Fri, 24 May 2013
Exploit the power of digital with The Lawyer Acumen
The Lawyer Acumen is a comprehensive online resource giving everyone in the legal market real-time business intelligence on the sector.
26 June 2006
19 June 2006
10 July 2006
16 April 2007
22 April 2008
12 May 2008
Shearman & Sterling and Clifford Chance have bagged the key roles on the €16bn (£10.97bn) merger of Nokia and Siemens' network businesses.
The two companies will form a 50-50 joint venture called Nokia Siemens Networks, with predicted sales of E16bn and cost savings of €1.5bn (£1.03bn) a year by 2010.
The new company will employ 60,000 people and is expected to be up and running by January next year.
Simon Beresford-Wylie, executive vice-president and general manager of networks at Nokia, will be chief executive officer of the new company.
London M&A partner Jonathan Coppin is leading the Shearman team advising Nokia, which includes partners Iain Scoon and Ian Nisse in London and partners Georg Jaeger and Heino Rück in Mannheim.
Clifford Chance partners Peter Charlton and Joel Ziff are advising the Siemens in-house legal team.
Dr Lutz Englisch, head of the M&A transaction group at Siemens, and Nokia general counsel Carl Belding, along with M&A director Susanne Mattsson, are the key in-house lawyers on the transaction.
Faith Dickson of Sackers is providing pensions advice. No lawyer could be contacted before going to press.
View All Related Briefings
Subscribe to The Lawyer today and get all the latest news stories, both domestic and global, and analysis of the legal sector.
A subscription includes:
The latest legal news, opinion, analysis, jobs and events. Wherever you are, whenever you need it.
Let us help you with an integrated approach to mobile and online advertising.
Site powered by Webvision