Yankees doing dandy on FTSE

Those pesky US firms have landed yet more coveted spots on FTSE takeover attempts.

Those pesky US firms have landed yet more coveted spots on FTSE takeover attempts.

Weil Gotshal & Manges turned some heads earlier this year with its role for Terra Firma on the attempted acquisition of Boots, and then again on the bid for EMI.

As if to underline the point that US firms are now routinely regarded as part of an acquisition armoury, Skadden has got in the act. Skadden has been pretty good at getting on the M&A tables, but has tended to be less visible on the truly high-profile FTSE deals.

But as we report today, Skadden London corporate partner Adrian Knight is advising Qatari investment fund Delta Two on its bid for Sainsbury’s.

What’s more, Knight’s former colleagues at Shearman & Sterling are acting for Delta Two’s financial adviser Credit Suisse.

It’s almost like keeping it in the family.