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| 1 minute read

I'd never bought a bank during a pandemic before - there's always a first time I guess!

I haven't really been active in my writing over the last few weeks. On the one hand, we were coming to terms with the preparations being put in place for the lockdown we have here in Gibraltar. On the other, there didn't seem to be much material out there to draw on that was not COVID-19 related. Plus....we had a transaction to complete!

So I am delighted to come back onto the scene again with a spot of good news for our jurisdiction, and for our firm. I had the tremendous opportunity of leading the Hassans' team that acted for Rooke Investments Limited in its acquisition of Jyske Bank Gibraltar. A resounding success for our client, and exciting, positive news for Gibraltar as we brace ourselves for life-after-COVID.

My quote below says it all - our talented, hard-working, experienced and expert team spared no effort to get this transaction over the line. To do so with all the restrictions in place was an extra achievement.

Well done to Rooke Investments. And to TNBank. And also to all my colleagues. We did good!

Ian Felice, Partner leading on the transaction, commented: "It was an absolute pleasure to assist with this transaction. I am truly delighted that, through massive effort, co-ordination and team-work, we managed to push this across the line. That we were able to do this in the context of a global pandemic, with the restrictions that has placed on our ability to work 'as usual', is a tremendous feat. Our congratulations to Rooke on its acquisition, as well as to TNBank and the whole team. In the current climate, positive business news of this type will give confidence to everyone that better financial times will lie ahead."

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