Clifford Chance

Clifford Chance advises Imagination Technologies Group PLC on its takeover offer by Canyon Bridge

Clifford Chance has advised Imagination Technologies Group PLC (Imagination), an independent IP licensing business, in respect of a Takeover Code-governed offer for Imagination by a subsidiary of funds managed by Canyon Bridge Capital Partners, LLC (the Offer).

Clifford Chance has also advised Imagination in respect of the sale of its MIPS division to Tallwood MIPS, Inc. (a wholly owned subsidiary of Tallwood Venture Capital); a class 2 transaction under the Listing Rules and which was announced simultaneously with the Offer.

The Clifford Chance team advising Imagination is being co-led by London M&A partners Lee Coney and Katherine Moir, supported by M&A partner Joe Cosentino in New York, intellectual property partner Vanessa Marsland, and competition partners Jenine Hulsmann and Timothy Cornell.