US giants dominate on stationary office sale

Any dispute over the influence of US firms on UK-based deals has been quashed following the sale of UK company The Stationary Office, the publisher of Hansard and The Highway Code, to Williams Lea Group. A swathe of US firms was instructed on the deal, which is expected to complete within seven weeks and which saw UK company Williams Lea, a unit of Deutsche Post, acquire The Stationary Office from Apax Partners for £130m. Cleary Gottlieb Steen & Hamilton advised Williams Lee, New York rival Weil Gotshal & Manges, led by London partner Mark Soundy, advised Apax, while McDermott Will & Emery, led by London corporate head William Charnley, was instructed by The Stationary Office.