Deals

royal mail

City talk: The challenges for Royal Mail – and Slaughter and May

Concerns over Royal Mail’s £3.5bn takeover by Czech-owned business EP Group have bubbled up over the weeks since the agreement was announced, with each side’s legal team coming up against a range of issues.  Slaughter and May corporate partner Claire Jackson has been leading the transaction for Royal Mail’s parent company International Distribution Services (IDS) […]

Co-operative Bank

Three firms line up on Co-op Bank’s £780m takeover

Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings have all scored roles on the Co-operative Bank’s £780m sale to Coventry Building Society (CBS).  CBS made its cash offer to the banking company after months of exclusive talks between the two parties. As a result, Co-op will be expected to see a mass rebrand of its […]

cazoo

Freshfields takes the lead on Cazoo administration

Freshfields has been appointed as the lead law firm acting on the administration of online car company Cazoo. Advising joint administrators Matthew Mawhinney and David Soden from Teneo Financial Advisory, the magic circle finds itself sorting out the collapse of one of its longstanding retail clients. It was announced this week that the retailer had […]

“I miss the adrenalin rush of a corporate deal”

Name: Karl Jansen Organisation: Freeths Role: National managing partner Based: Nottingham Trained at: Davies Arnold Cooper Year qualified: 1990 What’s your most vivid memory from being a trainee? Although I’m showing my age, it has to be the many hours spent at the fax machine! That apart, I really enjoyed my articles (showing my age […]

Slaughters and Kirkland lead on £3.5bn bid for Royal Mail owner

Slaughter and May is leading for the owner of Royal Mail, which is poised to accept a takeover bid from Czech-owned EP Group (EP). EP’s bid values International Distribution Services (IDS) at approximately £3.5bn. Slaughters’ corporate team for IDS is led by partners Richard Smith and Claire Jackson. Kirkland & Ellis is leading for EP […]

Raspberry Pi

Linklaters wins lead role on Raspberry Pi float

A capital markets team from Linklaters is taking the lead in the expected London Stock Exchange listing of British single-board computer developer Raspberry Pi. Under the leadership of equities global chair and capital markets partner Jason Manketo, the firm is working with both the Cambridge-headquartered chip maker and its non-profit subsidiary over the process of […]

Kirkland and Latham line up on Darktrace acquisition

US firms Kirkland & Ellis and Latham & Watkins are leading on another US private equity acquisition of a London-listed company.  This morning it was announced that US private equity firm Thoma Bravo has reached an agreement for Bidco to acquire leading UK-based cybersecurity company Darktrace. Darktrace is listed on the London Stock Exchange and will be […]

mining

Linklaters and Slaughters lead on £31bn Anglo American bid

Linklaters and Slaughter and May are leading on BHP’s mega-offer for rival mining company Anglo American. It emerged this morning that Australian giant BHP had put forward an unsolicited proposal to Anglo American If the deal went ahead, it would be valued at around £31bn. Linklaters is on call for Anglo American as it discusses […]

people in a group

The recipe for corporate success? More junior associates

Corporate teams at Slaughter and May and Travers Smith are relying on larger – and younger – teams of associates to power up their revenues. According to data collected by The Lawyer’s Practice Analysis service, firms housing a larger number of junior lawyers help to grow revenues quicker compared to firms with a more senior […]

Kirkland, Gherkin

Kirkland’s ex-Paul Weiss and STB hires lead on KPS deal

Kirkland & Ellis has banded together its high-profile recruits from Paul Weiss and Simpson Thacher & Bartlett in its recent transaction for KPS Capital Partners. Leading for the private equity group’s majority stake purchase of sports surfaces business Sport Group, the US firm’s London team was made up of partners and associates from Kirkland’s hiring […]

Business people meeting, shaking hands

City talk: Charles Russell Speechlys’ corporate team has a secret weapon

Charles Russell Speechlys has hit the ground running on partner hires in the first quarter of 2024. The recruitment of corporate partners Alexis Karim and Giles Dennison in January from DWF and Eversheds respectively, immediately followed by Edwin Coe finance partner James Walton and firm alum Richard Ellis, have been just a glimpse of the firm’s […]