O’Briens has advised independent directors on the PGK250 million unsolicited bid by Bank South Pacific for Credit Corporation’s finance business in Papua New Guinea, Solomon Islands, Fiji and Vanuatu.
POMSoX listed Credit Corporation operates a finance, investment and real estate development business and is a noteable shareholder in Bank South Pacific.
Ashurst act as counsel for Bank South Pacific on the proposed deal.
O’Briens team was led by Michael Goodwin.
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