Gilbert + Tobin (G+T) is advising the acquirer of one of the largest suppliers of containers in Australia and New Zealand.
G+T is advising General Finance Corporation, and its wholly owned subsidiary GFN Asia Pacific, as GFN bids for Royal Wolf in an offer that values Royal Wolf at about $184m in market capitalisation, and about $290m in enterprise value. The offer put a 40.8% premium on Royal Wolf’s shares prior to the announcement of the deal.
General Finance, which is headquartered in Pasadena, California, has been the major shareholder of Royal Wolf since its IPO in 2011. Royal Wolf was wholly owned by General Finance when it was unlisted.
Partner Peter Cook and lawyer Olivia Blakiston of G+T’s corporate advisory team are advising General Finance on the offer. Banking and infrastructure partner Gail Christopher is advising General Finance on the financing arrangements.
Related stories:
Major automotive group grows aided by top firms
Firms win for Kidman Resources in WA Supreme Court
.jpg)
