WFW advises UOG on UACC acquisition and financing

WFW advises UOG on UACC acquisition and financing

George Paleokrassas

11 January 2021

Watson Farley & Williams (“WFW”) has advised United Overseas Group Ltd (“UOG”) on the acquisition of United Arab Chemical Carriers Limited (“UACC”).

The acquisition was structured by way of a reverse triangular merger with the financing for the acquisition provided by alternative investment firm, EnTrust Global. The transaction will be the first such merger to be effected under the Companies Law of the Dubai...

https://allaboutshipping.co.uk/2021/01/11/wfw-advises-uog-on-uacc-acquisition-and-financing/

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