The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
New York’s junior market Nasdaq has turned to trusted advisers Skadden Arps Slate Meagher & Flom to guide it through its $3.7bn offer for Nordic stock exchange operator OMX.
Skadden and Swedish firm Cederqvist are advising Nasdaq on its approach. Allen & Overy (A&O) also played a role. It was Skadden and A&O that teamed up to advise Nasdaq on its second frustrated attempt to take over the London Stock Exchange (LSE) earlier this year.
OMX has instructed Cleary Gottlieb Steen & Hamilton on the approach, with Swedish independent Vinge advising on local issues.
New York firm Cahill Gordon & Reindel scooped a role advising Bank of America and JP Morgan Chase in committing $3.5bn for the financing of Nasdaq’s bid.
If the deal is successful, the combined company will be called Nasdaq OMX and will be vauled at around $7bn, with headquarters in New York.
The Swedish government owns around 6 per cent of OMX, one of a raft of Swedish household companies it intended to privatise this year. Linklaters has scored a place on the panel of firms advising on those privatisations.
No decision will be made on the Nasdaq approach until the Swedish government discusses privatisations on 20 June.