Dechert advises GIC on £6.7 billion Fortress-led bid for Morrisons  

July 28, 2021

Dechert is advising GIC as part of the investment group led by Fortress in the £6.7 billion all cash offer for WM Morrison Supermarkets PLC.

The team is led by partners Chris Field and Mark Evans with support from associate Tom Clarke and trainee solicitor James Hutchens.

GIC, via its nominated investment vehicle, Cambourne Life Investment Pte Ltd, joins as an additional co-investor, alongside CPP Investments and KREI, and will provide financing in respect of the Fortress Offer.

GIC is a leading global investment firm established in 1981 to manage Singapore's foreign reserves. As a disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. Headquartered in Singapore, GIC has investments in over 40 countries and employs over 1,800 people across 10 offices in key financial cities worldwide.

About Dechert

Dechert is a leading global law firm with 23 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.

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