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.
Freshfields Bruckhaus Deringer and Linklaters advised on the latest infrastructure deal that saw private equity house Terra Firma sell a 50 per cent stake in a German motorway service station operator to Deutsche Bank's infrastructure arm.
Corporate partner David Higgins at Freshfields advised RREEF, the US infrastructure division of Deutsche Bank, on the sale of Tank & Rast, for which financial details have not been disclosed, but which reports suggest was in the region of €1.2bn (£810m). Finance partner Neil Falconer advised on the debt.
"It's all part of our continuing focus on infrastructure," said Higgins.
Meanwhile, private equity partners Richard Youle and Charlie Jacobs at Linklaters consolidated the magic circle firm's relationship with Guy Hands' private equity house Terra Firma. Corporate partners Peter Erbacher and Ralph Drebes also worked on the deal.
Linklaters has longstanding ties to Terra Firma and advised on the original fund formation, but has not advised on the sell side for some time.
Traditionally the relationship with Terra Firma at Linklaters was managed by private equity partner Raymond McKeeve, who moved with fellow partner Graham White to US firm Kirkland & Ellis last year.