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International Edition

Allen & Overy strikes gold with role on $7.8bn mining takeover bid

Allen & Overy (A&O) is among five firms advising on the $7.8bn (£4.7bn) bid by Barrick Gold, the world's largest gold miner, for Equinox Minerals, reports The Am Law Daily. A&O and Canada's Osler Hoskin & Harcourt are advising Equinox on the transaction, which was approved on Monday (25 April) by the Australian and Canadian mining company's board. Perth partners Geoff Simpson and Meredith Campion are heading up the magic circle firm's team.
2 minute read

International Edition

Dealmaker: Adrian Cartwright

CC's co-head of European ECM on sweating it out at the office and the world's worst closing dinner
4 minute read

International Edition

Charles Russell and Slaughters lead as Bahamas privatises telecoms operator

Charles Russell and Slaughter and May have taken lead roles on the $210m (£128.5m) privatisation of the Bahamas' national telecommunications operator. The deal, completed on 6 April, will see the Bahamas Government sell a 51% interest in the Bahamas Telecommunications Company (BTC) to a wholly-owned subsidiary of Cable and Wireless Communications (CWC).
2 minute read

International Edition

Trio of City firms lead on Battersea Power Station debt restructuring

Ashurst, Clifford Chance (CC) and Linklaters are among a raft of firms to have advised on the £1.96bn debt restructuring of the ownership of Battersea Power Station. The deal will see the iconic power station transferred to a new holding company, with £437m of debt converted to equity. Ashurst took the lead role for the power station's owner, property company Real Estate Opportunities (REO), with a team led by corporate partner Nigel Stacey alongside finance partners Sarah Watkinson and Dan Hamilton and tax partners Richard Palmer and Simon Swann.
2 minute read

International Edition

Wragges and Linklaters lead on €20bn military aircraft contract negotiations

Wragge & Co has taken a lead role on the renegotiation of a €20bn (£12.2bn) defence contract for the supply of military transport aircraft to seven European nations. The contract will see Airbus Military develop and supply up to 170 A400M aircraft to Belgium, France, Germany, Luxembourg, Spain, Turkey and the UK.
2 minute read

International Edition

Addleshaws, A&O lead on Yorkshire Building Society merger deal

Addleshaw Goddard and Allen & Overy (A&O) have picked up lead advisory roles on Yorkshire Building Society's merger with Norwich and Peterborough (N&P) Building Society, creating a combined company with three million members and 224 branches. A&O is advising longstanding client Yorkshire, which is the UK's second largest building society with assets exceeding £30bn. The magic circle firm's team is being led by corporate partner Richard Slynn, assisted by associates Ilan Kotkis and Susannah Gwyn-Thomas.
2 minute read

Legal Week

Addleshaws, A&O lead on Yorkshire Building Society merger deal

Addleshaw Goddard and Allen & Overy (A&O) have picked up lead advisory roles on Yorkshire Building Society's merger with Norwich and Peterborough (N&P) Building Society, creating a combined company with three million members and 224 branches. A&O is advising longstanding client Yorkshire, which is the UK's second largest building society with assets exceeding £30bn. The magic circle firm's team is being led by corporate partner Richard Slynn, assisted by associates Ilan Kotkis and Susannah Gwyn-Thomas.
7 minute read

International Edition

Camerons leads for Royal Mail on facilities deal worth £1.8bn

CMS Cameron McKenna has won the lead role for Royal Mail on its largest transaction since cutting down its legal panel to just three firms at the end of last year. The UK top 15 law firm advised Royal Mail on an agreement to extend its facilities management contract with joint venture (JV) company Romec for a further 10 years, with the deal worth up to £1.8bn.
2 minute read

International Edition

Linklaters and Bakers win roles as Total signs energy partnership in Russia

Linklaters and Baker & McKenzie have taken lead roles on a $4bn (£2.5bn) energy deal that saw French oil company Total buy a 12% stake in Russian gas producer Novatek as part of a strategic partnership. Linklaters advised the acquirer on the deal, which also saw Total take a 20% stake in Novatek's Yamal liquefied natural gas (LNG) project. London corporate partner Dominic Sanders led the Linklaters team advising Total.
2 minute read

International Edition

Freshfields takes first role for new client on Centre Point acquisition

Freshfields Bruckhaus Deringer has taken a lead role on new property developer Almacantar's acquisition of London's landmark Centre Point tower. The deal also handed roles to Berwin Leighton Paisner (BLP), which advised the administrator for bankrupt former owner Targetfollow, and to Clifford Chance (CC), which acted for Eurohypo on debt financing.
2 minute read

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