Offshore law firm Appleby has advised the independent committee of Jersey-based Kennedy Wilson Europe Real Estate (KWE) on its proposed merger with Kennedy Wilson Holdings (KW).
The merger will see KWE become a fully owned subsidiary of KW, pursuant to an all-share combination transaction.
It is intended the merger will be effected by a court-sanctioned scheme of arrangement of KWE under Article 125 of the Jersey Companies Law. The merger values KWE’s entire issued share capital at approximately £1.5bn.
Andrew Weaver, Corporate Partner, led the Appleby team and was assisted by Michael Cushing, Dispute Resolution Partner, Corporate Associate Kevin McQuillan and Dispute Resolution Associate Craig Campbell.