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DWF acts on behalf of First Milk in Wiseman and Müller deal
Business law firm, DWF, has acted on behalf of dairy farmer cooperative, First Milk, in relation to the recent Robert Wiseman Dairies and Müller deal.
East Kilbride-based Wiseman has recently made headlines following the news that it has recommended an offer to be acquired by German yogurt and potted desert manufacturer, Müller.
The deal, which is thought to be worth almost £280m, is very significant to First Milk as it owns some 7,162,026 shares in the Scottish dairy group, equating to a 10.1% shareholding.
DWF has advised First Milk on its participation in the proposed offer as a significant shareholder.
Peter Allen, head of the food group at DWF, said: “This takeover is a major shake up in the UK dairy market, putting together two major players in staple dairy consumer products – yogurts/desserts and fresh liquid milk. We were delighted to advise First Milk, a key client of our food group, on this substantial transaction for them.”
Source: DWF
- If you enjoyed this article, you may also like this: Cash offer by Müller Dairy for Robert Wiseman Dairies agreed
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