Freshfields Bruckhaus Deringer and Clifford Chance (CC) are advising on CVC Capital Partners' takeover bid for online betting exchange Betfair Group. A Freshfields team led by corporate partner Martin Taylor is acting for the betting company, which on Monday (22 April) rejected an offer of £8.80 per Betfair share, on the basis that it "fundamentally undervalues the company and its prospects, and is highly conditional."
April 25, 2013 at 04:38 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Clifford Chance (CC) are advising on CVC Capital Partners’ takeover bid for online betting exchange Betfair Group.
A Freshfields team led by corporate partner Martin Taylor is acting for the betting company, which on Monday (22 April) rejected an offer of £8.80 per Betfair share, on the basis that it “fundamentally undervalues the company and its prospects, and is highly conditional.”
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