sue woodman

If you missed our webinar on the #GeneralElection impact on you & your business you can watch it here ⬇️ as many times as you like! Morr & Co LLP WSM Advisors/ Partners LLP

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How might greater regulatory scrutiny impact private equity firms in the UK? Cleary's Private Equity Wrap looks at how private equity firms may need to navigate a tighter credit environment. Read more here: https://ow.ly/xUW950TWzcZ #ClearyPEWrap #privateequity #regulation

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Exciting times ahead

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In an interview with 20Minds, Cleary partners Michael Preston and Gareth Kristensen discuss what makes the UK an attractive destination for global AI investment. See it here: https://ow.ly/lo9050TPA2h #AI #UK #MandA #artificialintelligence

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Click below for a description of the imminent changes to the Listing Rules

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This article outlines everything you need to consider when setting up a private company in the UK. ➡️https://okt.to/bT7CtL

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Really enjoyed being on the panel discussing forward flows at #ABSFGlobal2024. The good news is that if you weren't lucky enough to attend the event live, we've covered the key takeaways below, including a link to my article on the legal and structural considerations for forward flows

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Cortex Partners LLP are delighted to launch the sale of The Seofon Portfolio. A portfolio of seven highly reversionary trade and industrial assets. The salient details are as follows: - The portfolio boasts prime locations within robust markets in the key regions. Specifically, 54% of the income is derived from the South East, 26% from the West Midlands, 9% from Yorkshire and 11% from the North West - The portfolio totals 417,893 sq ft across 77 units - Six assets are held freehold with one held long leasehold - The portfolio provides a headline income of £4,026,004 per annum, equating to a very low average rent of £9.59 per sq ft - Let to a diverse tenant base with c.20% of the income secured to national trade occupiers - Attractive income profile with 84% of income secured to tenants rated as very low risk/low risk by CreditSafe - WAULT of 4.2 years to expiry and 3.3 years to break - The portfolio is 97.5% let with only two fully refurbished, vacant units both currently being marketed - The portfolio is highly reversionary, with existing evidence across the estates proving the reversionary potential. Furthermore, strong levels of rental growth are forecast in each location adding to these established rental tones - A variety of opportunities exist for sustained rental income enhancement across the portfolio with c.50 lease events within the next 3.5 years, of which 29 are lease expiries, 40% being outside the act   We have been instructed to seek offers in excess of £68,500,000 (sixty-eight million five hundred thousand pounds), subject to contract and exclusive of VAT. A purchase on an asset basis at this level reflects a net initial yield of 5.50%, a potential reversionary yield of 7.21% and a low capital value of £164 psf, assuming standard purchaser’s costs of 6.80%. A purchase of the corporate entities is available by separate negotiation.   Should you require any further information or full marketing details, please do not hesitate to contact Ryan Meader, Tim Cuzens or Jonnie Ray.

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In 2024 we have seen a significant increase in UK and overseas listed corporate bidders offering their equity to target company shareholders in UK public M&A deals. Seth Jones, Anthony Bowen and I explore this growing trend and the drivers and advantages of using equity as consideration in public M&A deals, the tactical considerations and the key issues under the UK Takeover Code. Read our full article below: https://lnkd.in/ey_ZAw34 #MergersAndAcquisitions

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Our new podcast series focused on sell-side M&A / exit planning. Kudos to Christopher Geotes and Ken Zinghini for leading off!

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VC. Why Guernsey? Andrew Tually and I welcomed the opportunity to partner with Guernsey Finance to try to help answer that question and highlight the appeal of our Island for both promoters and investors. Published today, our article in the Financial Times explores the outlook for Guernsey-domiciled VC funds and shares insight from our team's unique position as legal adviser to more than 81% of the Guernsey-domiciled fund market by assets under management. Read the full article here: https://lnkd.in/exhrKHvH Please get in touch if you'd like to chat about any of the topics covered, or about Guernsey-based funds more generally. #FT #VentureCapital #VC #Funds #Investors #Guernsey

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FD I didn’t know that… Our Foreign Direct Investment (FDI) group have written the second article of a two-part series exploring the key areas of which investors, and those active in M&A, need to be aware. In this second article, we consider some of the more substantive aspects of assessing the need to make FDI filings as well as important issues around closing. Click below to read. https://lnkd.in/gBpJnicv

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Our new UK Public M&A Market Update for 2024 provides a snapshot of the current trends, shifts and predictions. Read more and request a copy. https://ow.ly/NzyS50RE8xY #PublicMnA #MarketInsights

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Great flow chart here (for people who like their content visual) of what a UK venture capital funding round looks like, what documents are involved, and as regards the order of play generally... #VC #venturecapital #HLaw

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New London Secondary Listing Rules published Today, the FCA published final listing rules for, amongst other things, the new "International Commercial Companies Secondary Listing" category, which will come into force on 29 July 2024. Jamie Corner, Caroline Chambers and I explore the impact of these changes on international companies in this article: https://lnkd.in/dKBHvXun #UKListingRules #CapitalMarkets #Internationallisting

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Hot on the heels of last week's consultation paper on jurisdiction, the UK’s Takeover Panel has today published new guidance on private sale processes and updated guidance on formal sale processes and strategic reviews. This will make it much easier to sound out potential bidders in private and it aligns the Code more closely with commercial reality in boardrooms up and down the country. Read more in my article here: https://ow.ly/uwCM50RsuQj

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