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Jacobs to Acquire Wood's Nuclear Business

August 20, 2019

London – Paul Hastings LLP, a leading global law firm, announced today that it is advising Jacobs Engineering Group on its acquisition of Wood Group’s Nuclear business in the UK, Europe, and the Far East for £250 million. The transaction is subject to certain conditions, including merger control clearance from the UK’s Competition and Markets Authority. More details of the transaction can be found

.

Jacobs is one of the world’s largest and most diverse providers of highly technical services, with a listing on the NYSE, and the transaction directly aligns with its Aerospace, Technology and Nuclear strategy of selectively using M&A to expand in highly profitable and complementary sectors. Wood, advised on the transaction by Slaughter and May, is a global leader in the delivery of project, engineering and technical services in energy, industry, and the built environment.

The Paul Hastings team was led by London M&A partner

, and included the firm’s managing partner , London M&A partner , and Senior M&A associate . The team also included London corporate associate , Paris antitrust partner , Washington D.C. partners  and  and counsel , London tax partner  and associate , London employment partner  and associate , and London privacy and cybersecurity partner  and associate .

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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