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.
Ashurst is preparing for a run on its client, property company Countrywide, for the second time in three months, this time from US private equity house Apollo, advised by a Charles Randell-led team at Slaughter and May. Ashurst corporate head Adrian Clark is advising Countrywide alongside corporate partner Robert Ogilvy-Watson and London competition head Nigel Parr. Apollo, through its UK-incorporated company Castle Bidco, has tabled a £1.08bn offer for Countrywide, whose portfolio includes estate agent Bairstow Eves. The offer, structured as a scheme of arrangement, values Countrywide at 590p per share - a 28 per cent premium on Countrywide's share price on 13 September 2006. Apollo's bid follows that of Travers Smith private equity client 3i, which offered 490p per share in cash in December. The word on the street is that Apollo's bid might spark 3i into making another offer.