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Mayer, Brown, Rowe & Maw LLP advises Sir Stanley Clarke and Northern Racing Limited in AIM reverse takeover.

Publication: Mondaq Business Briefing
Publication Date: 20-OCT-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The Corporate Group at Mayer, Brown, Rowe & Maw LLP advised Sir Stanley Clarke and Northern Racing Limited, one of the UK's leading racecourse operators, on its reverse takeover of AIM-listed The Chepstow Racecourse PLC.

The transaction, which completed on 13 October 2003, was structured by way of the simultaneous acquisition by Chepstow from St. Modwen Properties PLC's and Sir Stanley Clarke of their respective shareholdings in Northern Racing in consideration for...

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