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Saughter and May is acting for the independent directors of Arsenal Holdings PLC in connection with the all-cash offer by KSE, UK, Inc. for the shares of Arsenal not already owned by KSE Arsenal Holdings PLC in connection with the all-cash offer by KSE, UK, Inc. for the shares of Arsenal not already owned by KSE Saughter and May is advising Countrywide plc on its capital refinancing plan Countrywide plc (‘Countrywide’) on its capital refinancing plan (‘Capital Refinancing Plan’) Saughter and May advised the Kuwait Foreign Petroleum Exploration Company in relation to its new US$1,100,000,000 credit facility Kuwait Foreign Petroleum Exploration Company K.S.C. in relation to its new US$1,100,000,000 credit facility Saughter and May is advising Glenveagh Properties PLC in connection with its firm placing and placing and open offer Glenveagh Properties PLC in connection with its firm placing and placing and open offer Saughter and May advised Marks & Spencer on the launch of Founders Factory Retail Marks & Spencer on the launch of Founders Factory Retail Saughter and May advised Alibaba on its cornerstone investment in E-House Alibaba on its cornerstone investment in E-House Saughter and May advised Aviva on the update of its £7 billion Euro Note Programme Aviva on the update of its £7 billion Euro Note Programme Saughter and May advised Pollen Street Capital on its new London HQ Pollen Street Capital on its new London HQ Saughter and May advised Arm on the establishment of a joint venture for Arm’s semiconductor technology in China Arm on the establishment of a joint venture for Arm’s semiconductor technology in China Saughter and May advised NewDay Cards on its first US dollar and 144A debt issue under credit card master trust securitisation Pollen Street Capital on its new London HQ