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Harneys Sets New BVI Record for Largest Takeover of Publicly-Listed BVI Company
  • POST ON 8 Jan 2019

Member firm Harneys Westwood & Riegels has announced its representation of DXC Technology Company (NYSE:DXC) on its proposed US$2 billion merger acquisition of Luxoft (NYSE:LXFT).

This transaction sets a new BVI record for the largest ever takeover of a publicly-listed BVI company by transaction value. Harneys Partner Greg Boyd led the BVI team with assistance from newly appointed Counsel, George Weston. The BVI team worked alongside the corporate team at Latham & Watkins, who was the United States counsel to DXC, led by New York Partner Peter Harwich and Silicon Valley/New York Partner Josh Dubofsky.

Commenting on the record-breaking transaction, Boyd said: “a new record is a nice bit of icing on the cake, but more importantly this transaction is demonstrative of both our public equity expertise and our core value commitment to ensuring client objectives are met”.

BVI Finance congratulates the entire Harneys team on their latest transaction. Not only does this emphasize the strength of the BVI’s international business and finance centre, but further demonstrates the deep technical knowledge of the skilled professionals in this jurisdiction.


Read the original article on the Harneys website.