Mourant advises The Rank Group plc on £115 million acquisition of Stride Gaming plc
08 October 2019
Leading global offshore law firm, Mourant, has advised The Rank Group plc in relation to its acquisition of Stride Gaming plc for £115 million.
The transaction was implemented by a Jersey court sanctioned scheme of arrangement.
Corporate partner James Hill, litigation partner Stephen Alexander and Counsel Andrew Salisbury provided Jersey legal advice on all aspects of the acquisition, working alongside English counsel CMS Cameron McKenna Nabarro Olswang.
Mourant has recently advised on a number of schemes of arrangement, including: the takeover of Shire plc by Takeda Pharmaceutical Company Limited (a transaction which, by deal value is the largest ever outbound M&A deal by a Japanese company); the takeover of Kuwait Energy by United Energy Group; Informa's takeover of UBM; the takeover of Kentz Corporation by SNA Lavelin and the takeover of Heritage Oil.