Matheson Ormsby Prentice ranked number one for Irish M &
As
Leading Irish
corporate law firm Matheson Ormsby Prentice advised on more
Irish M&A transactions than any other law firm for the period
January - September 2007, according to international financial
publisher MergerMarket.
Matheson Ormsby Prentice has enjoyed an extremely
successful year so far, advising on a number of the highest
value Irish M&A transactions. In one of the largest transactions
in recent years, the firm recently advised Houghton Mifflin
Riverdeep Group plc on its US$4 billion acquisition of Reed
Elsevier's Harcourt US schools education business. The firm
had had also advised in November 2006 on the acquisition by
HM Rivergroup PLC of Houghton Mifflin and Riverdeep, valuing
the combined group in excess of US$4.5 billion, the largest
ever acquisition by an Irish corporate. Further examples of
headline deals include acting for Walsh Western International
on its acquisition of TDS Logistics Inc for US$400 million,
and for TUI Travel Plc on the sale of Irish travel agency Budget
Travel to Primera Travel.
Stanley Watson, partner and head of
the firm's Corporate Finance Department said "the MergerMarket
ranking reflects what has been an excellent performance by the
firm so far this year. We are especially pleased with the continuing
trend towards higher value deals. It augurs well for the remainder
of 2007 and beyond."
