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Deal Date: 31-12-2020 Practice Area: Corporate and M&A
Deal Title: Countrywide Recommended Cash Offer by Connells Industry: Real Estate Investment & Services
Slaughter and May advised Countrywide plc on the recommended cash acquisition of Countrywide's entire issued and to be issued share capital by Connells Limited, to be carried out by way of a court-sanctioned scheme of arrangement between Countrywide and its shareholders. Connells announced a firm intention to make an offer for Countrywide on 7 December 2020, and announced an increase to its offer price with the recommendation of the board of directors of Countrywide on 31 December 2020.
Financial Center: London Value: 0.00-0.00
Advised Party: Target Company Law Firm
Target Company Jurisdiction: United Kingdom Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Richard Smith