15 Jul 2016 | 10:29 am |
International law firm Pinsent Masons has advised McColl's on its acquisition of 298 convenience stores from the Co-operative Group Limited for an aggregate consideration of £117m in cash.
The firm has been advising McColl's, a leading neighbourhood convenience retailer, on real estate matters in connection with the sixty stores situated in Scotland and a number of stores located in Northern Ireland.
The Pinsent Mason team acting on the deal was led by Partner Alan Cook and Legal Director Karen Hunt. McColl's was also advised by Travers Smith and Brabners.
Commenting on the deal Alan Cook said: "This is a key deal for our client, that enables McColl's to grow significantly and develop its convenience store business across the UK.We are pleased to be able to assist in the transaction and to ensure that the stores purchased add value to McColl's portfolio."
Co-operative Group Limited was advised by Addleshaw Goddard and Brodies.
Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
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