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.
Clifford Chance secured storage company Safestore's IPO and admission to the main list, with corporate finance partner Iain Hunter leading. Safestore raised £209m and said it plans to use £35m for further growth.
Citigroup, with Merrill Lynch, were joint global coordinators and joint bookrunners, with Citigroup appointed as sole sponsor. Ashurst advised the banks, with corporate partner Nicholas Holmes leading.
The offer comprised 72.4 million ordinary shares and 14.9 million new shares sold at 240p a share. It represents a £150m return for Bridgepoint, Safestore's private equity owner, after it invested £40m in a management buyout in 2003. Bridgepoint will now sell half of its 81 per cent stake.