Image of Richard Hough

Richard Hough

Partner

Richard has over 30 years' experience advising companies and financial institutions on a wide range of corporate transactions, including public takeovers, private company acquisitions and disposals, joint ventures and capital raisings. 
His clients include FTSE plcs and large international corporations, and his work is often cross-border in nature. Earlier in his career, he spent two years on secondment at the Takeover Panel as a senior member of the Panel Executive.

Experience

Representative matters

  • Cisco Systems on the GBP543m recommended cash offer for IMImobile.
  • River & Mercantile Group on the recommended all share offer from AssetCo.
  • A consortium of funds managed by Dalmore Capital and Equitix on a recommended GBP1.45bn cash offer for John Laing Infrastructure Fund.
  • Charterhouse on its USD710m cash bid for Tarsus Group.
  • Consort Medical on the GBP505m recommended offer by Recipharm.
  • Universities Superannuation Scheme on its GBP504m cash offer for KCOM Group.
  • Loxam SAS on its GBP460m takeover of Lavendon Group.
  • Sky on its takeovers of Easynet and Amstrad, as well as its investment in ITV.
  • De Persgroep on its takeover of Mecom Group.
  • TUI AG on its all-share merger with TUI Travel.
  • SSL International on its GBP2.54bn takeover by Reckitt Benckiser.
  • The Glazer Family on its hostile takeover of Manchester United.
  • A Chinese financial institution on an approach to a UK challenger bank.
  • Huawei on its equity investment in Vision Semantics Limited, a UK developer of intelligent video analytics solutions.
  • Huawei on the acquisition of the UK-based Internet of Things firm Neul Limited.
  • Asahi Group Holdings on its EUR2.55bn acquisition of Peroni, Grolsch and Meantime.
  • Asahi Group Holdings on its EUR7.3bn acquisition of the former SABMiller businesses and operations in the Czech Republic, Poland, Slovakia, Hungary and Romania from AB InBev.

Published Work

  • Continuing Obligations, chapter in The Practitioners' Guide to the FSA Listing Rules.

Leadership Positions And Professional Affiliations

  • Member, Takeovers Joint Working Party of the City of London Law Society Company
  • Chairman, City & Financial conference on The Takeover Code

Recognition

I find him very calm, extremely knowledgeable and with very good client skills. His style is very adaptive.
Chambers UK 2021

Qualifications

Admissions

Admitted as solicitor, England and Wales, 1992

Academic

BA, St Hild & St Bede College, Durham University, 1988

Languages

English
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.