The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Ashurst’s Swedish strategy has reaped dividends, with the firm landing a key role on the first wave of Swedish government-led privatisations.
The top 15 firm scored instructions from Deutsche Bank and UBS as underwriters to the Swedish government in its E2bn (£1.37bn) disposal of an 8 per cent stake in mobile communications company TeliaSonera, the biggest stock sale in Sweden for five years.
Linklaters, which also has a Stockholm office, represented the government after scoring a place on its panel ahead of the privatisations, which will see Swedish household names such as Nordea Bank and Absolut vodka owner V&S Vin & Sprit up for sale.
Jonas Bergh, founder of the Swedish firm that joined Ashurst in January, told The Lawyer: “We didn’t pitch for the panel because we prefer to be on the buy-side. But having a Swedish office was very instrumental in getting the instruction, which involved a great deal of Swedish law.”
Leading the Ashurst team were Bergh alongside US corporate partners Daniel Bushner and Eric Stuart.
Ashurst has had a strong start in Sweden, acting on the £1.8bn disposal for Apax Partners of Swedish healthcare company Mölnlycke, among others.