A team comprising commercial property and corporate lawyers recently completed the share acquisition of an existing pharmacy business from multiple shareholders, advising the Newco pharmacy business.

The acquisition was supported by bank funding and a requirement of the funding was that the Newco/borrower would take a new lease of the pharmacy premises to provide security for the bank.

The transaction was complicated due to the number of sellers involved and the landlord’s surrender of the existing and settling of the new lease.

I understand a lot of work has gone into this and far more than anticipated….I will definitely look at using your company again in the future and will definitely recommend to colleagues.

Newco Pharmacy Client August 2016

About the author

Mohammed Abbas Solicitor

Mohammed specialises in acquisitions, disposals, joint ventures, private equity matters, re-organisations and shareholder agreements.