Akin Advises Jacobs in Acquisition of Remaining Stake in PA Consulting
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(London) – Akin advised Jacobs (NYSE: J) in its agreement to acquire the remaining shares in PA Consulting which it does not already own.
The transaction values PA Consulting at an enterprise value of £3.05 billion. Under the terms of the agreement, Jacobs will pay upfront consideration of approximately £1.216 billion as well as £75 million of deferred consideration, expected to be paid in Jacobs shares valued on the second anniversary of closing.
The Akin team was led by private equity partners Angela Becker and Daniel Oates.
For further details on the transaction, please click here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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