A&O, slaughters win bank takeover roles

Slaughter and May and Allen & Overy (A&O) have bagged lead roles on Banco Santander’s £1.25bn recommended offer for Alliance & Leicester. Slaughters corporate head Frances Murphy is leading the advice for Santander as part of an integrated team that includes Uría Menéndez in Spain and Davis Polk & Wardwell in the US. A&O corporate partner Mark Wippell is leading the team advising Alliance & Leicester.