City Latest Deals
White & Case is advising troubled oil and gas company Afren on a $300m (£196m) recapitalisation plan that could prove a life raft to the business plagued by expenses scandal, falling share prices and its self-report to the Serious Fraud Office (SFO) in March.
Cleary Gottlieb Steen & Hamilton and Slaughter and May have taken the lead roles on Santander Asset Management’s multi-billion euro merger with Pioneer Investments.
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.
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.