Ogier is acting as legal adviser to global real estate investment company Kennedy-Wilson Holdings (KW) in its all-share combination transaction with Kennedy Wilson Europe Real Estate (KWE).
KWE is an LSE-listed property company that invests in direct real estate and real estate loans across the UK, Ireland, Spain and Italy.
As a result of the transaction, which will create a global real estate investment and asset management platform, KWE will become a wholly owned subsidiary of KW.
The transaction, which is expected to close during the third quarter of 2017, will be effected by means of a court-sanctioned scheme of arrangement under Article 125 of the Jersey Companies Law.
The Ogier team, led by Group Partner Simon Dinning, is acting as Jersey legal adviser to KW, alongside Macfarlanes and Goldman Sachs as English counsel and lead financial adviser to KW, respectively.