Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 22-04-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | HF Wings Sale of Remaining Stake in Hostelworld Group | Industry: | Travel & Leisure |
| Description: |
Travers Smith LLP advised Luxembourg-based HF Wings Lux 1 S.a r.l on the disposal of the remainder of its stake in Hostelworld Group plc, the world's leading hostel-focused online booking platform.
HF sold its ordinary shares, alongside sales of ordinary shares by other shareholders, via an accelerated bookbuild managed by Numis. The placing shares were placed at a price of 260 pence per share, raising aggregate gross proceeds of approximately GBP61m.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Acquiror | Law Firm | Travers Smith |
| Target Company Jurisdiction: | United Kingdom | Acquiror Jurisdiction: | Luxembourg |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Adrian West |
