Freshfields Bruckhaus Deringer and Allen & Overy have landed advisory roles on the sale of AB InBev’s Australian business to fellow brewing giant Asahi. Freshfields partners Alison Smith and Bruce Embley advised AB InBev on the corporate aspects of the sale of Carlton & United, its Australian business unit, to Japanese brewer Asahi for a […]
Allen & Overy and Addleshaw Goddard are acting on the £210m sale of BT’s iconic HQ overlooking St Paul’s Cathedral to Orion Capital Managers. The deal, part of a major cost-cutting drive, includes an initial leaseback agreement of 30 months during which time the former telecom monopoly will move its HQ to a new London […]
A raft of firms including Addleshaw Goddard, DLA Piper, Weil Gotshal & Manges and Debevoise & Plimpton have scored roles on Actis’s acquisition of stakes in the Middle East’s former biggest buyout firm, Abraaj. Following Albraaj’s filing for provisional liquidation in the Cayman Islands in June 2018, it underwent a complicated unwinding process after a […]
Clifford Chance is among the firms advising as Chinese conglomerate Fosun confirms its proposed rescue bid for airline Thomas Cook. The deal would see investment company Fosun inject £750m into Thomas Cook as part of a proposed recapitalisation and separation of the group. Corporate partner Tim Lewis and finance partner David Towers led from Clifford Chance […]
Acting for UK corporates is the biggest challenge for US outfits in the City, but for the meantime, they’re not breaking out of their lucrative PE bubble. This is in spite of firms such as White & Case and Latham & Watkins going out into the market and hiring big-name magic circle stars from public […]
Allen & Overy, Paul Hastings and Weil Gotshal & Manges have scored lead roles on the latest private equity acquisition of a UK company, advising on the sale of data research business Kantar to private equity group Bain Capital. The US private equity group has bought 60 percent of shares in the market research company, […]
Latham & Watkins is representing Virgin Galactic on its merger deal that will see it become the first publically traded spaceflight company. US-based partners at Latham have been advising the Virgin Group on the tie-up with Social Capital Hedosophia. The deal has been led by New York corporate partner Justin Hamill, partner Josh Dubofsky, who […]
Having settled its landmark Brexit dispute, the European Medicines Agency is leasing its Canary Wharf office to WeWork, with firms such as Clifford Chance and Addleshaw Goddard advising.
Dentons is advising Network Rail on its bid for the railway business of British Steel, a month after the UK steel producer collapsed into liquidation.
FTSE 100 advertising company WPP has called on longstanding adviser Allen & Overy for the sale of its communications business Chime Group to Providence Equity Partners. A&O private equity partner Karan Dinamani led for WPP, which has decided to part ways with Chime Group having taken on a minority shareholding in the business in 2015. […]
Clifford Chance, Slaughter and May, Kirkland & Ellis, Latham & Watkins and Ashurst are acting on the £4.8bn acquisition of Merlin Entertainments by a private equity consortium. The mega deal sees the five firms rally on the take private, which sees Merlin snapped up by a consortium made up of KIRKBI, the investment vehicle of […]
Slaughter and May and Freshfields Bruckhaus Deringer have led in Legal & General’s (L&G) £4bn house-building partnership with the University of Oxford. Slaughters corporate and finance partners Guy O’Keefe and Harry Bacon spearheaded the deal for longstanding client L&G, in its latest bid to tap into the rapidly expanding market of student accommodation. The financial […]
