Ashurst advised GlobeOp Financial Services SA and the independent
board on its £508 million offer by Geo 3, a company formed by
private equity firm TPG Capital LLP.
Under the terms of the offer, GlobeOp shareholders will be
entitled to receive 435p in cash for each ordinary share
Founded in 2000, GlobeOp is an independent financial administrator
specializing in mid and back office services reporting to hedge
funds and asset management firms.
The Ashurst team was led by global head of corporate
, assisted by corporate associate Kate Gritten.
Advice on antitrust issues was provided by chief economist
Mat Hughes and partner Rob Moulton
regulatory aspects. Partner Isabelle Lentz
Luxembourg advice and advice on incentives matters was
provide by associate Louise Batty.