Trio takes on £1bn Lucite acquisition

Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn M&A deal as ­Mitsubishi Rayon swoops on UK chemicals company Lucite.

Hammonds corporate partners James McKay and Mark Robson acted for the seller, private equity company Charterhouse.

Paul Weiss acted for existing client Mitsubishi Rayon and drafted in Macfarlanes in the UK.

Paul Weiss corporate ­partners Toby Myerson and Tarun Stewart worked alongside Matthew Blows and John Dodsworth of Macfarlanes.