Nov 22,2018 / News / Legal Brief

Werksmans advised Hammerson on South African law aspects of the all-share offer by Hammerson to acquire the entire issued and to be issued share capital of Intu Properties PLC (a UK company listed on the London Stock Exchange, with a secondary listing on the JSE and a constituent of the FTSE 250 Index) (“Intu”) to be effected by way of a court-sanctioned scheme of arrangement of Intu under Part 26 of the UK Companies Act 2006 or by way of a takeover offer as defined in Chapter 3 of Part 28 of the UK Companies Act 2006.