NEXT
Sign in to follow

International Edition

Herbies wins role on Resolution's £1.86bn Friends Provident takeover

Herbert Smith is the latest firm to land a role advising on the recommended £1.86bn takeover of Friends Provident by Resolution. The top 10 City firm is advising Resolution's banks, including Credit Suisse and Lazard, on the recommended acquisition, which was announced today (11 August).
2 minute read

International Edition

Herbert Smith leads on Russian finance deal

Herbert Smith has advised the European Bank for Reconstruction and Development (EBRD) on its largest single loan since it was founded in 1991 – a $500m (£295m) financing in Russia.
2 minute read

International Edition

Dealmaker: Peter Astleford

Dechert funds heavyweight Peter Astleford on keeping things simple and thinking like a client
4 minute read

International Edition

Weil Gotshal and Bakers lead on €250m private equity sell-off

Weil Gotshal & Manges and Baker & McKenzie have taken lead roles on the €250m (£212.2m) private equity disposal of two European food distribution companies. South African trading and distribution company Bidvest is to acquire the Czech Republic's Nowaco and Poland's Farutex from funds associated with JP Morgan, and managed by CCMP Capital Advisors, and from Bancroft Private Equity.
2 minute read

International Edition

Pinsents leads for HSBC on £200m MBO

Pinsent Masons has taken a role advising HSBC Private Equity on one of the largest private equity deals in Europe so far this year. The firm was one of four national firms to secure a role on the management buyout (MBO) of offshore oil and gas mooring company Viking Moorings, with HSBC Private Equity buying the company from Inflexion Private Equity for around £200m.
2 minute read

International Edition

Cleary advises Tata Steel on LSE listing and $500m capital raising

Wall Street leader Cleary Gottlieb Steen & Hamilton's London arm has scored a role as India's Tata Steel raised around $500m (£306m) through the sale of global depository receipts (GDR) and an associated listing on the London Stock Exchange. The deal is the biggest Indian GDR listing in London and the largest capital raising by a company outside its domestic market on any European exchange so far this calendar year.
2 minute read

International Edition

Commentary: City climate offers Weil a chance to shine in London

Moments in the sun don't come round very often, especially in an English summer, but Weil Gotshal & Manges - partly through luck, partly through design - finds its London office currently basking in one of the few rays of light in the Square Mile. Logically, this is where the firm should have been two years ago, when the practice had been bolstered by senior hires, a run of high-profile mandates and a private equity and structured finance practice that looked perfect for the times.
3 minute read

International Edition

CC, Freshfields head up publishing giant's £824m equity raising

Clifford Chance (CC) and Freshfields Bruckhaus Deringer have landed lead roles on publishing giant Reed Elsevier's £824m equity raising. CC has stepped in to advise the bookrunners JP Morgan Cazenove and UBS and joint lead manager RBS on the deal, with London capital markets partner Adrian Cartwright leading a team which included Amsterdam partner Hans Beerlage.
2 minute read

International Edition

Mayer Brown advises new bank rising from Kaupthing's ashes

Mayer Brown has taken a lead role advising on the creation of Banque Havilland, a newly-formed bank emerging from the collapse of Iceland's Kaupthing Bank in Luxembourg. The international law firm landed the instruction from the Rowland Family, a longstanding client, as it acquires Banque Havilland, which was formed through the court-sanctioned demerger of Kaupthing Bank Luxembourg.
2 minute read

International Edition

Trio of firms hit rich seam on $488m bid for goldmining company

A raft of firms including Norton Rose, Shearman & Sterling and Ashurst have lined up to advise on AngloGold Ashanti and Randgold Resources' joint $488m (£295m) bid for Moto Goldmines. The counterbid, which sees the two mining companies trying to beat Canada's Red Back Mining $466.8m ($282m) bid for Moto, would give AngloGold a 50% indirect interest in the company if Randgold's bid goes ahead.
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 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

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now