Corporate

London Stock Exchange

Simpson Thacher leads as Melrose founders list new business

The former bosses of Melrose Industries is listing a new company – Rosebank – on the alternative investment market (AIM), with Simpson Thacher & Bartlett advising on the float. Simpson Thacher partner Adam Signy has long advised Melrose in its acquisition deals and is at the helm of this listing along with partner Lucy Gillett. […]

Arc de Triomphe, France

Paris consolidation heats up as Mayer Brown hires 30-strong team

Mayer Brown has followed hotly on Paul Hastings’ heels to strengthen significantly in Paris, hiring 30 lawyers from a local firm. The Lawyer understands that Mayer Brown is hiring two-thirds of the total lawyer headcount at French firm Ayache to bolster its transactional team in the French capital. Altogether, The Lawyer understands that seven Ayache corporate/M&A […]

Soft drinks

Bakers and Linklaters lead on £3.3bn Carlsberg purchase of Britvic

Baker McKenzie and Linklaters have sealed an agreement between brewing company Carlsberg and soft drinks producer Britvic, after the latter rejected two acquisition offers from its suitor. The £3.3bn takeover comes after Britvic rejected Carlsberg’s last offer of £3.1bn on 11 June as well as a first offer that was made on 6 June. Bakers […]

Skadden and Macfarlanes lead on Preqin’s £2.5bn sale

Skadden Arps Slate Meagher & Flom took the lead role for BlackRock on its acquisition of private markets data solutions provider Preqin for £2.55bn. The deal sees BlackRock acquire Preqin to expand Aladdin, the private equity giant’s portfolio management software. The deal will bring Preqin’s data and research tools together with Aladdin’s workflow capabilities to […]

Slaughters and Kirkland cash in on Royal Mail’s £25m takeover fees

Slaughter and May, Kirkland & Ellis and Paul Weiss Rifkind Wharton & Garrison have together banked nearly £25m on EP Group’s (EP) takeover of Royal Mail’s parent company, IDS. EP, owned by Czech billionaire Daniel Kretinsky, announced its intention to acquire IDS just over a month ago in May. The bid valued the distribution company […]

music festivals

Kirkland and White & Case lead on KKR’s €1.3bn festival purchase

Kirkland & Ellis and White & Case have taken leading roles on KKR’s €1.3bn (£1.1bn) purchase of Superstruct Entertainment from Providence Equity Partners. The Kirkland team leading for KKR was steered by corporate partners Alvaro Membrillera and Pelin Demirdere Eski, with the support of associates Jef Dupont, Sophie Thomas and Bonian Wu. Debt finance aspects […]

wine glasses

Pinsents acts for Chapel Down on potential sale

Pinsent Masons is acting for England’s largest winemaker on a potential sale that could see the company de-list from the alternative investment market (AIM) less than a year after its float. Chapel Down Group, the official English sparkling wine sponsor of Ascot Racecourse, is conducting a strategic review of its funding options including a potential […]

Sainsbury's Bank

Linklaters and A&O Shearman lead on Sainsbury’s Bank sale

Linklaters and A&O Shearman have capitalised on longstanding client relationships, acting on a deal in which Sainsbury’s banking business is sold to NatWest Group. Linklaters is acting for Sainsbury’s Bank with the team led by corporate partner Charles Turner, TMT partner Richard Cumbley and corporate managing associate Matthew Halliday. A&O Shearman is acting for NatWest, […]

Milbank London

Milbank makes space for an extra 85 City lawyers

As part of a long-term plan for the City, Milbank is taking additional floor space in its office to make room for growth. The firm is adding an extra 15,000 sq ft in its 100 Liverpool Street home. This means that over the course of the next 10 years, the firm will be able to […]

pushing back

City talk: Orrick’s VC strategy looks sensible, but defensive

Any City firm wanting to get serious in the transactional legal market has to be prepared to make considerable investments into its private equity practice, whether by attracting key hires or wooing big-ticket clients. But as firms compete for the attention of a Blackstone or EQT, Orrick Herrington & Sutcliffe is staying out of the […]

Rent increase

Norton Rose and Slaughters lead on housebuilder bid

UK housebuilder Crest Nicholson is fending off advances from larger rival Bellway, with Norton Rose Fulbright and Slaughter and May at the helm. On Friday, Crest rejected Bellway’s second bid for the company in the last two months, which valued it at £650m. A merger of the two companies could create a business with an […]

Back to Latham: PE partner returns after Linklaters stint

An infrastructure partner from Linklaters is set to return to Latham & Watkins after just over a year at the magic circle firm. John Guccione is moving back to the US firm. He advises on a range of corporate and financing matters, with a particular focus on transactions involving regulated utilities, energy, and transportation assets. […]