Knights Group confirms talks with Moore Barlow regarding possible deal

(Alliance News) - Knights Group Holdings PLC on Wednesday confirmed it is in talks with Moore Barlow LLP regarding a potential acquisition.

The Newcastle-under-Lyme, England-based legal and professional services company said it maintains "regular dialogue" with a number of law firms.

The company was responding to recent press speculation regarding a potential acquisition by Knights of Southampton-based law firm Moore Barlow.

Moore Barlow operates from six offices across the south and south-east of England, with bases in Guildford, London, Lymington, Richmond, Woking as well as Southampton.

Knights said its strategy is to build the leading premium, fully collaborative legal and professional services business across the UK regions.

"As part of this strategy, it regularly considers selected value-accretive strategic opportunities with a strong cultural fit and the potential to support future organic growth," it said in a statement.

Shares in Knights Group jumped 14% to 168.80 pence each in London on Wednesday.

Knights added that there "can be no certainty that any transaction will be agreed, nor as to the terms of any such transaction".

By Jeremy Cutler, Alliance News reporter

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