The scheme is subject to customary conditions precedent including Wotif Group shareholder approval and court approval. If the scheme is implemented, Wotif Group shareholders will receive cash consideration. The offer is valued at approximately $703 million.
The King & Wood Mallesons team is being led by M&A partners David Friedlander and Jason Watts in Australia and Philipp Girardet in Europe, supported by senior associate Amanda Isouard and solicitors Anna Chen and Jennifer Cheung. The transaction has also drawn on practice groups across the firm.
The Wachtell team was led by M&A partner Andy Nussbaum and associate Lina Tetelbaum.
Jason Watts said: “If the scheme is approved, this will be a significant transaction in the Australian market.”
