Community & Firm News 26 Jun 2023

SILK share sale to API

Kain Lawyers is pleased to be advising SILK Laser Clinics (ASX:SLA) on its proposed acquisition by Australian Pharmaceutical Industries (API) (a subsidiary of Wesfarmers (ASX:WES)) by way of scheme of arrangement for approximately $180m.

“Wesfarmers represents a logical, long-term owner of the SILK business and the API offer provides certainty for shareholders” commented Boris Bosnich, Chairman of SILK. “The technical expertise and wise counsel of James Burchnall and Gerry Cawson of Kain Lawyers throughout this transaction process has been invaluable.”

The Kain Lawyers deal team is being led by James Burchnall (Head of Public M&A and Public ECM) and Gerry Cawson (Head of Private M&A and Private ECM) with assistance from Rebecca Henderson, Sam Christie, Navar Amici and Gemma Kerin. Congratulations to all involved. #transactionspecialists
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Gerry Cawson

Gerry CawsonDirector, Co-Head of M&A (Private) and Capital Markets (Private)

Mergers and Acquisitions|Investment Funds|Capital Markets|Agribusiness|Family Office|Foreign Investment|Private Equity

James Burchnall

James BurchnallDirector, Head of M&A (Public) and Capital Markets (Public)

Mergers and Acquisitions|Capital Markets|Foreign Investment|Private Equity|Agribusiness

Rebecca Henderson

Rebecca HendersonDirector, Head of Dispute Resolution

Dispute Resolution|Competition and Regulatory

Sam Christie

Sam ChristieDirector

Mergers and Acquisitions|Investment Funds|Capital Markets|Agribusiness|Private Equity