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TLT advises Sword Group SE on £11.7 million Takeover Code recommended cash offer

National law firm TLT has acted for Sword Group SE, a NYSE-Euronext Paris listed international IT services group, in its £11.7 million Takeover Code recommended cash acquisition of Active Risk Group plc, a company admitted to the AIM Market of the London Stock Exchange.

The offer was announced to the stock exchange on 11 July 2013 and is to be implemented by way of a court sanctioned scheme of arrangement. The acquisition is due to complete in August 2013, subject to Active Risk shareholder and court approval.

Sword Group SE operates in 15 countries with over 1,000 staff and the acquisition of Active Risk Group plc's risk management software solution, is a significant purchase for the group. The software is recognised as market leading as it enables clients, including blue chip international companies, to improve business performance by increasing their risk bearing capacity.

The TLT team led by corporate partner Richard Tall included intellectual property and brand protection partner Nick Fenner, real estate partner Stephen Elliott, employee incentives partner Ben Watson, corporate solicitor Caroline Urban, commercial solicitor Juliet Bradshaw, and real estate solicitor Caroline Isherwood.

TLT's dedicated corporate lawyers advise on the whole range of corporate services across numerous industry sectors, acting for an impressive list of UK and international clients from family owned businesses and major FTSE listed Plcs through to venture capitalists, banks and financial institutions.

Clients have voted TLT the best UK law firm for client service in Legal Week's independently researched Client Satisfaction Report 2012. TLT has also been named National Firm of the Year at the Legal Business Awards 2013 and Best Managed Firm and won Best Community Engagement at this year's Managing Partners' Forum Awards.

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