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.
DLA Piper and Hogan Lovells have taken lead roles in a $1.9bn asset swap deal between SABMiller and Turkey’s Anadolu Efes that will create an Eastern European business with combined sales o $3.bn.
SABMiller, advised by a Hogan Lovells team led by London partners Maegen Morrison and Andrew Pearson, has signed a strategic alliance with Anadolu Group to transfer its Russian and Ukrainian beer businesses, which are valued at $1.9bn, to Anadolu Efes, acquiring a 24 per cent stake in the Turkish brewer in return.
The acquirer has instructed Istanbul-based Herguner Bilgen Ozeke to be its Turkish legal counsel with partner Kayra Ucer leading the team.
DLA Piper and Turkish firm YukselKarkinKucuk Attorney Partnership are acting for Anadolu Efes in this transaction. The DLA Piper team is led by London partners David Raff and Philip Woodruff, while YukselKarkinKucuk’s team is headed by partner Ekin Gokkilic.
Anadolu Efes operates in Turkey, Russia, the CIS, Central Asia and the Middle East. The tie-up will see the combined Russia business become the second largest player in the Russian beer market and will strengthen Anadolu Efes’s market positions in Turkey, Kazakhstan, Moldova and Georgia.
The transaction is subject to regulatory approvals, as well as approval from Anadolu Efes’s shareholders, and is expected to complete by the end of the year.
Hogan Lovells is also advising SABMiller on its ongoing bid for Australian brewer Foster’s Group, working alongside Allen & Overy, which is providing Australian advice.
Foster’s is being advised by Australian firm Allens Arthur Robinson.