Slaughter and May advised SEGRO – placing of shares
Slaughter and May advised SEGRO plc (SEGRO) on a placing of approximately 9.9% of its existing issued share capital, which raised gross proceeds of approximately £325 million (the Placing). The Placing, which was announced on 2 September, was conducted by an accelerated book-building process. Bank of America Merrill Lynch and UBS Limited acted as joint bookrunners and corporate brokers in connection with the Placing.
Slaughter and May supported SEGRO’s in-house team, Elizabeth Blease and Stephanie Murton. Paul, Weiss, Rifkind, Wharton & Garrison LLP advised SEGRO on the US law aspects of the Placing, and Osler, Hoskin and Harcourt LLP advised SEGRO on the Canadian law aspects of the Placing.