The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Heineken and Carlsberg have turned to traditional advisers Allen & Overy (A&O) and Norton Rose respectively to assist in their potential joint hostile takeover of Scottish & Newcastle (S&N).
A&O corporate partners Alan Paul and Alun Eynon-Evans are leading the team acting for Heineken, while Norton Rose M&A partners Andrew Phillips and Philip Mellor are advising Carlsberg.
S&N is likely to turn to usual corporate counsel Linklaters, where corporate partner Matthew Middleditch handles the client relationship.
Heineken and Carlsberg are valuing S&N, the UK’s largest brewer, at around £7.2bn. The Danish brewer Carlsberg is understood to want to get its hands on S&N’s Russian and eastern European operations, which it currently co-owns with S&N, and its Greek and French arms, while Dutch company Heineken reportedly wants to bag the rest.
Heineken, Carlsberg and S&N are Europe’s third, fourth and fifth largest brewers and the carve-up is expected to dodge competition law issues.
No formal approach has been made to date but S&N’s share price rose by as much as 22 per cent today (18 October).
Linklaters, A&O and Norton Rose declined to comment.