Kirkland & Ellis is advising TDR Capital LLP, a private equity firm, on the recommended offer for the entire issued, and to be issued, ordinary share capital of Arrow.
As part of the offer, shareholders of Arrow have the opportunity to elect to receive a share alternative in lieu of the cash offer. The acquisition will be implemented by way of a scheme of arrangement and values Arrow at approximately GBP563 million.
The Kirkland team was led by corporate partners David Holdsworth, Dipak Bhundia and Stuart Boyd and associates Henry Birch and Toshi Mahapatra; financial services regulatory partners Lisa Cawley and Romin Dabir and tax partner Mavnick Nerwal.
