Freshfields advises ABB on recommended £4.1 billion cash offer for Rotork
Global law firm Freshfields LLP (‘Freshfields’) is advising ABB Ltd (‘ABB’), a global technology leader in electrification and automation, on its recommended cash offer for the entire issued, and to be issued, ordinary share capital of Rotork plc (‘Rotork’). The offer values Rotork at approximately £4.1 billion.
Rotork is a market-leading global provider of mission-critical intelligent flow control solutions.
The Freshfields team is being led by Piers Prichard Jones and Tamara Young. Alex Mitchell and counsel Rosemary Lobley are advising on debt financing matters. Helmut Bergmann and Martin McElwee are advising on regulatory matters. Peter Clements is advising on tax matters and David Mendel is advising on employment matters.
