Deals

Care Homes

Ashurst leads in CareTech’s £870m take-private deal

Social care provider CareTech has been sold to a consortium, advised by Ashurst, in an £870m deal. Ashurst chair Karen Davies led the team representing Amalfi Bidco, a newly-formed company indirectly owned by Sheikh Holdings Group (Investments), Belgravia Investments and Kensington Capital, and funds managed and advised by THCP Advisory. Davies was supported by fellow […]

City duo seal £5bn real estate merger

Two City firms took the leading roles on a merger of London’s west end landlords, advising on the creation of a newly-minted property portfolio which is being valued at around £5bn. The Lawyer has learned that Hogan Lovells was on hand for Shaftesbury, and was spearheaded by corporate partners Nicola Evans and Anthony Doolittle. Herbert […]

London bus

HSF leads for Go-Ahead in £648m sale

Transport provider Go-Ahead, which provides bus and rail services across the UK, is to be sold in a deal valued at nearly £648m. Herbert Smith Freehills has secured the mandate from client Go-Ahead, with partners Stephen Wilkinson and Caroline Rae at the helm, along with lead senior associate Charles Steward. Linklaters meanwhile is representing the […]

Gherkin Kirkland

Kirkland and Freshfields score mandates on Boots bid

Kirkland & Ellis, Allen & Overy and Freshfields Bruckhaus Deringer are the law firms to have landed roles on a bid by a consortium made up of Apollo and Ambani’s Reliance Industries for retailer Boots. Under the offer, it is expected that its holding company Walgreens Boots Alliance will keep a minority stake. Since the […]

Tullow Oil

Corporate trio win roles on £1.4bn Tullow-Capricorn merger

Herbert Smith Freehills, Slaughter and May and Shepherd & Wedderburn are the law firms that have won roles on the merger of London-listed Tullow Oil and Edinburgh-based Capricorn Energy to create a new Africa-focused oil and gas company. The newly-minted company is expected to be valued at £1.4bn. Shareholders in Capricorn will own 47 per […]

missguided

DWF and DLA advise as Missguided secures rescue deal

DLA Piper and DWF have landed roles on the administration of Manchester-based retailer Missguided, which was today rescued by Frasers Group. The Lawyer has learned online retailer Missguided instructed DWF after the company collapsed last week and a wind-up petition was launched. Restructuring and insolvency partner Natasha Atkinson is at the helm of the team […]

Kirkland leads on £1.5bn bid for Countryside

Kirkland & Ellis and Norton Rose Fulbright are the two law firms to have scored mandates on San Francisco-based Inclusive Capital Partners’ (In-Cap) attempt to buy property developer Countryside Partnerships. In-Cap’s offer was valued at £1.5bn; it currently holds a 9 per stake in the business. Brentwood-based Countryside rejected the bid saying it had “materially […]

M&C Saatchi

Ashurst wins mandate on M&C Saatchi takeover

Ashurst is the firm that has won the mandate on advising communications company Next Fifteen on sealing a £310m takeover of M&C Saatchi. At the start of this year, The Lawyer reported that CMS won the mandate to advise M&C Saatchi with a team led by corporate partner Simon Morgan. This came after it had […]

HomeServe

Corporate trio lead on HomeServe’s £4bn sale

Linklaters, Slaughter and May and White & Case have scored mandates on the sale of UK repairs company HomeServe to Toronto-based Brookfield Asset Management for a deal valued at £4bn. Brookfield said in a statement that HomeServe’s shareholders will acquire £12 a share in cash, which will be financed by equity drawn from funds from […]

Chelsea FC

Raft of firms win places on sale of Chelsea FC

A raft of firms have won places advising bidders on the sale of Chelsea FC in a deal worth £4.25bn. The terms of the sale have been agreed and the new ownership group is the Boehly consortium led by US investor Todd Boehly, Clearlake Capital, Mark Walter and Swiss billionaire Hansjörg Wyss. The sale has […]

McColl's

Travers leads as longstanding client McColl’s seeks rescue deal

McColl’s Retail Group is looking to secure a rescue deal to stave off a potential collapse, seeking counsel from long-term advisers at Travers Smith. The Lawyer understands that Travers Smith corporate partner Andrew Gillen is advising client McColl’s, along with restructuring partner Edward Smith. Today (6 May) it was announced that the company’s senior lenders […]

Brewin Dolphin

Norton Rose Fulbright and Travers land roles on Brewin Dolphin sale

Norton Rose Fulbright and Travers Smith are the two law firms that have scored the mandates Royal Bank of Canada’s offer to purchase Brewin Dolphin for £1.6bn. RBC said in a release that Brewin Dolphin shareholders will be offered 515 pence per share chalking up a premium of 62 per cent to the closing price […]