Appleby advise Kennedy Wilson Europe Real Estate PLC on merger with Kennedy Wilson Holdings Inc.

25 April2017


Leading offshore law firm Appleby has advised the independent committee of Kennedy Wilson Europe Real Estate PLC (KWE) on its proposed merger with Kennedy Wilson Holdings Inc. (KW). The merger will see KWE become a fully owned subsidiary of KW, pursuant to an all-share combination transaction. It is intended that the merger will be effected by a Court-sanctioned scheme of arrangement of KWE under Article 125 of the Jersey Companies Law. The merger values KWE’s entire issued share capital at approximately £1.5 billion.

Andrew Weaver, Corporate Partner, led the Appleby team and was assisted by Michael Cushing, Dispute Resolution Partner, Corporate Associate Kevin McQuillan and Dispute Resolution Associate Craig Campbell.

Appleby Partner, Andrew Weaver commented: “We are very pleased to assist on what is no doubt one of the most high profile deals coming out of the City post-Brexit. It has been a pleasure working with the independent committee of KWE and their other advisors. The team and I look forward to assisting on the next stages of the Merger.”

Charlotte Valeur, Chair of KWE said: “The expertise shown by the Appleby team during this process was impressive. I and the other members of the Independent Committee, appreciate their speed to respond, attention to detail and thoughtful guidance.”

Appleby’s Merger and Acquisitions (M&A) team is well-positioned to advise clients on a wide range of M&A activities in the offshore region. Its unique jurisdictional reach means that Appleby is able to advise clients on complex, cross-border transactions involving the offshore jurisdictions that are most often encountered. The team regularly work with FTSE 100 and Fortune 500 companies around the globe, to help them deploy strategic growth and restructuring initiatives, whether involving single jurisdictions or complex multi-jurisdictional, multi-disciplinary transactions.


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