Deal Card: West Bromwich Albion Holdings
BDO Birmingham Lead Advisory team recently acted as financial adviser to the West Bromwich Albion Group on its £12m takeover of West Bromwich Albion Holdings. WBA Group was a new company incorporated for the purpose of acquiring WBA Holdings. When the offer was declared unconditional in all respects, over 90 per cent of WBA Holdings shareholders had accepted the offer.
"The offer provided WBA Holdings' shareholders with an opportunity to exchange their shares for shares in WBA Group or to exit for cash if they so wished and also enabled me to increase my control of the company. These objectives have now been achieved. BDO provided excellent service, especially in dealing with the onerous regulatory requirements and this has helped to ensure that the offer proceeded to a successful conclusion."
Jeremy Peace, Director, WBA Group Limited
