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Deal Date: 09-09-2015 Practice Area: Corporate and M&A
Deal Title: Diageo plc Increase of Equity Stake in Guinness Nigeria Industry: Beverages
Description:
Slaughter and May advised Diageo plc on its announced intention to increase its equity stake in Guinness Nigeria. As announced by Diageo on 9 September 2015, it had approached the Board of Directors of Guinness Nigeria plc with an intention to make an offer to increase its equity stake in Guinness Nigeria from 54.3% up to a maximum of 70%. Guinness Nigeria's listing on the Nigerian Stock Exchange would be maintained.
Financial Center: London Value: 0.00-0.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Nigeria Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Public Company - Recommended Offer
Lawyer Simon Nicholls