Hogan Lovells Advises on one of the Largest UK Takeovers of 2011

LONDON, 2 August 2011 - Hogan Lovells has advised Northumbrian Water Group plc in relation to one of the largest UK takeovers of 2011. The £4.7 billion offer for Northumbrian Water Group by UK Water (2011) Limited has announced today, Tuesday 2 August.

The board of Northumbrian Water has recommended an offer from UK Water, a vehicle owned by a consortium of three Hong Kong companies - Cheung Kong Infrastructure Holdings Limited, Cheung Kong (Holdings) Limited and the Li Ka Shing Foundation Limited. The offer is priced at 465 pence per share with a total enterprise value of around £4.7 billion.

The Hogan Lovells corporate team advising Northumbrian Water Group is led by Steven Bryan (partner) assisted by Guy Potel (partner), Pravin Aswani (senior associate), James Down (associate), Daniel Harrington-Greenwood (associate), Juliet Meredith (associate), Charlie Hawes (trainee) and Tom Spinks (trainee).  Matthew Levitt (partner) and David Cardwell (associate) are advising on the competition and regulatory aspects.  Louise Whitewright (partner) and Madeline Quest-Ritson (associate) are advising on Employee Share Schemes aspects.

Commenting on the transaction Steven Bryan said:

"We are pleased to be advising Northumbrian Water Group on this takeover bid, having been associated with the client since its original listing on AIM and later on the London Stock Exchange."

About Hogan Lovells


Hogan Lovells combines the breadth of business-oriented legal advice and high-quality service that clients have come to expect through working with its two founding firms – Hogan & Hartson and Lovells.

"Hogan Lovells" or the "firm" refers to the international legal practice comprising Hogan Lovells International LLP, Hogan Lovells US LLP, Hogan Lovells Worldwide Group (a Swiss Verein), and their affiliated businesses, each of which is a separate legal entity. Hogan Lovells International LLP is a limited liability partnership registered in England and Wales with registered number OC323639. Registered office and principal place of business: Atlantic House, Holborn Viaduct, London EC1A 2FG. Hogan Lovells US LLP is a limited liability partnership registered in the District of Columbia.

The word "partner" is used to refer to a member of Hogan Lovells International LLP or a partner of Hogan Lovells US LLP, or an employee or consultant with equivalent standing and qualifications, and to a partner, member, employee or consultant in any of their affiliated businesses who has equivalent standing. Rankings and quotes from legal directories and other sources may refer to the former firms of Hogan & Hartson LLP and Lovells LLP. Where case studies are included, results achieved do not guarantee similar outcomes for other clients.

Back To Listing

Loading data