Ogier, instructed by Slaughter & May, has advised Palamon Capital Partners on matters of Jersey law relating to its agreement, subject to regulatory approval, to sell Towry for £600 million to Tilney Bestinvest, which is owned by Permira funds.
The combination will create one of the leading UK wealth management firms, offering clients investment management and financial planning. The combined business will have responsibility for more than £20bn of assets for affluent and high-net-worth clients.
The Ogier team included Corporate Partner Raulin Amy and Senior Associate Saraid Taylor.
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