Slaughter and May is advising Just Group on its recommended all-cash offer by Brookfield Wealth Solutions

Slaughter and May is advising Just Group plc (“Just”) on a recommended all-cash offer by Brookfield Wealth Solutions (“BWS”) for the entire issued and to be issued share capital of Just, to be effected by means of a court-sanctioned scheme of arrangement. 

Under the terms of the BWS offer, Just shareholders will be entitled to receive 220 pence per Just share. The offer values Just at approximately £2.4 billion and represents a premium of approximately 75% to Just’s closing share price prior to the announcement of the offer, and a 60% premium on a three-month VWAP basis. Subject to the satisfaction of conditions, the transaction is expected to complete in the first half of 2026.

Corporate
Richard Smith Partner
Natalie Cook Partner
James Edwards Associate
Harry McGrath Associate
Insurance and Financial Regulation
Nick Bonsall Partner
Nick Pacheco Partner
David Verghese Associate
Incentives
Chloe Sanderson Associate
Tammy Randall Associate
Competition
Alex Bulfin Partner
Lauren Phare Associate
Financing
James Costi Senior Counsel
Tax
Charles Osborne Partner