Allens is advising boutique investment manager Samuel Terry Asset Management on its off-market takeover offer for Eildon Capital Group, an ASX-listed Australian real estate investment and funds management business.
The current offer follows Samuel Terry Asset Management's acquisition of a majority interest in Eildon by way of an off-market takeover bid in 2023, on which Allens also advised.
'We are delighted to be continuing our work with Samuel Terry Asset Management and to advise on its offer for Eildon,' said lead partner Charles Ashton.
'This offer reflects a broader uptick in public market takeovers, as private capital investors continue to look for strategic take-private opportunities.'
Allens is a market leader in advising on public market transactions, having recently advised on Kinterra's off-market takeover of New World Resources, Bastion Mining's off-market takeover of Xanadu Mines, TPG Capital's proposed take-private of Infomedia Limited, Platinum Asset Management's proposed merger with L1 Capital and Aurumin's proposed acquisition by Brightstar Resources.
