NEXT
Sign in to follow

International Edition

Raft of firms advise on £4.5bn London regeneration project

A raft of firms including Nabarro, Herbert Smith and Eversheds have gained lead roles on the planned £4.5bn Brent Cross Cricklewood regeneration scheme, which was signed off by Barnet Council late last month (28 October). Nabarro advised BXC Development Partners - Hammerson and Standard Life Investments - in relation to the planning application for the new town centre, which is expected to bring 27,000 jobs and 7,500 homes.
2 minute read

International Edition

Deal team media strategy - upmarket or low-hanging fruit?

Do you have a media strategy for pushing forward your main practice groups? Well, if you are an ambitious UK top 50 practice or major US law firm, the answer is almost certainly 'yes'. But is it working? To that question, the response in many cases remains 'no'. There are a number of reasons strategies to build deal teams' profiles fail. Common ones would include unreasonable expectations or a misconceived sense of what you are trying to achieve.
4 minute read

International Edition

Herbert Smith and SJB lead on £448m sale of Crown Estate London portfolio

Herbert Smith and SJ Berwin have won lead roles as Norway's Norges Bank Investment Management agrees to buy a 25% stake in the Queen's Regent Street property portfolio for almost half a billion pounds. The deal is expected to see Norges, which manages the Norwegian Government Pension Fund Global, pay £448m to buy the 150-year lease on the property portfolio from The Crown Estate. It marks the fund's first investment in real estate since the Norwegian Government gave permission to invest in the class on 1 March.
2 minute read

International Edition

Freshfields and A&O handle HSBC's £2.1bn private equity rail sale

Freshfields Bruckhaus Deringer and Allen & Overy (A&O) are advising on a £2.1bn deal that will see HSBC sell its train-leasing business Eversholt Rail Group to a private equity consortium, reports The Am Law Daily. The consortium - which comprises 3i Group, Star Capital Partners and Morgan Stanley's infrastructure group - is being advised by an A&O team led by banking partner Jonathan Bevan and corporate partner Susan Howard. A&O also advised on the 2008 financing and acquisition of Angel Trains by a consortium of investors from the Royal Bank of Scotland.
2 minute read

International Edition

Skadden and Linklaters win roles on Russian company's London listing

Linklaters and Skadden Arps Slate Meagher & Flom have lined up on the $420m (£260m) initial public offering (IPO) of Russian food retailer O'Key, in one of the first listings by a Russian company in London since the financial crisis. Skadden advised O'Key, fielding a team including corporate finance partner Pranav Trivedi, who splits his time between London and Moscow, and Moscow-based M&A partner Dmitri Kovalenko.
2 minute read

International Edition

Slaughters and White & Case lead on $5.9bn Spanish-Turkish bank deal

Slaughter and May and White & Case have won lead roles on a $5.9bn (£3.6bn) deal involving Spanish and Turkish banks, reports The Am Law Daily. Banco Bilbao Vizcaya Argentina (BBVA), Spain's second-largest bank, is acquiring a 24.9% stake in Turkiye Garanti Bankasi, Turkey's leading bank. BBVA will purchase 18.6% of the stake in Garanti from GE Capital for $3.8bn (£2.3bn), while the other 6.3% will come from Turkey's Dogus Holdings for $2.1bn (£1.3bn).
2 minute read

International Edition

LG and Linklaters advise as UTC buys final stake in wind turbine company

LG has lined up opposite Linklaters to take a lead role on United Technologies Corporation's (UTC's) acquisition of the outstanding shares of struggling wind turbine manufacturer Clipper Windpower. LG London-based corporate partner Jeffrey Elway led a team advising longstanding client Clipper Windpower on the sale of its remaining 50.1% stake to UTC, in a deal which values the AIM-listed company at £139.5m.
2 minute read

International Edition

Freshfields acts for Russian metals giant on $3bn finance package

Freshfields Bruckhaus Deringer has taken the lead role advising on a $3bn (£2bn) loan participation programme on the London Stock Exchange (LSE). The magic circle firm has advised Russian metals giant OAO Severstal on the financing, which saw the company issue a $1bn (£626m) eurobond under the programme with a seven-year maturity.
2 minute read

International Edition

Dealmaker: Alex Bafi

Herbert Smith's corporate veteran on duff DIY skills and why ECM deals still get the heart pumping...
4 minute read

International Edition

SNR Denton leads as JP Morgan takes majority stake in $6bn Brazil hedge fund

SNR Denton has won a lead role on a major South American deal which has seen JP Morgan step up its commitment to emerging markets by taking a majority stake in a $6bn (£4bn) Brazilian hedge fund. Highbridge Capital Management, an asset management firm owned by JP Morgan, yesterday (27 October) announced the purchase of a 55% stake in hedge fund and private equity firm Gavea, which is headed up by Brazil's former central bank chief, Arminio Fraga.
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