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.
Davis Polk head of capital markets Richard Sandler and New York-based partner Joe Hall are leading the team advising the underwriters on the deal, which will offer 447.2 million shares priced at between $37 (£18.73) to $42 (£21.26) per share.
Lead banks Goldman Sachs and JP Morgan, as well as Banc of America Securities, Citigroup, HSBC, Merrill Lynch, Pierce, Fenner & Smith, UBS and Wachovia are underwriting the deal.
White & Case New York partners Ward Atterbury, Mark Mandel and Colin Diamond are advising Visa.
Mandel advised Visa on the global restructuring of its operations in Canada, the US and Europe in 2006, which was done in preparation for the IPO. Atterbury advised the group on the reorganisation of its global payment network.
The public will be able to purchase an allotted 406m of the credit card company's shares, while the remaining 40.6m shares have been reserved for the underwriters.
The global transaction incorporates 50 different jurisdictions. Both Davis Polk and White & Case are using a multi-jurisdictional team in offices around the globe.