News, Deals & Awards

International law firm Ashurst is advising global leading education provider Navitas Limited ('Navitas') on a A$2 billion indicative proposal from a consortium led by BGH Capital Pty Ltd, and including AustralianSuper Pty Ltd, as trustee for AustralianSuper, and Mr Rodney Jones, a non-executive director and founding shareholder of Navitas.

The PDF server is offline. Please try after sometime.

Navitas, which offers an extensive range of educational services, received an unsolicited non-binding conditional proposal from the consortium to acquire 100 per cent of the shares in the company, by way of a scheme of arrangement, at A$5.50 per share in cash.

The indicative proposal also contemplates an alternative such that shareholders could receive consideration of A$2.75 cash per share and one ordinary share in a newly formed unlisted company (that will initially own Navitas) for every two shares held in Navitas.

Given Mr Jones's interest and involvement in the consortium, Navitas is putting in place formal protocols in relation to Mr Jones's access to information, employees, and attendance at board meetings.

The Ashurst team is being led by partners Roger Davies and Antonella Pacitti, assisted by senior associate Rowan Krasnoff and lawyer Jacob Carmody.

Key Contacts

We bring together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice our clients need.

Keep up to date

Sign up to receive the latest legal developments, insights and news from Ashurst.  By signing up, you agree to receive commercial messages from us.  You may unsubscribe at any time.

Sign up
Get Started

        Forgot Password - Ashurst Account

        If you have forgotten your password, you can request a new one here.


        Forgot password? Please contact your relationship manager to find out more about our client portal.
        Ashurst Loader