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Noerr and Schima Mayer Starlinger Among Firms Advising on Merger Clearance for Icon's Acquisition of PRA Health Sciences

Noerr and Schima Mayer Starlinger Among Firms Advising on Merger Clearance for Icon's Acquisition of PRA Health Sciences

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Noerr has advised Irish clinical research company Icon Plc on EU merger clearance for its acquisition of PRA Health Sciences. Schima Mayer Starlinger advised Icon on Austrian law, while A&L Goodbody, Cahill Gordon & Reindel, Macfarlanes, Darrois Villey Maillot Brochier, and Gianni & Origoni advised on Irish, US, UK, French, and Italian law, respectively. 

According to Noerr, “the purchase price is approximately USD 12 billion. For the acquisition, Icon has offered PRA shareholders USD 80 per share and 0.4125 Icon shares.” According to the firm, “the takeover makes Icon one of the world’s leading providers among clinical research organizations.”

Noerr’s team included Budapest-based Partners Edina Schweizer and Joerg Menzer, Moscow-based Associated Partner Stefan Weber and Senior Associate Artem Kara, Brussels-based Co-Managing Partner Jens Peter Schmidt and Senior Associate Philipp Studt, and Frankfurt-based Partner Fabian Badtke and Associate Sascha Giller.

Schima Mayer Starlinger’s team included Partners Christian Mayer and Moritz Am Ende and Associate Elisabeth Wielinger.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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