Ashurst's German arm wins first Apollo mandate
Legal Week reports
October 25, 2006 at 08:03 PM
1 minute read
Ashurst's German arm has carried out its first major mandate for US private equity giant Apollo Management, advising on its €1.5bn (£1bn) acquisition of Dutch mail company TNT's logistics branch.
The City giant bagged a secondary role behind regular Apollo adviser Wachtell Lipton Rosen & Katz on the deal, which was carried out under Dutch law but involved German law aspects due to the majority of the target's assets being situated in Germany.
Ashurst fielded a team including its Madrid, Milan and Paris offices, led by Munich corporate partner Meiko Zeppenfeld and Frankfurt partners Stephan Kock and Tom Beckerhoff.
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