Addleshaw Goddard advises Belvoir Group on its all-share merger with The Property Franchise Group
Addleshaw Goddard, the international law firm, has advised Belvoir Group PLC (AIM:BLV) on its all-share merger with The Property Franchise Group PLC (AIM:TPFG) which creates one of the UK’s largest multi-brand lettings and estate agency groups. At the announcement date (in January), the offer terms valued Belvoir Group at c. £103.5m and TPFG's market capitalisation was c. £111m.
The deal completed last week.