HSF confirmed alongside Freshfields, Linklaters as advisers as AB InBev eyes $275bn SABMiller mega-merger
Magic circle firms win lead roles as world's largest brewer seeks to tie up with rival SABMiller
September 16, 2015 at 12:06 PM
3 minute read
Freshfields Bruckhaus Deringer, Linklaters and Herbert Smith Freehills have picked up key roles as Anheuser-Busch (AB) InBev, the world's largest brewer, are confirmed to have proposed a merger with rival SABMiller that would create a $275bn (£177bn) company.
SABMiller issued a statement last month saying it had been informed that AB InBev intended to make a bid proposal for the company.
Freshfields is advising AB InBev with a team comprising London M&A partner Mark Rawlinson, London head of corporate Simon Marchant and antitrust partner John Davies, who works out of London and Brussels.
Linklaters is advising SABMiller with a London team led by corporate partners Nick Rumsby and Charlie Jacobs. Brussels-based partner Gerwin Van Gerven is advising on competition issues.
Herbert Smith Freehills (HSF) is advising BevCo Ltd, the second largest shareholder in SABMiller.
The HSF team is being led by London corporate partner Gillian Fairfield. Fairfield recently led the team advising British American Tobacco on its conditional agreement to acquire 100% of CHIC Group, Europe's largest e-cigarette retailing network.
Hogan Lovells is also acting alongside Linklaters for SABMiller, with a team led by London corporate partner Andrew Pearson. The exact remit of the firm's role is unclear.
AB InBev owns beer brands including Budweiser, Corona and Stella Artois, while SABMiller, which is headquartered in the UK, is home to brands such as Fosters, Grolsch, and Peroni.
A successful tie-up would rank as one of the largest corporate deals in history. Other recent mega-deals include Shell's £47bn acquisition of BG Group earlier this year and Vodafone's $130bn (£84bn) sale in 2013 of its 45% stake in US mobile operator Verizon Wireless.
In 2012, Freshfields advised AB InBev's on its $20bn (£12.8bn) acquisition of the Mexican brewer behind brands including Corona and Grupo Modelo alongside Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell.
Linklaters, meanwhile, is understood to have advised SABMiller last year on its failed efforts to buy Heineken, one of Europe's largest breweries.
SABMiller saw its takeover for Heineken rejected in September, with the Dutch company calling the approach "non-actionable" and insisting it wanted to maintain its independence. A&O advised Heineken after previously taking a role for SABMiller when the brewer launched a successful A$11.5 billion (£7.8bn) takeover of Fosters three years ago.
Reports have suggested that SABMiller launched its Heineken takeover bid in order to safeguard itself against an approach from AB InBev.
Clifford Chance is advising the controlling shareholders of AB InBev with a team led by global head of corporate Guy Norman and London corporate partner Patrick Sarch. The firm is also advising the company on the financing of the transaction with a team led by finance partners Roderick McGillivray and Peter Dahlen in London
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 AllQuartet Of Firms Engaged As Adani Exits $2B Joint Venture With Singapore’s Wilmar
Baker McKenzie, Gibson Dunn Advise on $5 Billion KKR-Gulf Data Hub Deal
3 minute readHengeler, Noerr, Freshfields Steer Multi-Million Euro Deals for XXXLutz, Huf Group & More
3 minute readTrending Stories
- 1Decision of the Day: Judge Dismisses Defamation Suit by New York Philharmonic Oboist Accused of Sexual Misconduct
- 2California Court Denies Apple's Motion to Strike Allegations in Gender Bias Class Action
- 3US DOJ Threatens to Prosecute Local Officials Who Don't Aid Immigration Enforcement
- 4Kirkland Is Entering a New Market. Will Its Rates Get a Warm Welcome?
- 5African Law Firm Investigated Over ‘AI-Generated’ Case References
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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