Ashurst advises Next Fifteen Communications on acquisition of MC Saatchi

aim上市的下一个十五的愿景是建立一个格wth consultancy that combines specialist capabilities with global scale. The combination with M&C Saatchi will bring together highly complementary strengths and strategies, with the enlarged group expected to be a leading player with strong brands in countries across the globe, including the US, UK, Asia and Australia. This diversifies and expands Next Fifteen’s and M&C Saatchi’s existing exposure to attractive end-markets with favourable long-term growth trends and strong industry fundamentals.

The acquisition values each M&C Saatchi share at 247.2 pence and the entire issued and to be issued ordinary share capital of M&C Saatchi at approximately £310 million on a fully diluted basis.

The Ashurst team was led by corporate partnerJames Fletcher, supported by senior associateAimee Carroll-Hewitt, associates Kiara de Silva, Millie Gibbs, Roshni Mehra and Jasmine Fox. PartnerTim Rennieand corporate lending strategy directorDave Romeadvised on the financing, supported by senior associateAsil Robertson, and associates Andrew Thomson and Jennifer Reyes Au. PartnerSteven Vazadvised on regulatory matters, supported by senior associateLaura Carterand associate Louisa Northover. Senior associateRebecca Servianalso advised on incentives arrangements.