Reckitt Benckiser - Cash offer for SSL International

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Slaughter and May is advising Reckitt Benckiser Group plc, a world leader in household and health & personal care, on a recommended cash offer for SSL International plc. The offer and the related dividend values the company at approximately £2,540 million.

SSL is a focused consumer products company with leading global brands such as Durex and Scholl, as well as a portfolio of local brands.

Slaughter and May is also advising on a new £1.25 billion loan facility which is being used to finance the offer.

The offer was announced on 21 July 2010.

Jeffrey Twentyman (partner), Anna Lee (associate), Dan Won (associate); Financing: Andrew Balfour (partner), Andrew McClean (partner), Roshi Sharma (associate); Competition: Claire Jeffs (partner), Peter Rowland (associate); Pensions and Employment: Eddie Codrington (partner); Tax: Mike Lane (partner), James Wood (associate)