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Dentons

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SNR Denton Advises Lucara Diamond on Share-for-Share Takeover of African Diamonds plc

January 2011

SNR Denton has advised Lucara Diamond Corp. ("Lucara") on its successful share-for-share takeover of African Diamonds plc ("AFD"), a U.K. company whose securities were traded on the AIM Market of the London Stock Exchange.  The acquisition was carried out by way of an English court-approved cancellation scheme of arrangement involving a conditional three-cornered demerger.SNR Denton Advises Lucara Diamond on Share-for-Share Takeover of African Diamonds plc

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For more information please visit www.snrdenton.com

 

Legal Developments by:
Dentons

  • Legal aspects of documenting shipping finance transactions in the United Arab Emirates

    The United Arab Emirates (UAE) is strategically placed between Europe and the Far East. The UAE has been ranked among the top 15 maritime nations by the United Nations Conference on Trade and Development and the UAE Government is working on plans to transform the shipping industry into one of the country’s major economic sectors.
    - SNR Denton

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