The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Linklaters and Travers Smith scored lead roles on the latest infrastructure deal, acting on ports owner Peel Group's disposal of a significant stake to RREEF. Peel is understood to be valued at £1.6bn.
The auction, involving Peel's sale of a 49 per cent stake, saw RREEF, an infrastructure fund controlled by Deutsche Bank, defend a bid from acquisitive Australian bank Macquarie.
Macquarie has been increasingly interested in UK infrastructure of late, winning the auction for Thames Water for £7.8bn in October.
The Peel disposal is the latest in a string of infrastructure deals that has generated huge interest from pension funds and private equity groups seeking secure but steady returns.
Canadian Pension Plan and private equity group 3i are also understood to have been in the running.
Peel, which owns Mersey Docks and the Manchester Ship Canal, is a longstanding Travers client and was advised by head of corporate finance Spencer Summerfield and corporate finance partner Philip Cheveley. In June 2005 the firm acted on Peel's buyout of Mersey Docks for £800m.
At Linklaters, head of the infrastructure team Ian Andrews and private equity partner Richard Youle led the team for RREEF.
Peel Ports is owned by property magnate John Whittaker through his business conglomerate Peel Holdings, which has £3bn worth of assets, including Liverpool's John Lennon Airport. The company was taken private in 2004.