Among the first major IPOs to be announced in 2015, infrastructure investor John Laing has outlined its plan to float on the London Stock Exchange.
The legal line-up advising on the transaction features some usual suspects. Following a stellar 2014 for its capital markets team, Freshfields Bruckhaus Deringer has begun this year as it means to continue.
In addition to advising tool hire company HSS Hire Group on its announced IPO, the magic circle firm has also won the John Laing job – capitalising on its strong relationship with the company’s selling shareholder Henderson.
Meanwhile, Clifford Chance has been drafted in by the underwriters HSBC and Barclays on the bank-side of the deal.
Market sources suggest that there should be plenty of IPO work to keep lawyers busy in coming months, as a number of companies look to float before the markets are rocked by the imminent UK general election.
Also on TheLawyer.com:
- Osborne Clarke has hired two new private client partners in a bid to re-launch and rebrand its private client offering, which it previously scrapped in late 2013
- Pannone Corporate is set to move to its own dedicated premises in February, one year after its demerger from legal Pannone
- DWF has appointed Ince & Co corporate insurance chief Richard Britain and DLA Piper banking partner Christian Francis in London
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