John Wood Group - Return of cash

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Slaughter and May is advising John Wood Group PLC, the international energy services company, on its proposed return of cash to shareholders of £1.05 billion ($1.7 billion). In the first instance the return is being effected by way of tender offer. To the extent that the full £1.05 billion is not returned through the tender offer process, the return of cash would be completed through a second stage. A circular setting out details of the tender offer was despatched to shareholders on 16 May 2011.

Simon Nicholls (partner), Paul Dickson (partner), Harry Coghill (associate), Christian Boney (associate), Charles Turnham (associate); Tax: Michael Lane (partner), Richard Jeens (associate)