The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
This is the first deal the London office of White & Case has closed for CIBC World Markets. Head of bank finance Maurice Allen scooped the deal through existing relationships with individuals in the bank's leveraged finance group. Executive director of leveraged finance Europe at CIBC Jonathan Rowland, who used to be at Barclays, had worked with Allen before.
Under the terms of the deal, Apax will acquire Enterprise for euro516m (£325.3m), comprised of euro310m (£195.5m) senior debt facility, a euro100m (£63m) mezzanine debt facility and a euro106m (£66.8m) equity tranche.
Rowland says he chose White & Case for the deal because the leveraged buyout was geared towards the telecommunications sector and covered 18 different countries.
White & Case pulled in its offices in Italy, Brazil, Belgium and Stockholm to work on the deal, and Allen worked closely with European head of intellectual property David Llewelyn and London-based US partner Mike Goetz.