Flotation
February 11, 1999 at 10:07 AM
1 minute read
The original version of this story was published on Legalweek
Teams from Slaughter and May are advising RAC Holdings on its preparations for a stock market flotation and its defence against a series of law suits by former and overseas members.
The battle by RAC’s membership to sell the company began with a proposed sale worth £450m to US company Cendant, which was blocked on competition grounds by the Monopolies and Mergers Commission.
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