Slaughter and May is advising Baring Emerging Europe plc on a proposed tender offer for of up to 10 per cent. of its issued share capital

Slaughter and May is advising Baring Emerging Europe plc on a proposed tender offer for of up to 10 per cent. of its issued share capital. The tender offer is to be priced at a 2.5 per cent. discount to the net asset value per share as at 24 January 2017. At the same time, Baring Emerging Europe is proposing certain changes to its investment policy and to its existing discount control mechanism.