Shearman & Sterling advised RedWhiteBlue Digital Marketing Services Holdings Ltd, a vehicle indirectly owned and controlled by investment funds controlled and managed by DBAY Advisors Limited, on its announced £75.8 million cash offer for Creston plc. The acquisition will be implemented by way of a scheme of arrangement.
DBAY is a regulated investment manager licensed to conduct investment business by the Isle of Man Financial Services Authority. Creston is a marketing communications group delivering a range of digital marketing solutions to blue-chip global clients.
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