Siemens snubs CC as Cleary wins Alstom deal
Cleary Gottlieb has elbowed aside Clifford Chance Pünder to advise Siemens on its E1.1bn (£767.9m) acquisition of Alstom’s industrial turbine business. This is the first corporate deal in which Cleary Gottlieb has advised Siemens, having previously advised it on antitrust issues. A Clifford Chance partner shrugged off the snub by such an important client, saying […]