BLP advises Marble on £87m cash offer for Puma Brandenburg
Berwin Leighton Paisner (BLP) acted for Marble Limited, a wholly-owned subsidiary of Shore Capital Group plc, the London listed investment banking group, in connection with its c£87m cash offer for Puma Brandenburg Limited.
Puma Brandenburg, an AIM quoted Guernsey authorised closed-ended investment company, was established to invest in German real estate.
In accordance with BLP’s advice, the offer is being implemented by way of a statutory amalgamation in Guernsey. This is expected to result in the entire issued share capital of Puma Brandenburg (which will be the continuing entity) being cancelled and each share in Marble being converted into a share in the amalgamated company.
The BLP team was led by head of corporate John Bennett assisted by Amerjit Kalirai, Sarah Bellilchi and Melissa Manski (Corporate Finance), Stewart Anderson (Banking) and Gary Richards (Tax).
BLP worked closely with Mourants, one of its preferred firms in Guernsey.
If you would like any further information, please contact our press office at email@example.com.