Cases & Deals

Cenkos Securities completes £120 million placing and open offer on Main Market by Stobart Group Limited

Client(s) Cenkos Securities plc

Jones Day advised Cenkos Securities plc, as sponsor, financial adviser, and joint broker to Stobart Group Limited, the UK leader in multimodal transport and logistics solutions, in connection with its placing and open offer to raise gross proceeds of approximately £120 million (US$198 million), valuing the company at £540 million (US$893 million).