Michael's practice extends across a broad range of company and commercial work which includes mergers, acquisitions and disposals, joint ventures, demergers and corporate reconstructions, privatisations, equity and debt offerings and Stock Exchange and Takeover Panel issues. His clients have included British and foreign companies and corporations, large and small, public and private, quoted and unquoted, engaged in a variety of businesses and market sectors.
Credentials
- Bradford & Bingley on its original proposal to raise additional capital by way of a £300 million rights issue and subsequently on its revised proposal to raise £400 million by way of restructured rights issue and an equity investment from Texas Pacific Group, and at the same time on an approach received from Resolution to obtain controlling interest in the Group
- a syndicate of investment banks providing equity to the bidding consortium formed by KKR and Stefano Pessina in connection with the recommended takeover of Alliance Boots PLC
- QinetiQ on its £1.3 billion listing on the London Stock Exchange
- Bank of Scotland on its £28 billion merger with Halifax and prior to this on its two £27.6 billion hostile takeover bids for National Westminster Bank , and its merger discussions with Abbey National
- KPMG UK on the €657 million sale by KPMG UK and Netherlands of their consulting business to Atos Origin of France
- De Beers in relation to the US$19 billion takeover by a consortium comprising CHL, Anglo American and Debswana
- The Defence Evaluation and Research Agency (an executive agency of the Ministry of Defence) on its partial privatisation by HM Government
- Lonmin in relation to the disposal of its interest in Ashanti Goldfields Company, and related issues
Other significant UK client relationships for which Michael is responsible include HBOS, HSBC, Scottish Media Group, Bradford & Bingley, H.R Owen and James Fisher. International corporate relationships include Martin Marietta, Gazprom, Anglo-American, Gannett, and McAfee.