31 Aug 2018 | 05:00 pm |
International law firm Pinsent Masons is advising Cambridge-based biopharmaceutical services company Abzena plc on its recommended acquisition by a fund set up by US private equity house Welsh, Carson, Anderson & Stowe.
Astro Bidco Limited, which is wholly-owned by the WCAS Fund, has offered to pay Abzena shareholders 16p per share. Under the terms of the acquisition, the deal is valued at approximately £34.4 million on a fully diluted basis.
Abzena plc provides proprietary technologies and complementary services to enable the development and manufacture of biopharmaceutical products. The company offers these services and technologies across sites in Cambridge, UK, San Diego, California, and Bristol, Pennsylvania.
The Pinsent Masons team is being led by corporate finance partner Charles Waddell, alongside partner Gareth Jones and senior associate Adam Cain, with assistance from solicitor Alice Foster and trainee solicitor Charlie Chetwood. Other members of the team involved are legal director Suzannah Crookes and solicitor Kate Haywood in incentives, and banking partner Vanessa Heap, senior associate Anais Spacey and solicitor Maliha Abu-Nowar.
Pinsent Masons, Burges Salmon and Herbert Smith Freehills Kramer have been appointed to support Nuclear Waste Services (NWS) in relation to the planning, consenting and regulatory work associated with the UK’s Geological Disposal Facility and Low Level Waste Repository.
Multinational law firm Pinsent Masons has today launched its second decade in Australia by completing its move into new offices at 33 Alfred Street in Sydney.
International law firm Pinsent Masons has today announced that it has strengthened its City practice with the hire of two senior corporate partners, Nicholas Holmes from Ashurst and Dinesh Banani from Herbert Smith Freehills Kramer.
Pinsent Masons, Burges Salmon and Herbert Smith Freehills Kramer have been appointed to support Nuclear Waste Services (NWS) in relation to the planning, consenting and regulatory work associated with the UK’s Geological Disposal Facility and Low Level Waste Repository.
Multinational law firm Pinsent Masons has today launched its second decade in Australia by completing its move into new offices at 33 Alfred Street in Sydney.
International law firm Pinsent Masons has today announced that it has strengthened its City practice with the hire of two senior corporate partners, Nicholas Holmes from Ashurst and Dinesh Banani from Herbert Smith Freehills Kramer.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]