Neil McDonald
Partner
London
We advised EPS Ventures Ltd. (EPS), a subsidiary of Eastern Pacific Shipping, on its $207m take-private acquisition of the outstanding shares of Cool Company Ltd. (CoolCo) it did not already own.
CoolCo is a leading LNG carrier, owner and operator whose shares were listed on the New York Stock Exchange and Euronext Growth Oslo. The transaction was implemented through a Bermuda law statutory merger of a wholly-owned subsidiary of EPS with and into CoolCo.
Working alongside US counsel Skadden, and Norwegian counsel Wikborg Rein, our team advised on all Bermuda law aspects of the proposed transaction.
Our team was led by Neil McDonald, Head of our Corporate and M&A group in London, with support from partners, Rachel Nightingale, Hannah Tildesley and Jennifer Maughan, senior counsel Trevor Goulet, and senior associates Tom Esler and Marah Smith.
Neil said: 'We are delighted to have supported EPS on this significant transaction as it progresses the next stage of its growth strategy. Our involvement highlights the depth of our take-private expertise and clearly demonstrates our ability to deliver clear, commercial advice on complex cross-border matters'.
This mandate further illustrates our position as trusted advisers on complex cross-border M&A. Our recent representative experience includes advising Sunoco on its €500m acquisition of TanQuid, advising Coforge on its $2.35bn acquisition of Encora and advising Sapiens on its $2.5bn acquisition by Advent.
