UK: Mayer, Brown, Rowe & Maw Advises Inter-Alliance Group plc in £12 Million Acquisition
Last Updated: 30 July 2002

Mayer, Brown, Rowe & Maw’s Corporate Group has advised Inter-Alliance Group plc in its recommended offer for HST Financial plc, valuing HST at a £12 million enterprise value.

To help fund the takeover offer, Inter-Alliance will raise approximately £10 million via a placing at 98.5 pence per share.

Inter-Alliance is a new client for Mayer, Brown, Rowe & Maw introduced to the firm by a contact at Altium Capital Limited and the win is indicative of the growing strength of the firm's corporate group.

Stephen Bottomley, corporate partner at Mayer, Brown, Rowe & Maw represented Inter-Alliance Group plc and was assisted by Lauri-Lynn Pursall and Michelle Corneby.

Altium Capital Limited, led by Garry Levin, acted as financial advisor to Inter-Alliance Group plc.

For further information, please contact:

Stephen Bottomley, Partner, Mayer, Brown, Rowe & Maw 020 7782 8673

Angela Woodruff, PR Manager, Mayer, Brown, Rowe & Maw 020 7782 8804

About Mayer, Brown, Rowe & Maw

  • Mayer, Brown, Rowe & Maw is the 10th largest law firm in the world with 13 offices worldwide, including representations in the world's major financial centres; London, Paris, Frankfurt and New York. Our London office consists of over 90 partners, 300 lawyers and a total staff of nearly 600. We deliver multi-jurisdictional advice to the world's leading companies, financial institutions and multinational businesses.
  • Internationally, the Corporate & Securities Group comprises of nearly 100 partners and 250 lawyers. The London Corporate Team is also one of the largest in the City, with 30 partners, over 140 lawyers and specialises in all aspects of corporate and commercial law: mergers & acquisitions; securities and capital markets including restructuring transactions and securities offerings in domestic, cross border and offshore markets.

For further details please visit our website at www.mayerbrownrowe.com

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