buyer.
Advised a Major International Petrol Forecourt Retailer on Acquisition of Majority Stake in Second-Largest U.K. Motorway Service Operator
Served as lead English law corporate adviser to long standing client with a growing presence in the U.K. and U.S., in connection with its acquisition of a majority stake in the second-largest U.K. motorway service operator, which attracts an estimated 85 million motorway customers per annum.
£21 Million Acquisition for International Service Station Operator
Advised international service station operator in connection with £21 million acquisition of seven sites and related businesses.
Property Acquisitions, Disposals and Management
Advised a multinational conglomerate wholesaler on numerous property acquisitions, disposals and management, with cross-border elements.
Sale of U.K.’s Fastest-Growing International Media and Exhibitions Business to Private Equity Fund
Served as lead adviser to the shareholders of the U.K.’s fastest-growing international media and exhibitions business on its sale to a private equity fund, in a deal where the management reinvested in the company.
Represented One of U.K.’s Largest Independent Food Wholesalers in Acquisition of Scottish Cash and Carry
Served as lead adviser to one of the U.K.’s largest independent food wholesalers on the acquisition of a Scotland-based non-food cash and carry.
Refinancing of Development Facilities for Student Accommodation
Advised a long-standing client on a number of refinance transactions in respect of development facilities provided by a well-known Middle Eastern bank, in relation to the development of student accommodation in West London.
Islamic Finance Facility
Advised the borrower on an Islamic finance facility under a structure known as a commodity Murabaha facility. The Islamic finance facility was provided by a well-known Middle Eastern bank.
Advised Convenience Food Company in Respect of Construction Finance Facility
Advised a leading convenience food manufacturer/retailer on a multimillion-pound construction facility which included a senior debt facility, asset finance facility and invoice finance facility, as well as the related security arrangements.
Advised Convenience Food Company in Respect of Refinance Transaction
Advised a leading convenience food manufacturer/retailer on a multimillion-pound refinance of its existing facilities, which included a senior debt facility and an accordion facility, as well as the related security arrangements.