BLP advises Black Sea Global Properties on mandatory cash offer for Deutsche Land

Berwin Leighton Paisner (BLP) has advised Black Sea Global Properties Limited (BSGP) on its mandatory cash offer for Deutsche Land under Rule 9 of the City Code at a price which equates to an enterprise value of approximately £422m.

John Bennett, head of corporate at BLP commented: “The offer gives shareholders the opportunity to exit at the same price at which BSGP acquired its stake earlier this year.”

The BLP team was led by corporate partners John Bennett and Alex Latner, assisted by senior associates Nick Watson and Amerjit Kalirai.

If you require further information, please contact John Bennett at john.bennett@blplaw.com.

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