NRW Holdings Limited’s Recommended Takeover Offer For Primero Group Limited

Thomson Geer advised Primero Group Limited on the deal.

Primero Group Limited, which specialises in the design, construction and operation of resource projects, received a recommended takeover offer by NRW Holdings Limited.

NRW is a leading provider of contract services to the resources and infrastructure sectors in Australia. The takeover offer will see NRW acquire all of the fully paid ordinary shares on issue in Primero.

NRW’s offer values Primero at approximately $100m. Under the offer Primero shareholders will receive $0.275 cash plus 0.106 NRW shares for every Primero share.

The Thomson Geer team was led by Partners Marc Wilshaw (Picture) and Hedley Roost with support from Senior Associate Jonathan Foo.

Involved fees earner: Jonathan Foo – Thomson Geer ; Hedley Roost – Thomson Geer ; Marc Wilshaw – Thomson Geer ;

Law Firms: Thomson Geer ;

Clients: Primero Group Limited;

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Author: Michael Patrini