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Deal Date: 07-12-2015 Practice Area: Corporate and M&A
Deal Title: Non-Standard Finance plc Acquisition of Everyday Loans Holdings Limited Industry: Financial Services
Description:
Slaughter and May advised Non-Standard Finance plc on the acquisition of Everyday Loans Holdings Limited from Secure Trust Bank PLC. The consideration payable for the Acquisition is GBP215 million in cash (approximately GBP108 million of which would be used to repay intercompany debt) and the issue to STB of NSF shares to a value of GBP20 million.
Financial Center: London Value: 100.01-500.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: United Kingdom Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Andy Ryde
Further Information:
Description:
Non-Standard Finance Acquisition of Everyday Loans - Non-Standard Finance Announcement
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