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Corporate and M&A Law Firms and Lawyers

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Practice Areas - Corporate and M&A Law Firms and Lawyers

Deal Date: 27-03-2015 Practice Area: Corporate and M&A
Deal Title: Sale of British Car Auction to Haversham Holdings Industry: General Retailers
Description:
A Travers Smith team led by senior partner Chris Hale and senior associate Adam Orr has advised management on the proposed sale of British Car Auction, Europe's largest used-vehicle marketplace, to Haversham Holdings, the publicly listed investment vehicle, in a transaction valued at approximately GBP1.2 billion. Shareholders of BCA will receive GBP701 million in cash and GBP104 million in stock.
Financial Center: London Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction United Kingdom Acquiror Jurisdiction United Kingdom
Classification: Financial Buyer Acquisitions Primary Buy-Out
Lawyer Chris Hale