Slaughter and May is advising Marsh & McLennan Companies Inc. on the recommended cash acquisition for the entire issued and to be issued share capital of Jardine Lloyd Thompson Group plc

18 Sep 2018

Slaughter and May, working as an integrated team with Wachtell, Lipton, Rosen & Katz, is advising Marsh & McLennan Companies Inc. (“MMC”) on the recommended cash acquisition for the entire issued and to be issued share capital of Jardine Lloyd Thompson Group plc (“JLT”). The acquisition was announced on 18 September 2018. Under the acquisition, each JLT shareholder will be entitled to receive £19.15 in cash for each JLT share. The acquisition values JLT's issued and to be issued share capital at approximately £4.3 billion. The acquisition is conditional on various matters, including certain anti-trust clearances.

MMC’s internal legal team was led by Peter J. Beshar, Executive Vice President and General Counsel, supported by Katherine J. Brennan Deputy General Counsel, Corporate Secretary and Chief Compliance Officer, Rachael Dugan Associate General Counsel, Chief Strategy and M&A Counsel and Connor Kuratek Chief Counsel for Securities and Finance.

Contacts

Corporate and Commercial: Steve Cooke (senior partner), Richard Smith (partner), Natalie Cook (associate), Harry Hecht (associate), Loretta Li (associate), Jack Gray (associate)

Competition: Bertrand Louveaux (partner), Lisa Wright (partner), Jantira Raftery (associate), Alex Jennings (associate)

Financing: Ed Fife (partner), Andrew Baker (associate)

Financial regulation: Nick Bonsall (partner), Srijanee Bhattacharyya (associate)

Pensions and employment: Jonathan Fenn (partner), Dan Schaffer (partner), Christian Davies (associate)

The team at Wachtell, Lipton, Rosen & Katz was led by Dan Neff and Greg Ostling


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