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Slater & Gordon Ltd announces acquisition of Pannone Solicitors LLP

Thursday, 28 Nov 2013 04:15am EST 

Slater & Gordon Ltd:Says signed agreement for acquisition of consumer law business, including personal injuries, family law, wills & estates and private client practices of Pannone Solicitors LLP.Says transaction price is approximately 33 million pounds (about A$55 million).Says the consideration for the acquisition will comprise payment of 25.5 million pounds in cash and the issue of 7.5 million pounds in Slater & Gordon shares.Says transaction is expected to be completed by late Feb. 2014. 

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