Australia: Clayton Utz advises on sale of Politix
Last Updated: 14 October 2016

Melbourne, 6 October 2016: Clayton Utz has advised the owners of the Politix retail fashion business on the sale of the business to the Country Road Group. The Clayton Utz team advised the vendor on the full transaction process, including transaction strategy, negotiation with bidders and deal execution.

The transaction, which was announced on 5 October 2016, is subject to a number of customary conditions before completion occurs. At this stage, completion is anticipated to occur on or about 31 October 2016.

Clayton Utz Melbourne Corporate partner Michael Linehan led the team, with support from senior associate Quentin Reidy and lawyer Kate Allison. This deal adds to the team's strong track record of advising clients in the retail industry on various high-profile corporate transactions.

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