Slater & Gordon – the world’s first publicly-owned law firm – is to make its first acquisition since its recent flotation, with the firm announcing yesterday (28 May) it is to buy a niche military compensation practice for AU$2.8m (£1.15m).
Australian firm Slater hopes to complete the deal to acquire the Brisbane boutique, D’Arcys Solicitors, by 1 July. A cash-and-share offer has been tabled, with shares comprising AU$475,000 (£196,000) of the bid, based on their average trading price between 21-25 May.
