Gleiss helps kill off ‘locust’ tag
Private equity houses have famously been described as locusts (Heuschrecken) in Germany, but it looks as if Gleiss Lutz could have acted on the deal that will change this perception. Herbert Smith’s German ally advised regular client Blackstone on its first-ever investment in a government-controlled company. Blackstone acquired a 4.5 per cent, E2.68bn (£1.82bn) stake […]