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.
Freshfields Bruckhaus Deringer has cemented its ties with Eircom, acting for the Irish telecoms company, which is the target of a potential EUR2.36bn (£1.63bn) takeover offer from Australian investment group Babcock & Brown.
After stalking Ireland's largest telephone company for almost six months, Babcock & Brown made a formal approach to Eircom last week.
Eircom has since given Babcock & Brown the go-ahead to examine its books with a view to mounting a bid.
Freshfields corporate partners David Sonter and Stephen Hewes and US corporate partner Don Guiney are leading the team for longstanding client Eircom.
Linklaters M&A partner Nick Rees is acting for Babcock & Brown Capital, a listed investment fund managed by the Australian financial services company.
Babcock & Brown, which has built up a stake of 28.8 per cent in Eircom, is working alongside Eircom's Employee Share Ownership Trust (ESOT), which controls a further 21.8 per cent, to offer EUR2.20 per share for the remaining shares in the company.
Freshfields' relationship with Eircom stretches back to 2001, acting for the company on a number of high-profile transactions including its IPO in 2004 as well as its EUR420m acquisition of mobile operator Meteor. Sonter and Hewes also advised Eircom when it received a EUR2bn offer from Swisscom in November last year.
Likewise Linklaters has previously acted for Babcock & Brown on deals including its EUR100m acquisition of Czech Republic-based company Galerie Butovice last year.