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Slaughter and May corporate partner David Johnson advised Punch Taverns on its £1.19bn acquisition of Pubmistress, the holding company for Pubmaster Group. The acquisition was financed by a combination of existing resources, cash from Punch’s recent refinancing and a new revolving credit facility with Royal Bank of Scotland (RBS). The Slaughters team included corporate associate Deirdre Coolahan and competition partner Bertrand Louveaux. Pubmistress was advised by Nabarro Nathanson corporate partner Andrew Inkaster, supported by corporate partner Andrew Wigfall and corporate assistant Caroline Newsholme. Deal funder RBS was advised by Clifford Chance finance partner Suzy Stewart.

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