NEXT
Sign in to follow

International Edition

Four firms take away roles on private equity sale of EAT sandwich chain

A quartet of UK law firms have taken roles on the buyout of high street food chain EAT by private equity group Lyceum Capital. Travers Smith advised Lyceum on the deal, while CMS Cameron McKenna acted for EAT and its management. Dickson Minto took the key role for private equity sellers Penta Capital, while DLA Piper advised HSBC on the financing.
2 minute read

International Edition

Shearman and Sullivan land top roles on $11bn NYSE Euronext counterbid

Shearman & Sterling and Sullivan & Cromwell have won lead roles on Nasdaq OMX and the Intercontinental Exchange (ICE)'s $11.3bn (£7bn) bid for NYSE Euronext, reports The Am Law Daily. Nasdaq and ICE announced on Friday (1 April) that they had teamed up for the bid, around six weeks after German exchange Deutsche Boerse agreed to purchase the New York Stock Exchange's parent for $10bn (£6.2bn).
3 minute read

International Edition

CC and DLA Piper lead on social housing solar power project first

Clifford Chance (CC) and DLA Piper have advised on a £300m renewable energy project that will see around 30,000 properties across the UK gaining free solar power. Newcastle-based clean-tech company Eaga is to use £300m of funding to add solar panels to the social housing properties, with the funding including £75m of equity from Eaga, HSBC Environmental Infrastructure Fund and Barclays European Infrastructure Fund II and £225m of debt from a syndicate of banks.
2 minute read

International Edition

Top private equity advisers line up on £480m Chiswick Park office sale

A raft of international law firms have advised on buyout house The Blackstone Group's £480m acquisition of the Chiswick Park office development in West London. Simpson Thacher & Bartlett and City firm Herbert Smith were jointly instructed by Blackstone on the deal, with SJ Berwin and Ashurst advising the seller, Chiswick Park Unit Trust.
2 minute read

International Edition

Aviation team loss leaves Barlows up in the air

It's all very well having a strategy, but at a certain point a law firm has also got to be able to hold on to good partners. On that basis, news last week that Barlow Lyde & Gilbert's eight-partner aviation team is quitting to join Holman Fenwick Willan doesn't look good. The loss of such a highly-rated team - on some measures the largest switch between top 50 UK law firms since DLA Piper helped itself to a large chunk of Denton Wilde Sapte's media team back in 2004 - will raise fresh questions about Barlows' efforts to get back on track.
4 minute read

International Edition

A&O takes lead for General Electric on $3.2bn France energy acquisition

Allen & Overy (A&O) has taken a lead role for General Electric on its energy division's purchase of a 90% stake in French energy company Converteam, reports The Am Law Daily. GE Energy will pay $3.2bn (£2bn) to acquire the stake from a group of controlling shareholders that includes Converteam management, Barclays Private Equity and LBO France.
2 minute read

International Edition

Dealmaker: Simon Gamblin

Barlows corporate chief Simon Gamblin on Ethics in the east of England and his comedy conundrum...
3 minute read

International Edition

Herbert Smith heads up firms advising on £65m JJB Sports recovery effort

A raft of firms including Herbert Smith are lining up to advise in relation to a £65m recovery plan for embattled sports retailer JJB Sports. Herbert Smith is advising regular client JJB as it gears up for a £65m capital raising and a delisting from the main market of the London Stock Exchange onto the Alternative Investment Market.
2 minute read

International Edition

Freshfields heads up trio of firms on purchase of 50% Yoplait stake

Freshfields Bruckhaus Deringer, Willkie Farr & Gallagher and Darrois Villey Maillot Brochier have picked up lead roles as US food group General Mills agrees to buy a 50% stake in French yoghurt company Yoplait, in a deal that values the company at €1.6bn (£1.4bn). General Mills entered into exclusive negotiations to acquire buyout house PAI Partners' 50% stake in the company last week (18 March), following a competitive bidding process.
2 minute read

International Edition

Sullivan and Wachtell take lead on AT&T's $39bn T-Mobile USA buyout

Sullivan & Cromwell and Wachtell Lipton Rosen & Katz have taken lead roles on AT&T's $39bn (£24bn) purchase of T-Mobile USA from Deutsche Telekom, reports The Am Law Daily. The cash-and-stock deal will create the largest mobile phone company in the US. AT&T has 95.5 million subscribers, while T-Mobile USA has 34 million.
2 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • The Power of Online Reputation Management For Attorneys: A Critical Tool For Law Firms in 2025

    Brought to you by Erase.com

    Download Now

  • The Role of Evolving Support Structures in Optimizing Legal Talent

    Brought to you by BigHand

    Download Now

  • Corporate Monitorship Advisory Services

    Brought to you by HaystackID

    Download Now

  • AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

    Brought to you by Parrot

    Download Now