Slaughter and May is advising Ensco plc (“Ensco”) on its proposed combination with Rowan Companies plc (“Rowan”).Ensco and Rowan have jointly announced their entry into a definitive agreement under which Ensco will acquire Rowan in an all-stock transaction to be effected by way of a UK court-sanctioned scheme of arrangement. The transaction will create a combined group with … [Read more...]
Slaughter and May Act on Rolls Royce Deal with Safran Group
Slaughter and May is advising Rolls-Royce on the establishment of a long-term 50:50 joint venture with Hispano-Suiza, a member of the Safran group. The joint venture will utilise the complementary resources and expertise of its two parent companies to develop world-leading accessory drive train transmission systems for Rolls-Royce civil aero engines. The new business, which … [Read more...]