UACC acquired by Greek interests with WFW support

United Overseas Group (UOG), an investment company controlled by Greek interests, is to acquire Dubai-based shipping company United Arab Chemical Carriers (UACC) in a deal that is still subject to regulatory approvals. Watson Farley & Williams (WFW) advised UOG in the acquisition, which 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 affected...

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