Mayer, Brown, Rowe & Maw advises Northern Racing plc on a recommended cash offer by NR Acquisitions Limited
16 April 2007
Mayer, Brown, Rowe & Maw LLP
16 April 2007 - Mayer, Brown, Rowe & Maw LLP's London corporate group has advised Northern Racing plc on a recommended cash offer for it by NR Acquisitions Limited. The amount payable under the offer in respect of the existing issued share capital of Northern Racing is approximately £65.9 million.
Mayer, Brown, Rowe & Maw has advised Northern Racing on a number of transactions since it was established in 1989, including the acquisitions of Bath, Brighton, Fontwell Park, Great Yarmouth, Hereford and Newcastle racecourses and its reverse takeover of The Chepstow Racecourse plc.
NR Acquisitions is indirectly wholly owned by David and Simon Reuben and was formed for the purpose of making the offer.
The Mayer, Brown, Rowe & Maw team advising Northern Racing was led by corporate partners Kate Ball-Dodd and Stephanie Bates, supported by corporate assistants Duncan Wilson and Tim Knowland, real estate assistant Richard Tilbrook and share incentives partner, Andrew Stanger.
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