Freshfields joins Nomura deal

Freshfields Bruckhaus Deringer has joined the raft of firms advising on Japanese bank Nomura’s acquisition of Lehman Brothers’ investment banking business in Europe, the Middle East and Asia.

Freshfields’ mandate covers all advice for Nomura relating to the integration and combination of the businesses.

The Freshfields team consists of London corporate partners Stephen Revell, Mark Kalderon. They are assisted by Hong Kong corporate partner Stephen Hewes Rob Ashworth and London IP and IT partner Richard Lister.

The advisory roles for the Lehman entities are shared between Ashurst and Linklaters.

Linklaters is advising the European and Asian Lehman administrators PricewaterhouseCoopers and KPMG, respectively.

Ashurst corporate head Adrian Clark and corporate partner Gavin Gordon are leading the team advising Lehman’s European investment banking division.

Freshfields has also bagged the wide role to advise the Bank of England on the current market conditions and the liquidity initiatives relating to the Lehman fall-out. The Bank of England team is being led by London corporate partner Michael Raffan and finance partner Alan Newton.