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Deals
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DEALS - OPERACIONES
Slaughter and May is advising Resolution on the proposed acquisition in cash and deferred consideration notes of the AXA UK Life Business for up to £2,750 million. The acquisition which was announced on 24 June 2010 is being financed by a fully underwritten rights issue to raise approximately £2,055 million (gross) and a ‘certain funds’ acquisition finance facility of £400 million. Due to its size the proposed acquisition has been classified as a reverse takeover under UK Listing Rules. M&A and Corporate: Jeff Twentyman (partner), Kathy Hughes (partner), Robert Chaplin (partner), Robin Ogle (partner),Timothy Persson (associate), Matthew Smith (associate), Michael Mountain (associate), Alasdair Weir (associate), Ingo Strauss (associate), Mark Thomas (associate), Julia Drisdell (associate); Financing: Miranda Leung (partner), Andrew McClean (partner), Jo Syrett (associate), Caroline Sanderson (associate), Andrew Chaplin (associate); Financial Regulation: Ben Kingsley (partner), Rachael Baxter (associate); Pensions and Employment: Sandeep Maudgil (partner), Veena Sivapalan (associate), David Wilks (associate), Adam Taylor (associate); Commercial Real Estate: Jane Edwarde (partner), Edward Hughes (associate); Tax: Graham Airs (partner), Abigail McGregor (associate), Holly Jones (associate)
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