Addleshaws, Hogan Lovells, Links lead as Lloyds sells pub group to PE house
Addleshaw Goddard, Hogan Lovells and Linklaters all had roles on US private equity house Cerberus Capital Management’s £200m acquisition of pub group Admiral Taverns from Lloyds Banking Group. Lloyds took control of Admiral – which has some 1,100 pubs in its portfolio – in 2009, as part of a restructuring that involved a debt-for-equity swap. […]