Camerons advises RBS on £1bn hotels disposal
CMS Cameron McKenna has acted on another major transaction for the Royal Bank of Scotland (RBS), advising the bank on its disposal of 47 Marriott hotels in a deal worth around £1bn.Camerons fielded a team headed by corporate finance partner Louise Wallace and corporate partner Chris Southorn to advise RBS on the sale of the UK-based hotels to Israeli investor Delek Real Estate.
January 10, 2007 at 07:08 PM
2 minute read
CMS Cameron McKenna has acted on another major transaction for the Royal Bank of Scotland (RBS), advising the bank on its disposal of 47 Marriott hotels in a deal worth around £1bn.
Camerons fielded a team headed by corporate finance partner Louise Wallace and corporate partner Chris Southorn to advise RBS on the sale of the UK-based hotels to Israeli investor Delek Real Estate.
Camerons landed the high profile role ahead of magic circle giant Linklaters, which traditionally provides RBS with much of its transactional advice.
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