Global law firm Ashurst is advising Jefferies International Limited on the £291.7 million takeover of H&T Group PLC ('H&T') by Chess Bidco Limited, a newly formed company indirectly owned by FirstCash Holdings, Inc. ('FirstCash').
FirstCash is a leading international operator of over 3,000 retail pawn stores in the United States and Latin America. The proposed acquisition of H&T, the leading operator of pawn stores in the United Kingdom, expands FirstCash’s geographic footprint into a new market, and will create the largest publicly traded pawn platform in the United States, Latin America and the United Kingdom.
The Ashurst team is being led by corporate partner James Fletcher and global loans partner Tim Rennie, supported by associates Sandile Sibiya and Matthew O'Regan.
