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Deal Date: 16-11-2015 Practice Area: Corporate and M&A
Deal Title: Cable and Wireless Communications Recommended Acquisition by Liberty Global Industry: Fixed Line Telecommunications
Description:
Slaughter and May advised Cable and Wireless Communications Plc, on its recommended acquisition by Liberty Global plc. Under the terms of the offer, which was announced on 16 November 2015, the consideration for CWC would include Liberty Global shares, LiLAC shares and a special dividend of 3 pence per CWC share. The acquisition, including the special dividend, represented a value for CWC's entire issued and to be issued share capital of approximately GBP3.60 billion.
Financial Center: London Value: 1000.01-5000.00
Advised Party: Target Company Law Firm
Target Company Jurisdiction: United Kingdom Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Public Company - Recommended Offer
Lawyer Andrew Jolly