Saputo £975 million acquisition of Dairy Crest

22/2/2019

Public acquisition

Value:

£ 975 million

Dollar value:

$ 1.300 billion

Status:

Announced

Date:

22/2/2019

Overview:

Saputo has made a bid for Dairy Crest for around £975 million.
Saputo is a Canadian dairy producer.
Dairy Crest is a UK dairy producer that owns brands such as Clover and Cathedral City.

Sam Duke

Jurisdiction:

United Kingdom

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Food and beverage
Agriculture

Firms:

Ashurst

Party: Lazard (Financial adviser)

Lawyers: Karen Davies, Tim Rennie

Eversheds Sutherland

Party: Dairy Crest Group (Target)

Lawyer: Aleen Gulvanessian

Freshfields Bruckhaus Deringer

Party: Saputo (Acquirer)

Lawyer: Stephen Hewes

Stikeman Elliott

Party: Saputo (Acquirer)

Lawyers: Howard Rosenoff, Maxime Jacquin, Pierre-Yves Leduc

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