09 February 2018
Macfarlanes advises Hogg Robinson on recommended offer and simultaneous disposal of Fraedom division
Macfarlanes has advised leading global B2B services company Hogg Robinson on a recommended offer by GBT, which trades as American Express Global Business Travel, for Hogg Robinson. The firm has also advised on the simultaneous class 1 disposal of Hogg Robinson’s Software-as-a-Service technology company Fraedom to Visa for approximately £140 million.
The Macfarlanes team for this matter was led by corporate and M&A partner Robert Boyle with assistance from senior counsel Mark Slade, senior solicitor Tom Rose and solicitors Charlotte Pym and Olivia Seeley. Competition expertise was provided by partner Malcolm Walton, pensions advice from partner Camilla Barry and tax expertise by partner Jeremy Moncrieff.
Robert Boyle comments: “Having advised Hogg Robinson for almost 20 years, including on its IPO in 2006, we are delighted to have assisted the company with this ground-breaking, multi-faceted transaction, which delivers significant value to shareholders.”
