Bird & Bird advises Ashcourt Holdings on £13.1 million takeover

15 September 2005

International law firm Bird & Bird has been advising AIM company Ashcourt Holdings on a recommended cash offer for its entire issued share capital made by Syndicate Asset Management plc. The offer values the existing issued share capital of Ashcourt at approximately £13.1 million.

Bird & Bird advised on all corporate aspects of the deal. Corporate partner Neil Blundell led the work with assistance from Stephen Richards. The team has worked with Ashcourt Holdings for a number of years, advising the company on all their acquisitions since November 2002.

Ashcourt Holdings is a Fund Manager and provider of regulated investment and financial planning services. Memery Crystal advised the bidders.

For more information on this please contact Neil Blundell on 020 7415 6000. For more information on Bird & Bird, please contact Larry Cattle on + 44 (0) 20 7415 6156.