Summary
Greenberg Traurig, Maples and Calder guide return client EverArc
Kirkland guides longtime client SK Capital Partners
(Reuters) - Greenberg Traurig; Maples and Calder; and Kirkland & Ellis are guiding London-listed acquisition vehicle EverArc Holdings Ltdâs $2 billion deal to purchase U.S.-based firefighting products maker Perimeter Solutions from investment firm SK Capital Partners.
British Virgin Islands-based EverArc announced on Wednesday that the acquisition would see Perimeter join a newly-formed Luxembourg company called Perimeter Solutions SA, which will be listed on a U.S. stock exchange.
The deal is expected to close in 2021âs fourth quarter.
EverArc is working with Greenberg Traurig as English and U.S. legal advisor and Maples and Calder as British Virgin Island and Luxembourg legal advisor. Both firms previously advised the entity on its $340 million 2019 initial public offering, according to an EverArc regulatory filing.
Thai investor Mongkol Prakitchaiwattana sold off 110 million shares of Krungthai Card Plc (KTC) on Thursday worth 8.22 billion baht, at an average price of 74.75 baht per share, to finance a joint venture in XSpring Capital Plc in collaboration with Sansiri Group, says a securities industry source who requested anonymity.