Ashurst is advising Domino Printing Sciences plc, the FTSE 250 technology company, in relation to a recommended offer for the company by Brother Industries, Ltd.

Under the terms of the offer, Domino shareholders will be entitled to receive a total of 915 pence in cash for each Domino share held. Domino shareholders will also receive the proposed final dividend for the year ended 31 October 2014 of 14.76 pence per share. The offer values the entire issued ordinary share capital of Domino at approximately £1.031 billion. As part of the offer, a loan note alternative will be available to Domino shareholders. The offer will be implemented by way of a transfer scheme of arrangement.

The Ashurst team is being led by corporate partner Adrian Clark, assisted by senior associate James Fletcher, and associates Sonica Tolani and Patrick Walsom. Also advising is competition partner Ross Mackenzie. Partner Paul Randall, assisted by associate Emma James are providing incentives advice. Associate Louise Thawley is providing employment advice. Partner Alex Cox and senior associate Tim Gummer are advising on the tax aspects of the transaction. Sara Watson and Lindsey Roberts are advising on the court process relating to the scheme of arrangement.