21 Mar 2018 | 11:29 am |
International law firm Pinsent Masons is advising Fenner PLC, a world leading engineering firm based in Hessle, Yorkshire, on a recommended cash offer by Michelin, the global leader in tyre manufacturing.
The offer values the shares of Fenner at approximately £1.2bn on a fully diluted basis.
Fenner has successfully established itself as a world leader in reinforced polymer technology. Its two divisions, Advanced Engineered Products and Engineered Conveyor Solutions, comprise businesses which have developed strong positions in their chosen markets across the world.
The Pinsent Masons team was led by corporate partners Andrew Black and Rob Hutchings. Jacqui Timmins and Alan Davis led on pensions and competition law matters, respectively. Chrissy Findlay, James Kaye, Suzannah Crookes, Adam Cain, Megan Thurman, Josh Willis, Anna Mee, Alasdair Weir and Jon Fisher also worked on the transaction.
Michelin was advised by Freshfields Bruckhaus Deringer LLP.
International law firm Pinsent Masons has hired Dr Totis Kotsonis to lead the firm's State aid and public procurement team within its Competition, EU & Trade Group.
Multinational law firm has hired partner Eran Chvika to expand the firm's project finance capability in France and Francophone Africa.
International law firm, Pinsent Masons, has advised the Department for Culture, Media and Sport (DCMS) on a successful landmark £1 billion deal with the UK's four largest mobile network operators (MNOs) to create the 'shared rural network' arrangement and improve mobile coverage across the country.
Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.
International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.
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