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.
Allen & Overy (Jeremy Parr) is representing Imperial Tobacco Group on its €558m (£384.6m) acquisition of the remaining shares in Reemtsma Cigarettenfabriken GmbH from Tchibo Holding AG. The deal takes Imperial Tobacco’s shareholding in Reemtsma to 99.2 per cent.
Herbert Smith (Greg Mulley, Jim Wickenden) is advising BP on the sale of its 2 per cent stake in the equity share capital of PetroChina Company for HK$13bn (£927m) by way of an accelerated bookbuilt placing on public markets.
Herbert Smith (Anthony Macaulay) advised Lazard on its acquisition of Panmure Gordon, the London-based stockbroker, from WestLB. Allen & Overy (Eileen Kelliher) acted for WestLB.
Speechly Bircham (Jane Henry) advised Ashtead Group on the disposal of its Irish business for £12.1m. The sale comprised Ashtead’s 15 plant hire outlets across the Republic of Ireland and Northern Ireland. Arthur Cox acted for the purchaser, McCormick MacNaughton.
Pinsents (Paul Harkin) acted on the £61.5m secondary buyout of Dennis Eagle, the UK manufacturer of garbage trucks. The deal, which sees the exit of UK buyout group Bridgepoint Capital, was backed by ABN Amro Capital. CMS Cameron McKenna represented ABN Amro Capital.
Clifford Chance (James Baird) represented OAO SeverStal on its bid in the privatisation tender for the sale of Hungarian state-owned DUNAFERR Steel Producing Co. The deal was valued at €250m (£172.3m).
Linklaters (Paul Van Hooghten, Jeremy Parr) acted for Dixon Group in the sale of its European property development business to management and a group of investors. The deal was completed by way of €33m (£22.7m) cash and €42m (£28.9m) debt in consideration. Wilkie Farr & Gallagher advised the management, while new Belgian firm Simont Braun (Sabine Hirsch) advised the purchasing investors.