City Latest Deals
Weil Gotshal & Manges and McDermott Will & Emery have acted on the Barclay brothers’ sale of Claridges, the Berkeley and the Connaught to Qatar-owned Constellation Hotels, ending years of litigation concerning the ownership of the hotels.
Addleshaw Goddard has advised longstanding Linklaters’ client Tate & Lyle on a company-wide restructuring including the sale of three corn wet mills in Europe to its partner, US company Archer Daniels Midland.
Paul Hastings, Norton Rose Fulbright and Ropes & Gray are among five firms providing advice on the acquisition of entertainment production company Cirque Du Soleil by a conglomerate of investors.
Berwin Leighton Paisner (BLP) has advised Round Hill Capital on the £600m sale of its Nido student accommodation real estate portfolio to Greystar Real Estate Partners, represented by Jones Day.
Permira has turned to longstanding adviser Clifford Chance and Skadden Arps Slate Meagher & Flom on the sale of Iglo, the frozen food maker behind Birds Eye, to Nomad Foods for €2.6bn (£1.87bn).
Allen & Overy (A&O), Linklaters and Slaughter and May have picked up the leading roles in Virgin Group and CVC Capital Partners’ sale of 80 per cent of its stake in Virgin Active to South Africa’s Brait for £682m.
Qatar has added some prime hotel real estate to its London-based portfolio through the acquisition of Barclay brothers’ shares in emblematic London hotel Claridges, the Berkeley and the Connaught.
Stephenson Harwood has made up five new partners in its latest promotions round, all of which are based in London.