Arnold & Porter Advises Armour Group plc on Acquisition of OneView Commerce Inc and Its AIM Admission
LONDON, March 17, 2016 - Arnold & Porter LLP’s London office recently advised Armour Group plc on its purchase of software company OneView Commerce, Inc. for approximately £15.3m and on its admission to trading on AIM. Admission is expected to take place later this month.
The cross-border acquisition of OneView, which is based in the US, constituted a reverse takeover under Rule 14 of the AIM Rules. The transaction also involved the purchase by Armour of 22m existing shares under a tender offer and the disposal of Armour’s interest in Q Acoustics.