Skadden and Shearman secure UK mandates on Sainsbury's Qatari bid
US firms Skadden Arps Slate Meagher & Flom and Shearman & Sterling have secured major UK mandates on the £12bn bid for Sainsbury's by a Qatari investment group.
July 25, 2007 at 10:32 PM
2 minute read
US firms Skadden Arps Slate Meagher & Flom and Shearman & Sterling have secured major UK mandates on the £12bn bid for Sainsbury's by a Qatari investment group.
Skadden is advising Delta Two on its approach for the supermarket giant, which comes just months after Sainsbury's fought off an approach from a private equity consortium, comprising CVC Capital, Blackstone and Texas Pacific Group.
Corporate partner Adrian Knight is thought to be leading the Skadden team acting for Delta Two. Knight is advising alongside his previous firm, Shearman, with Shearman acting for Delta Two's financial adviser, Credit Suisse. London corporate chief Peter King is leading the team for Shearman, which includes James Comyn (corporate), Anthony Ward (finance) and Patrick Clancy (derivatives).
Shearman has a long-standing relationship with Credit Suisse and it was approached by the bank several months ago. It is the second high-profile transaction for Shearman's London office in recent months.
The firm also advised Borsa Italiana on the UK law issues associated with the London Stock Exchange's £1.1bn acquisition of the exchange last month. It is also acting as US counsel to Royal Bank of Scotland on its ongoing bid for ABN Amro.
Herbert Smith has landed a secondary role to Skadden, advising Delta Two on property, employment and share scheme issues. Cravath Swaine & Moore's London office is understood to be acting for some of the lenders to Delta Two.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Kirkland, Macfarlanes Act as Evelyn Partners Offloads £700M Professional Services Arm
2 minute read
Elon Musk Taps UK Top 50 Firm for London Launch of AI Business
Trending Stories
- 1Dispute Resolution Boards—Getting Real Time Decisions on Construction Projects
- 2Commonwealth Court Overturns Award of Damages Assessed Against Landlord on Claims of Unlawful Discrimination
- 3NY Top Court to Decide Whether County Governments Owe Special Duty to Foster Care Placements
- 4Tesla, Musk Appeal Chancery Compensation Case to Delaware Supreme Court
- 5Some New Twists and Old Tricks for an Ethical New Year
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
