International law firm Allen & Overy is advising BLB Investors, L.L.C. in connection with its offer for Wembley plc at 800 pence per share. The offer, which was announced on 30 March 2004, values Wembley plc at approximately £287.3 million. BLB Investors is the bidding vehicle of a consortium comprising Starwood Capital Group Global, L.L.C., Kerzner International Limited and Waterford Group, L.L.C.
The Allen & Overy team spans the firm’s London and New York offices. The team includes London corporate partners Alan Paul, Mark Dighero and Richard Hough and associates Matthew Dobson, Catherine Mallick, Marianne McIntosh and William Garvey, London tax partners Brenda Coleman (UK tax) and Stephen Fiamma (US tax) and associate Ben Eaton, and New York corporate partners Dan Cunningham and Eric Shube and associate Owen Lefkon.
Commenting on the transaction, Alan Paul said:
“It was a pleasure to act for Starwood, Kerzner and Waterford for the first time, and in both the US and the UK, on what is a very interesting transaction.”
For further information, please contact Iain Rodger
(iain.rodger@allenovery.com) on +44 (0)20 7330 4947 or 07733 124082.
Notes for Editors:
1. Allen & Overy is a premier international law firm with over 4,700
staff, including some 430 partners, working in 25 major centres worldwide.
2. The firm was named ‘Banking and Finance Team of the Year’ at the
Legal Business Awards 2004 and previously ‘Law Firm of the Year’ at the Legal Business Awards 2003.
3. The firm was also named ‘European Law Firm of the Year’ at the IFLR
Awards 2004.
