Norton Rose advises Symphony Technology Group on bid for Kewill Plc
12 June 2012
International legal practice Norton Rose LLP is advising US private equity firm Symphony Technology Group on its £99.6 million recommended public takeover bid for LSE-listed Kewill Plc, the trade and logistics software provider.
Kewill Plc is currently the target of a prior bid from Kinetic Bidco, a vehicle owned by funds managed by Francisco Partners, for which the Kewill Plc board has now withdrawn its recommendation.
Symphony Technology Group's cash offer of 106p per Kewill Plc share represents a premium of approximately 10.4% on the 96p per share offered by Francisco Partners. Norton Rose LLP’s team is being led by London based corporate partners Sean Murphy and Paul Whitelock, assisted by Fiona Millington, Victoria Birch and Christopher McCarthy.
Anti-trust advice is being provided by Mark Jones (partner) and Jacqui Williams (associate). IP and IT advice is being provided by Mike Knapper (partner) and Miranda Byrne Hill (senior associate). Employee incentives advice is being provided by Monique Fry (partner) and Louise Dent (associate). Nick Howard (of counsel) is providing employment advice for the bid.
Sean Murphy and Paul Whitelock also led the Norton Rose LLP team earlier in the year that acted for US activist investor ValueAct Capital on its joint offer with CVC Capital Partners Limited for Misys Plc, the banking software and services provider.
For further information please contact:
Gavin Collins, PR manager, Norton Rose LLP
Tel: +44 (0)20 7444 2466; Mob: +44 (0)7770 650 113
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