City Latest Deals
Ashurst and Slaughter and May have advised on the $30bn (£20.8bn) sale of RBS’ private banking and wealth management business Coutts International to Union Bancaire Privée.
Ecotricity has turned to Wragge Lawrence Graham & Co for its £68m strategic financing deal with Aviva.
Cravath Swaine & Moore, Kirkland & Ellis and Sullivan & Cromwell have won the lead roles on the multi-billion dollar merger of food giants Kraft and Heinz.
Cleary Gottlieb Steen & Hamilton and Milbank Tweed Hadley & McCloy have advised on Asia’s largest bond offering so far this year, the $5bn (£3.3bn) bond offering by state-owned Malaysian company Petronas.
Allen & Overy (A&O), Linklaters and Herbert Smith Freehills (HSF) were drafted in to advise on the £1.7bn sale of TSB, Britain’s seventh-biggest bank, to Spanish bank Banco Sabadell, which was accepted this morning (20 March 2015).
Linklaters and Milbank Tweed Hadley & McCloy have advised on the bumper €6.6bn (£4.8bn) sale of Swedish electricity company Fortum Distribution to a consortium of investors.
Coutts International, RBS’ private banking and wealth branch in Europe and Asia, is no longer in British hands. The bank sold its international assets valued at around $30bn to Swiss bank Union Bancaire Privée last week as part of its strategy to focus more on the UK market.