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 advised listed European life and pensions consolidator Chesnara plc on its proposed £260 million acquisition of HSBC Life (UK) Limited from HSBC Bank plc.
Multinational law firm Pinsent Masons has advised on the creation of a major delivery alliance for the Sizewell C nuclear power station in Suffolk, supporting the formation of a new alliance between Sizewell C and three leading construction firms.
Multinational law firm Pinsent Masons has advised Tokai Carbon Co., Ltd. (“Tokai Carbon”) on the sale of its German subsidiary TOKAI ERFTCARBON GmbH (“TEG”), to Lenbach Equity Opportunities III. GmbH & Co. KG, which is exclusively advised by DUBAG Investment Advisory GmbH (“DUBAG”).
Multinational law firm Pinsent Masons has advised listed European life and pensions consolidator Chesnara plc on its proposed £260 million acquisition of HSBC Life (UK) Limited from HSBC Bank plc.
Multinational law firm Pinsent Masons has advised on the creation of a major delivery alliance for the Sizewell C nuclear power station in Suffolk, supporting the formation of a new alliance between Sizewell C and three leading construction firms.
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