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Wragge & Co has closed its first instruction for GE’s commercial and business finance divisions on a £40m facility to assist the buy-out of a group of pharmaceutical companies. Head of asset finance Paula Laird led the Wragges team, while DLA Piper Rudnick Gray Cary private equity partner Jim Lavery advised the buyer. Peter McLintock and Sukh Ahark of Hammonds acted for the vendors.

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