Freshfields and CC poised for EMI deal leads
Legal Week reports
December 13, 2006 at 07:03 PM
2 minute read
Freshfields Bruckhaus Deringer and Clifford Chance (CC) are in pole position to take the lead roles on a £2.5bn bid as private equity houses line up to acquire the music giant EMI.
The company confirmed on 28 November that it had received a preliminary approach, thought to be from private equity house Permira.
A formal bid would hand a major role to Freshfields, which advised EMI on its aborted $4.2bn (£2.3bn) bid for US rival Warner Music earlier this year, which floundered on European competition issues.
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