SALE OF A 50% INTEREST IN A SIGNIFICANT WESTERN AUSTRALIAN AGRICULTURAL BUSINESS
MPH acted for the Vendor in the sale of a 50% interest in a significant Western Australia agricultural business which has been operating in the South West for a number of decades.
The business involved the sale of shares in multiple entities and dealing with a number of its major national retail customers, necessary due to the transaction being in the nature of the sale of shares and units in the entities which own the business operations and land holdings on which those operations are conducted.
The value of the transaction, in the multiple tens of millions, required the preparation, review and implementation of in excess of 130 documents and significant interaction with the legal, financial and taxation advisors for both our client and the Buyer, an ASX listed company.
MPH has acted for the Vendor group for many years and this included the sale of the initial 50% interest to the Buyer some time ago and the preparation and negotiation of documents for that transaction and the ongoing shareholder agreements between the parties.
Evan Hillard (Director) and Natalie Quek (Director) acted on the sale, supported by Laura Zollo.