AFL acquisition of Watts McCray completed AFL acquisition of Watts McCray completed Share Listed family law practice AF Legal has completed its acquisition of NSW firm Watts McCray, which it says makes it the first national specialist family law firm in the country. In a statement to ASX on Wednesday, 16 June, AF Legal Group (ASX: AFL) – also known as Australian Family Lawyers – issued 308,948 shares as consideration for the acquisition, representing half of the upfront share consideration, with the balance pending post-completion working capital adjustments. Advertisement "); googletag.cmd.push(function() { googletag.display('div-gpt-ad-1606778613657-0'); }); } Advertisement The consideration shares, the firm said, “rank equally in all respects with existing fully paid ordinary shares of the Company. On completion all existing Watts McCray debt facilities were extinguished”.