Pinsent Masons advises Cairn Homes on IPO
15 Jun 2015 | 09:41 am |
International law firm Pinsent Masons has advised home builder Cairn Homes on its initial public offering (IPO) on the main market of the London Stock Exchange, raising €385 million and with an initial market capitalisation of €430 million.
Cairn is the first Irish homebuilder to list for more than 20 years and the funds raised will be used to fund development of several sites the company has acquired in Dublin and Galway and to acquire and develop further sites.
Corporate partner Andrew Black and senior associate Chrissy Findlay led the Pinsent Masons team advising on the transaction, with assistance from Gareth Edwards, Louise Wolfson, James Kaye and Costa Smith.
Commenting on the deal, Andrew Black said:
"We are delighted to have helped Cairn achieve this IPO, which had many novel features and will give them the firepower to build a land bank in an area with high demand for new homes in a strongly recovering economy.”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons Advises Ithaca Energy On Transformational North Sea Merger With Eni’s UK Upstream Business
Multinational law firm Pinsent Masons is advising leading UK independent exploration & production company Ithaca Energy plc on its transformational combination with Eni S.p.A.’s UK upstream oil and gas assets, establishing Ithaca Energy as the second largest independent operator in the UKCS by 2024 production.
Pinsent Masons appoints Partner David Lister to its Forensic & Accounting Services team
Multinational law firm Pinsent Masons has hired forensic accounting specialist David Lister as partner to bolster its professional services capabilities in investigations and fraud risk management.
Pinsent Masons promotes 22 to its partnership
Multinational law firm Pinsent Masons has boosted its global professional services capabilities with the promotion of 22 new partners.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons MPillay advises SUSI Partners on investment in Alba Renewables
Law firm Pinsent Masons MPillay has advised Swiss-based infrastructure investment manager SUSI Partners on its investment in Alba Renewables to build a renewable energy infrastructure business focused on The Philippines.
Pinsent Masons advises Bestinver Infra, FCR on acquisition of remaining shares in Irish toll road concession & operation companies
Pinsent Masons has advised Bestinver Infra, FCR on the acquisition of the remaining shares in N6 (Concession) Holdings Limited and N6 (Operations) Ltd, with Japanese co-investor Daiwa Energy & Infrastructure Co. Ltd.
Pinsent Masons advises Sandoz on acquisition of remaining shares in Rowex Joint Venture
Multinational law firm Pinsent Masons has advised Sandoz on the acquisition of the remaining shares in Rowex Limited, a joint venture in Ireland between Sandoz and Rowa Pharmaceuticals.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]