WLG Investment Funds team acts on Blackstone's £152 million offer for Japan Residential Investment Company Limited
Wragge Lawrence Graham & Co's (WLG) Investment Funds team is advising longstanding client Japan Residential Investment Company Limited (JRIC) on a £152.6 million recommended cash offer.
The offer, announced on 13 November 2015, has been made for JRIC by an investment vehicle indirectly wholly owned by Blackstone Funds. It is being implemented by way of a court sanctioned scheme of arrangement under Guernsey Law.