Slaughter and May is advising Wood on the sale of its nuclear business to Jacobs

Slaughter and May is advising John Wood Group plc on the sale of its nuclear business to Jacobs U.K. Limited, a subsidiary of Jacobs Engineering Group Inc., for a cash consideration of approximately £250 million. The sale is conditional on, among other things, competition clearance, and is expected to close before the end of Q1 2020.

Slaughter and May has been working closely alongside the Wood team: Tony Dinozzi (Head of M&A), Iain Jones (Chief Counsel, Specialist Technical Solutions) and Gavin Thomson (Senior Legal Counsel, Specialist Technical Solutions).