Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 25-11-2015 | Practice Area: | Corporate and M&A | ||||||||
| Deal Title: | Rolls-Royce Restructuring of Approved Maintenance Centre Joint Ventures | Industry: | Aerospace & Defence | ||||||||
| Description: |
Slaughter and May advised Rolls-Royce on the restructuring of its network of Approved Maintenance Centre joint ventures.
The Approved Maintenance Centres (AMCs) carry out maintenance, repair and overhaul work on a range of Rolls-Royce aero engines, and the transaction involved the restructuring of three AMC joint ventures located in Hong Kong, Singapore and Germany.
The restructuring introduced a new business model, which replaced previous system of allocating engines to an AMC based on geographical location, with a more flexible model designed to increase competition.
The restructuring also involved simplifying the shareholding structures of the Hong Kong and Singapore AMC joint ventures, which would result in Rolls-Royce holding a 50 per cent. stake in each entity in return for an incremental investment of USD206.5 million.
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| Financial Center: | London | Value: | 0.00-0.00 | ||||||||
| Advised Party: | Group | Law Firm | Slaughter and May | ||||||||
| Group | United Kingdom | Group | United Kingdom | ||||||||
| Classification: |
Group Restructurings |
Lawyer | Adam Eastell | ||||||||
| Further Information: |
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