Latham & Watkins has advised the lenders on the financing for management’s cash offer of €8.00 per share for Irish Continental Group, plc (ICG), the leading Irish-based maritime transport group. Management will acquire the entire issued and to be issued share capital of ICG pursuant to the acquisition. ICG is currently listed on the London Stock Exchange and Euronext in Dublin.
The acquisition values the entire issued and to be issued share capital of ICG at approximately €1.2 billion, and will be the largest-ever public management buyout in Ireland.
The Latham team was led by London finance partner Conrad Andersen and counsel Lynsey Edgar, with associate Yuka Nagata. Advice was provided on hedging matters by London partner Delyth Hughes; and on tax matters by London partner Aoife McCabe.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
