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Deal Date: 28-09-2016 Practice Area: Corporate and M&A
Deal Title: GlaxoSmithKline Sale of Aspen Pharmacare Remaining Stake Industry: Pharmaceuticals & Biotechnology
Description:
Slaughter and May advised GlaxoSmithKline plc on the sale of its remaining 6.2% stake in Aspen Pharmacare Holdings Ltd which was announced on 28 September 2016. The disposal was effected by way of an accelerated bookbuilt offering and raised gross proceeds equivalent to GBP477 million.
Financial Center: London Value: 500.01-1000.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: United States Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Public Company - Recommended Offer
Lawyer David Johnson