Fladgate LLP acted for Premier African Minerals Limited (Premier), on the purchase of the entire share capital of Mandalore Development Limited (Mandalore) from TSX-V listed AgriMinco Corp (AgriMinco). Mandalore owns a 30% interest in the Danakil Potash project which includes a potentially significant potash deposit in the Danakil Depression in Ethiopia. The consideration comprised the […]
On 16 April 2014, the Privy Council dismissed the appeal of Surinam Shipping Company against the Mauritius Court of Appeal’s judgment in favour of Den Danske Bank A/S and Mauritius Commercial Bank Limited (MCB). The case concerned whether MCB had undertaken liability for payment of a letter of credit or was merely an advising bank. […]
Fladgate LLP has advised the managers/shareholders of ISN Solutions Limited (ISN) on the sale of ISN to a new company backed and funded by private equity house Maven Capital for £6.1m. ISN is one of the UK’s leading specialist IT and communications consultancies working in the oil and gas sector. Two of the three founder […]
Fladgate LLP has advised Aurora Russia Limited (Aurora), the AIM listed private equity fund focused on Russia, on a buyback by way of a tender offer to return £8.25 million to shareholders. The tender offer is being made by Numis Securities. Fladgate corporate partner Neil Vickers advised Aurora and simultaneously acted on the sale of […]
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