Mergers, acquisitions, divestments and restructuring

Experience of more than 200 transactions
in 20 countries since January 2000 with a
value of over US $350 billion, and have
included:

Client

£329m

Acquisition by Cable & Wireless

Cable & Wireless announced their intention to purchase THUS plc, a telecommunications company, with an offer of 165p per share, which was rejected.  Cable & Wireless subsequently announced that it had acquired a 29.9% stake with an improved offer of £329m or 180p per share.  THUS began life as Scottish Telecom, an offshoot of the privatised energy company, Scottish Power.

Further information

John Kiely
+44 (0)20 7903 0667