Slaughter and May advised SEGRO plc on a placing of approximately 7% of its existing ordinary share capital

Slaughter and May advised SEGRO plc on a placing of approximately 7% of its existing ordinary share capital to raise gross proceeds of approximately £451 million. The placing, which was announced on 15 February, was conducted by an accelerated book-building process. Merrill Lynch International and UBS AG London Branch acted as joint bookrunners and corporate brokers in connection with the placing.

Slaughter and May, working as an integrated team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, supported SEGRO’s in-house team, Elizabeth Blease (General Counsel & Company Secretary) and Stephanie Murton (Legal Counsel).