04 March 2014 I Deals and Cases

AMEC plc to Launch a USD 3.2bn Public Tender Offer for Foster Wheeler

Foster Wheeler AG, a Nasdaq listed Swiss Company, entered into a definitive agreement with AMEC plc pursuant to which AMEC will make an offer to acquire all shares  of Foster Wheeler. Under the terms of the offer, AMEC will offer to exchange each outstanding share of Foster Wheeler into a common stock transaction consideration consisting of 0.8998 shares of AMEC stock and $16.00 in cash.

Bär & Karrer acted as Swiss legal advisor to Foster Wheeler whereas Freshfields Bruckhaus Deringer acted as Foster Wheeler's international counsel. The Bär & Karrer team included Michael Trippel, Mariel Hoch (both M&A), Pascal Zgraggen (Commercial) and Raoul Stocker (Tax).