On Friday 17 December Ganfeng Lithium announced that its recommended takeover offer for Bacanora Lithium PLC had become effective, which valued Bacanora at approximately £260 million. The Takeover Code Rules changed in July 2021 and this is the first takeover offer made under the new regime to be successful. Bacanora, whose shares are traded on AIM, is a lithium development [...]
On 14 December 2021, Stagecoach and National Express announced that they had agreed a £1.9bn merger, but behind the scenes of this mega transaction, Stagecoach had agreed to divest part of its businesses and shares in Scottish Citylink Coaches Limited to companies within the ComfortDelGro group in order to address any potential competition issues. Teacher Stern advised Scottish Citylink Coaches [...]
Teacher Stern is proud to have secured top rankings in the Legal 500 2021, an independent directory that ranks the UK’s top law firms. Our Corporate & Commercial team have retained their Tier 2 ranking for London law firm - M&A deals for under £50m and our lawyers continue to be recognised as experts within their fields. Martine Nathan, Partner, Corporate [...]
Teacher Stern LLP are pleased to announce that they have successfully negotiated a settlement with Barclays Bank on behalf of 37 clients who took out Shared Appreciation Mortgages in the late 1990s. While the details of the settlement are confidential Teacher Stern LLP are proud to have concluded settlement on behalf of their clients who had suffered years of uncertainty [...]
