Lawyer from BDP Attorneys Inc. included in 2022 Best Lawyers™ List
November 23, 2021

M&C SAATCHI Deal Announcement

Deal Announcement

A team at BDP Attorneys led by Corporate and Commercial Director, Caleb Jones, has advised M&C Saatchi Plc on the disposal of its interests in its South African subsidiary companies to the existing management team and minority shareholders. BDP Attorneys acted as lead legal advisers to M&C Saatchi Plc, advising on all corporate and regulatory aspects of the transaction.

The South African subsidiaries disposed of comprise M&C Saatchi Abel, M&C Saatchi Connect, Levergy Marketing, Razor Media, Dalmatian Communications and Black & White Customer Strategy (the “South African Group”).

The disposal forms part of M&C Saatchi’s broader strategy to simplify its operating structure while retaining its valued affiliation with the South African businesses.

M&C Saatchi Plc is a market leading full-service international marketing and communications agency operating in 23 countries, headquartered in London and listed on the London Stock Exchange. The South African Group employs in excess of 350 employees and, post-completion of the transaction, will be the largest independently owned marketing and communications agency in South Africa.

The transaction remains subject to the satisfaction of certain customer regulatory approvals.

Cliffe Dekker Hofmeyr advised the management team and minority shareholders.

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For enquiries, please contact:

Caleb Jones – caleb@bdplaw.co.za

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Andy Alexander

  • LLB at the University of the Western Cape – 2020
  • Commenced Articles of Clerkship in June 2021

 

Andy holds an LLB from the University of the Western Cape. He is currently completing his articles of clerkship at BDP Attorneys under John Smit and Rosshin Rossouw.

Gaenor Michel

  • BA (language and culture) – Stellenbosch University – 2013;
  • BA Hons (philosophy) (cum laude) – Stellenbosch University – 2014;
  • LLB – Stellenbosch University – 2017;
  • MA (philosophy) (cum laude) Stellenbosch University – 2020;
  • Commenced articles of clerkship – November 2020.

Gaenor holds a BA, a BA Hons (cum laude), an LLB and an MA (cum laude) from the University of Stellenbosch. Her MA thesis focussed on wrongful life delictual actions and the ethical desirability thereof. She is currently completing her articles of clerkship at BDP Attorneys under Christo Potgieter and John Smit. Gaenor is also a registered PhD student at Stellenbosch University, working towards a PhD in the field of Bioethics.