Ogier advises BGS on BVI legal aspects of its business combination with Black Diamond
Ogier in the British Virgin Islands (BVI) has advised NASDAQ-listed special purpose acquisition company BGS Acquisition Corp on the BVI legal aspects of its proposed business combination with Black Diamond Holdings LLC.
The transaction, which is scheduled to close on or before 26 September 2013, is being structured as an all-stock transaction that values Black Diamond at an equity valve of $400m.
The Ogier team comprised partner Simon Schilder and senior associate Lee Osbourne.
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The Exempted Limited Partnership Law 2014 includes significant changes to the Cayman Islands’ statutory framework.
This briefing has been prepared for the assistance of investment managers primarily considering carrying on investment management from Guernsey.