Ince & Co has confirmed the completion of the $160m corporate sale of the PVM Group, an independent broker of oil instruments, to Tullett Prebon PLC, one of the world’s leading interdealer brokers. The transaction completed on November 26, 2014.

The Ince London team was led by corporate partners Stephen Jarvis and Matthew Stratton and senior associate Mona Patel, together with solicitors Richard Hyman and Marcus Gwyer, and trainees Andrew McAdam and Sam Batchelor amongst others. The team worked alongside Bill Ricquier and Nirev Shah from Incisive Law LLC, with whom Ince & Co Singapore has a Formal Law Alliance, and Amaka Edomobi from our Dubai office.

“It has been a pleasure to work with the team at PVM throughout the deal. Bringing this major transaction to a close involved multiple complex legal and logistical issues. We coordinated legal teams in the US, Singapore, Austria and Bermuda, and worked closely with them to carry out a major pre-completion group reorganisation and obtain relevant regulatory approvals. We also assisted on a placing of shares on the London Stock Exchange, which were issued in consideration for the transaction,” said Stephen Jarvis, who led Ince’s team. “This deal is closely aligned to Ince’s global strength and our dedicated team of corporate specialists in the energy and international trade sectors.”

Ince’s corporate and commercial lawyers provide advice on a wide range of matters including joint ventures, mergers, acquisitions, disposals and group corporate structures to UK domestic and overseas companies, whether they are start-ups or long-established.