Weil Gotshal & Manges and Slaughter and May have taken lead roles on Europcar's €670m (£450m) acquisition of US car rental company Vanguard's European businesses.

The deal, announced on 13 November, sees Slaughters representing Europcar and Weil Gotshal representing Vanguard. It marks the first time that the US firm's London arm has landed a corporate instruction from Vanguard.

London managing partner Mike Francies is overseeing the Weil Gotshal team, with private equity partner Jonathan Wood, who joined the US firm earlier this year from Lovells, also advising.