Press Releases
ThinkEquity acts for Oxonica in strategic agreement with BD
LONDON & SAN FRANCISCO, 18 September 2008 — ThinkEquity LLC, the growth-focused US investment banking subsidiary of Panmure Gordon & Co, is pleased to announce that it has acted as exclusive financial adviser to nanomaterials group Oxonica plc (OXN.L) on a strategic agreement with US medical technology firm Becton, Dickinson & Co (BD)
Under the deal, BD will acquire the patents for Oxonica's Nanoplex(TM) technology.
Group chief executive, Tim Linacre, said: "This transaction demonstrates the Panmure Gordon Group's ability to leverage its UK and US expertise to deliver effective cross-border solutions for our clients.
President and head of investment banking at ThinkEquity, Deborah Quazzo, said: "Our London and San Francisco offices have worked together to match the intellectual property of a long-term UK client to US capital, resulting in an excellent outcome for both Oxonica and BD," she said.
Panmure Gordon & Co acts as financial adviser, nominated adviser and broker to Oxonica plc in the UK.
Further information:
US:
Deborah Quazzo
President & Head of Investment Banking, ThinkEquity
Tel: +1 312 201 3101
UK:
Nathaniel Webb
Global Communications Manager, Panmure Gordon & Co
Tel: +44 20 7614 8333
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com