Slaughter and May is advising Wood Group on its recommended all-share offer for Amec Foster Wheeler

Slaughter and May is advising John Wood Group plc on its recommended all-share offer for Amec Foster Wheeler plc.

Based on the pre-announcement closing price of a Wood Group share, the terms of the combination value Amec Foster Wheeler at approximately £2,225 million. Following completion of the combination, Wood Group’s shareholders will own approximately 56 per cent. of the combined group.

The combination is to be effected by court-sanctioned scheme of arrangement and is conditional on various matters, including shareholder approvals and certain competition and regulatory clearances. It is expected to close in the second half of 2017.

Simon Nicholls Partner
Paul Dickson Partner
Jonathan Slade Associate
Ying-Peng Chin Associate
Will Manley Associate
Jonathan Fenn Senior Consultant
Rosemary Nelson Associate
Sandeep Maudgil Partner
Mike Lane Partner
Matthew Tobin Partner
Harry Bacon Partner