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Akin Advises Jacobs in Acquisition of Remaining Stake in PA Consulting

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(London) – Akin advised Jacobs (NYSE: J) in its agreement to acquire the remaining shares in PA Consulting which it does not already own. The transaction values PA Consulting at an enterprise value of £3.05 billion. Under the terms of the agreement, Jacobs will pay upfront consideration of approximately £1.216 billion as well as £75 million of deferred consideration, expected to be paid in Jacobs shares valued on the second anniversary of closing.

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