THE PENSION FUND DILEMMA
We have been involved in some interesting scenarios advising companies with pension fund deficits and how to achieve corporate objectives whilst also satisfying the demands of the Pensions Regulator or PPF. We have also advised alongside actuaries on pension transfers. We have been instrumental in helping resolve a major pension deficit.
THE PROXY BATTLE
We recently advised on a proxy battle between two major groups of shareholders in a listed company involving the creative use of pre-printed proxy forms. Shareholder communications, the presentation of results and employee remuneration packages were key to sustaining shareholder relationships.
5 ACQUISITIONS CONTEMPORANEOUSLY
We have been involved in some highly technical transactions; on one occasion offering on behalf of our client to acquire 5 companies for shares at the same time under the Take-Over Code and each showing the consolidation and the impact on shareholdings.
THE NEW BUSINESS
We have advised start up businesses and we have managed to grow some of them to be mid size businesses – we normally expect to stay for a few years but we have on occasion still been the adviser some 20 years later.
Although this is invariably a defining moment for any business and their management team we aim to meet the objectives of all stakeholders where possible and have successfully increased an initial offer by over 2 times. Ensuring good communication between management teams results in successful post transaction integration. This really can be a win – win situation.