M&A: Dee Valley
Company
Dee Valley
Category
Natural Resources
Service
Corporate public relations
Tavistock advised the Board of Dee Valley Water on Severn Trent’s £84 million takeover bid which trumped an earlier offer from a rival bidder.
The take-over experienced a first of its kind voting down of a Scheme of Arrangement by minority shareholders by the number of votes. A subsequent judgment was required in the High Court to allow the take-over to complete.