Corporate Finance team breaks the £1 billion barrier for M&A transactions in 2006

5 February 2007

Charles Russell LLP’s Corporate Finance team has advised on M&A deals with a combined value of over £1 billion in 2006, an increase of 31% on 2005.

During the course of the year the team advised on 79 M&A deals (an increase of almost 50% on 2005), with a total value of £1.1billion. Examples of deals the team worked on in 2006 include:

Advising Canaccord Adams on the £125m acquisition by AIM listed Oriel Resources plc of IPH Polychrom BV plus the $100m acquisition of Croweley International Limited,
Advising Comino Group plc on a £50 million recommended cash offer by Civica plc. Comino is a leading software supplier to the local government.
Acting for the Hudson Group on the $51.6 million disposal of its UK Executive Search Business and its executive search businesses in the US, Australia and Canada, to Heidrick & Struggles International.
Advising Abacus Group plc on its £28.4 million recommended offer for Deltron Electronics plc, which was implemented by a scheme of arrangement.
 
Simon Gilbert, Head of Corporate Finance at Charles Russell, said, “The Corporate Finance Group has had another extremely busy year. The Group has increased the number of international, high value and significant transactions it has worked on and these results are a testament to the quality and dedication of everyone in the team.”

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