Herbert Smith Freehills and Kirkland & Ellis bagged roles on WHSmith’s latest expansion into the US market, as the company bought another stateside retailer that caters to airports and resorts. The Marshall Retail Group, advised by Kirkland, was acquired by the UK company for $400m (£312m). The Kirkland team was led by Los Angeles corporate […]
Pinsent Masons and Bryan Cave Leighton Paisner have acted on a land purchase deal at the heart of the Ebbsfleet Garden City development.
Latham & Watkins has advised special effects company DNEG on its anticipated IPO on the London Stock Exchange. DNEG hopes to raise £150m in new shares to fund company growth and reduce its net debt through the listing. The visual effects entity published its registration document today, which was approved by the FCA. The team […]
Aberdeen-headquartered Eland is to be acquired by fellow oil and gas company Seplat, with firms including White & Case and Mayer Brown wining core roles. White & Case partners Allan Taylor, Mukund Dhar and Philip Broke won the mandate for the buyer Seplat, a Nigerian upstream exploration and production company. White & Case partner Ben […]
Kirkland & Ellis and Slaughter and May have landed roles in the latest take-private of a UK company by a US private equity house, as UK cyber security company Sophos is sold for over £3bn. Kirkland acted for the buyers Thoma Bravo, which revealed it would acquire Sophos for £3.1bn. The team at the US […]
White & Case’s London office is representing the African Export-Import Bank on its intention to float on the London Stock Exchange, despite a reluctance of corporates to list pre-Brexit. Partners Melissa Butler, Inigo Esteve and Guy Potel are working with the financial institution, known as Afreximbank, which posted its registration document this week. US-qualified securities […]
A Newcastle-based firm has gained a role in the latest Thomas Cook development, as 555 stores previously owned by the company look set to be acquired by a Sunderland-based travel agent. Muckle has advised Hays Travel on the acquisition of the stores around the UK, which will also include the incorporation of previous Thomas Cook […]
Clifford Chance and Linklaters have bagged roles on a deal that sees Cellnex Telecom, the largest infrastructure operator for wireless telecommunication in Europe, buying Arqiva’s telecoms towers business. The co-head of Clifford Chance’s corporate practice in London Melissa Fogarty and corporate partner Joel Ziff led for the magic circle firm, alongside associates Adam Dalton and […]
Shearman & Sterling and Gunderson Dettmer took the lead advisory roles as Vice Media revealed its plans to acquire counterpart media company Refinery29. Vice, which is known for its reporting of issues that are not tackled in the mainstream media, acquired the online publisher Refinery29 which mostly targets female audiences. The combined value of the […]
Shoosmiths has seen through the company voluntary arrangement (CVA) of London healthy eating chain Abokado. Abokado suffered a sharp reduction in sales over 2019 and also blamed a sophisticated “bank fraud” that robbed it of much of its working capital, forcing it to launch a CVA earlier in September. Restructuring and insolvency partner James Keates […]
Simpson Thacher & Bartlett has advised Blackstone on the launch of a £7.1bn (€8bn) pan-European last mile logistics company called Mileway. Corporate partner and The Lawyer Hot 100 2018 Wheatly Macnamara led for longstanding client Blackstone, alongside partner Tom Lloyd on the financing side. Headquartered in Amsterdam, Mileway is the largest owner of last mile […]
Weil Gotshal & Manges has been brought onto the management buy-out of UK paper business Arjowiggins Creative Papers, which has been manufacturing paper since the 18th century. Weil advised FRP Advisory as administrators on the sale of Arjowiggins’ business, which is spread across Aberdeen, Chartham (Kent) and Basingstoke, to management. The Weil team was led […]
