Jones Day Advises Computer Sciences Corporation on Bid for iSOFT Group

SYDNEY, April 6, 2011 /PRNewswire-Asia/ -- The global law firm Jones Day announced today that the Firm has advised Computer Sciences Corporation (CSC) on its proposed acquisition of iSOFT Group Limited, for a total consideration of Australian $437 million ($452 million US). CSC, which is listed on the NYSE and has a market capitalization of approximately US$7.6 billion, is a global leader in providing technology-enabled solutions and services through three primary lines of business. iSOFT Group Limited (ASX: ISF) is the largest health information technology company listed on the Australian Securities Exchange and among the world’s biggest providers of advanced application solutions in modern healthcare economies.

The acquisition will be effected by way of a court sanctioned scheme of arrangement. The consideration comprises A$182 million for the iSOFT equity and A$255 to repay iSOFT’s outstanding debt.

The Jones Day team was led by Chris Ahern and Weyinmi Popo in the Sydney office and comprised, Lucy Woolacott, Jonathan Halliwell and Emma Shelston (Sydney), Bernard Amory and Charles de Navacelle (Brussels), Jonathon Little, Liz Robertson, Ed Nalbantian and Nick Davies (London).

The following press release provides further information.
http://www.csc.com/newsroom/press_releases/62638-csc_enters_into_agreement_to_acquire_isoft_s_global_operations

About Jones Day

Jones Day is a global law firm with more than 2,500 lawyers, including over 400 in Europe and 200 in Asia, located in 32 centers of business and finance throughout the world. Ranked among the world's best and most integrated law firms, and perennially ranked among the best in client service, Jones Day acts as principal outside counsel to, or provides significant legal representation for, more than half of the Fortune Global 500 companies.