NEXT

International Edition

Charles Martin: Private equity has gone lite

The national press has put Legal Village's private equity blogger out of business over recent weeks. All the issues have been aired and the really thorny ones around taper relief and base cost shift on carried interests are in the spotlight this week. However, deal mania in the private equity market is producing some intriguing results, including 'covenant lite' bank debt.
6 minute read

International Edition

Deal Week Dispatch: 27/6/2007

Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled Deal Week section, with Travers Smith, SJ Berwin and Osborne Clarke among the deal-doers.
1 minute read

International Edition

Terra Firma looks to Links for €1bn motorway deal

Linklaters' UK private equity team has signed its first major deal for Terra Firma, advising the private equity house on the disposal of its 50% stake in German motorway service operator Autobahn Tank & Rast. The deal follows a competitive bidding process and is worth around €1.2bn (£807m).
2 minute read

Legal Week

Terra Firma looks to Links for €1bn motorway deal

Linklaters' UK private equity team has signed its first major deal for Terra Firma, advising the private equity house on the disposal of its 50% stake in German motorway service operator Autobahn Tank & Rast. The deal follows a competitive bidding process and is worth around €1.2bn (£807m).
7 minute read

International Edition

Dickson Minto joins CC on £6bn Saga-AA merger

Clifford Chance (CC) and Dickson Minto have bagged lead roles advising on the £6.15bn merger between the Automobile Association (AA) and Saga. CC is advising private equity houses CVC Capital Partners and Permira, which own the motoring giant, while Dickson Minto is advising Saga parent company and regular client Charterhouse.
1 minute read

International Edition

Freshfields, Shearman join Chiomenti on LSE's Italian job

Freshfields Bruckhaus Deringer, Shearman & Sterling and Chiomenti have taken the lead roles on the London Stock Exchange's (LSE) €1.5bn (£1.1bn) acquisition of Borsa Italiana. Freshfields is advising long-term client LSE on both UK and Italian law aspects of the deal which was agreed on Friday (22 June). The Italian team includes partners Mario Ortu (corporate), Raffaele Lener (regulatory) and Gian Luca Zampa (competition). In London principal consultant Graham Nicholson has the lead role with finance partner Peter Hall and competition partner Deidre Trapp also advising.
2 minute read

Legal Week

Freshfields, Shearman join Chiomenti on LSE's Italian job

Freshfields Bruckhaus Deringer, Shearman & Sterling and Chiomenti have taken the lead roles on the London Stock Exchange's (LSE) €1.5bn (£1.1bn) acquisition of Borsa Italiana. Freshfields is advising long-term client LSE on both UK and Italian law aspects of the deal which was agreed on Friday (22 June). The Italian team includes partners Mario Ortu (corporate), Raffaele Lener (regulatory) and Gian Luca Zampa (competition). In London principal consultant Graham Nicholson has the lead role with finance partner Peter Hall and competition partner Deidre Trapp also advising.
7 minute read

International Edition

CC, A&O beat Freshfields and Links for H1 M&A

Clifford Chance (CC) and Allen & Overy (A&O) have replaced Freshfields Bruckhaus Deringer and Linklaters at the top of European M&A rankings for the first half of 2007. CC and A&O finished first and second respectively in the tables, knocking their magic circle rivals into third and fourth place, according to preliminary figures released by Mergermarket today (22 June).
2 minute read

Legal Week

KKR/Boots stand-off on pensions raises the stakes

Ashurst and Sacker & Partners may not have taken the main roles on Kohlberg Kravis Roberts & Co's (KKR's) £11bn takeover of Alliance Boots, but their involvement on behalf of the pension fund's trustees certainly proved crucial. The pair advised the trustees on last-minute talks with KKR to guarantee the future of the retailer's pension fund in an instruction that not only demonstrates the growing pressure on private equity deals in the UK but the increasing power of pensions funds in takeovers in general.
8 minute read

Legal Week

London boutique earns its Spurs on Sugar's Tottenham share sale

London boutique Wallace has landed a role opposite Slaughter and May and Herbert Smith as Sir Alan Sugar sells his stake in Tottenham Hotspur Football Club. The 10-partner firm advised sports and media group ENIC on its £25m acquisition of Sugar's 12% stake in the football club.
9 minute read

Resources

  • International Export and Trade Assistance State Law Survey

    Brought to you by LexisNexis®

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now

  • The Hidden Cost of Bad Reviews: Why Law Firms & Attorneys Can't Afford a Damaged Online Reputation

    Brought to you by Erase.com

    Download Now

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now