Investcorp and Quebecor have in the last week hired lobbying firms
GJW and Lawson Lucas Mendelson to handle their respective rival bids for
printing group Watmoughs.
GJW will work alongside investment bank Investcorp’s financial PR
agency, Lowe Bell Financial, advising on the pounds 250 million bid.
Printing group Quebecor launched its pounds 176 million bid last
December, at which time it appointed Lowe Bell Political. The bid was
cleared by the OFT a few hours before Investcorp announced its rival
bid, which in turn forced Lowe Bell Political to stand down because of
its sister company’s commitment to Investcorp.
LLM will continue where Lowe Bell Political left off.