Pinsent Masons advise redefine international on £106m hotel acquisition

30 July 2010

Pinsent Masons has advised Redefine International plc on its £106 mln. (approx. €126 mln.) conditional acquisition of five Holiday Inn hotels from the Splendid Hotels Group

Redefine International plc is an AIM-listed company with a market capitalization of approximately £158 mln. The acquisition is to be effected through subsidiary Redefine Hotel Holdings Limited.

The Pinsent Masons' team was led by corporate partner Howard Gill, and included banking partner William Oliver, corporate senior associate Hannah Brader, and property senior associates Michelle Beaumont and Susan Samuel.

CEO of Redefine's Hotels Group Helder Pereira commented: "This was a highly complex deal and required extensive specialist experience in the hotel sector. The Pinsent Masons team brought together this experience, with expertise in all the legal specialisms we needed. Once again the Pinsent Masons team delivered an excellent result for us on this key strategic deal for the group.

For further information please contact:

William Oliver
Partner, Pinsent Masons
020 7418 7060

Notes to Editors:

Pinsent Masons is an established, full service law firm with truly international reach, a reputation for delivering both world class service quality and excellent value, providing a full range of corporate, financial and commercial legal services to major UK and international corporations, institutions and public bodies. The firm has well over 1,000 partners and other lawyers worldwide.

  • Pinsent Masons office network includes the major international business and financial centres of London, Dubai, Beijing, Shanghai, Hong Kong and Singapore and the key business centres in the UK: Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester.
  • The firm also has a strategic alliance with Salans, a leading international law firm with over 750 lawyers across 21 or more locations in Western and Eastern Europe, Asia and the United States.

Pinsent Masons LLP is a limited liability partnership registered in England & Wales (registered number: OC333653) and regulated by the Solicitors Regulation Authority. The word 'partner', used in relation to the LLP, refers to a member of the LLP or an employee or consultant of the LLP or any affiliated firm who is a lawyer with equivalent standing and qualifications. A list of members of the LLP, and of those non-members who are designated as partners, is displayed at the LLP's registered office: CityPoint, One Ropemaker Street, London, EC2Y 9AH, United Kingdom. We use ‘Pinsent Masons’ to refer to Pinsent Masons LLP and affiliated entities that practise under the name ‘Pinsent Masons’ or a name that incorporates those words. Reference to ‘Pinsent Masons’ is to Pinsent Masons LLP and/or one or more of those affiliated entities as the context requires. For important regulatory information please visit:www.pinsentmasons.com.

Contacts

Press Office
Tel: +44 (0)20 7418 8199
Pinsent Masons Publications
© Pinsent Masons LLP | Legal Notices | Contact Webmaster | Site Map
Our Offices