Corporate partner Richard Spedding is advising Investec Bank plc and Panmure Gordon (UK) Limited on the £24.2m placing by Dignity plc announced today.

The placing proceeds will be used to part fund the £58.3m acquisition of Yew Holdings Limited, comprising 40 funeral locations and two crematoria in the North of England. Investec and Panmure Gordon have fully underwritten the placing.

Richard is assisted by senior corporate associate Daniel Simons.  US Securities law advice has been provided by US partner Charles Casassa and senior associate Dan McNamee.

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