£48 million acquisition Daily Mail and General Holdings Ltd, Daily Mail and General Trust plc, Fastcrop plc, Close Brothers Corporate Finance Ltd, PricewaterhouseCoopers LLP
Daily Mail and General Holdings Ltd, a subsidiary of Daily Mail and General Trust plc, has agreed a £48 million recommended offer for Fastcrop plc, owner of primelocation.com.
Value: £48 million
Announced: December 08 2005
Parties involved |
Legal advisers |
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Daily Mail and General Holdings Ltd (Media & Entertainment) Acquirer |
Reynolds Porter Chamberlain LLP
- London
Tim Anderson James Mee |
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Daily Mail and General Trust plc (Media & Entertainment) Parent company to acquiror |
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Fastcrop plc (Media & Entertainment) Target |
Eversheds
- London
Aleen Gulvanessian Stephen Nash |
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Close Brothers Corporate Finance Ltd (Speciality & Other Finance) Financial adviser to target |
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PricewaterhouseCoopers LLP (Speciality & Other Finance) Financial adviser to acquirer |
