NEXT

International Edition

Olswang and A&O lead on £375m RoadChef acquisition

Olswang has advised opposite magic circle firm Allen & Overy (A&O) on the £375m sale of motorway services group RoadChef. Olswang advised regular Israeli property client Delek Real Estate on its acquisition of RoadChef from Nikko Principal Investments, with a team led by property partner Philip Olmer. The deal is the largest Olswang has handled for the client.
2 minute read

International Edition

Eversheds advises Brum developer on £500m planning application

Eversheds' real estate group has advised the Birmingham Alliance on its successful planning application for new Birmingham development the Martineau Galleries. The £500m scheme includes a mix of offices, residential, leisure and retail space as well as underground parking.
2 minute read

International Edition

Trowers rings up $3.8bn Kuwaiti mobile deal

Trowers & Hamlins has landed a role on the $3.8bn (£2bn) purchase of a controlling stake in Kuwaiti mobile operator Wataniya. Trowers advised Qatar telecoms provider Qtel on its acquisition of a 51% stake in Wataniya from a shareholder consortium led by the Kuwait Projects Company Holding. Bahrain-based partner Abdullah Mutawi led the team for Travers.
2 minute read

International Edition

Deals: M&A 15/03/2007

DLA Piper has advised McBride, a UK supplier of household and personal care products, on its £39.3m bid to acquire Chemolux from Henkel. Corporate partner Jonathan Watkins led the team at DLA Piper. Luxembourg soaps manufacturer Chemolux was advised by Cleary Gottlieb Steen & Hamilton M&A partner William Groll.
2 minute read

International Edition

Deals: Capital Markets 15/03/2007

Freshfields Bruckhaus Deringer has advised Sports Direct International on its proposed initial public offering of shares to be listed on the London Stock Exchange. The £800m share offer is expected to close by the end of this month. The Freshfields team is being led by corporate partner Chris Mort, who is head of the firm's leisure sector group. Linklaters corporate partner John Lane advised Merrill Lynch as sponsor, global coordinator and bookrunner, as well as co-lead managers Citigroup and Credit Suisse.
1 minute read

International Edition

Deals: Property 15/03/2007

Mayer Brown Rowe & Maw has advised global energy advisory firm Tristone Capital on the acquisition of a lease for its new European headquarters at 77 Grosvenor Street, London, for an undisclosed sum. Real estate partner James Dodsworth led the team advising Tristone, which took the lease from Norwich Union Life & Pensions, which was represented in-house.
1 minute read

International Edition

CC bags KKR mandate on Alliance Boots bid

Clifford Chance (CC) has bagged a key mandate opposite magic circle rival Slaughter and May to advise on the £9.7bn takeover bid for Alliance Boots by Kohlberg Kravis Roberts & Co. CC joined Simpson Thacher & Bartlett to advise the US private equity giant on its offer for regular Slaughters client Alliance Boots, which rejected the bid earlier this week (12 March).
2 minute read

Legal Week

CC bags KKR mandate on Alliance Boots bid

Clifford Chance (CC) has bagged a key mandate opposite magic circle rival Slaughter and May to advise on the £9.7bn takeover bid for Alliance Boots by Kohlberg Kravis Roberts & Co. CC joined Simpson Thacher & Bartlett to advise the US private equity giant on its offer for regular Slaughters client Alliance Boots, which rejected the bid earlier this week (12 March).
15 minute read

International Edition

A&O Amsterdam lands €11bn pharma deal

Allen & Overy (A&O) has landed a lead role advised US pharmaceuticals group Schering Plough on its €11bn (£7.5bn) acquisition of the medicines business of Dutch chemicals group Akzo Nobel. The A&O team was led by Amsterdam corporate partner Sietze Hepkema alongside banking partner Andrew Thomas and tax partner Olaf van der Donk. US advice was provided by banking partner Thomas Abbondante, capital markets partner Cathleen McLaughlin and senior banking counsel Julian Weldon.Leading Dutch independent De Brauw Blackstone Westbroek advised Akzo Nobel on the deal, with Sullivan & Cromwell advising on US aspects.The deal follows the sale last year by Akzo Nobel of former subsidiary Organon BioSciences, including human and animal medicines and a fledgling vaccines business.The latest deal is the second-largest M&A transaction in Dutch history, following the tie-up between Netherlands-based utility giants Essent and Nuon in a €24bn (£16bn) deal. A&O advised Nuon on the merger, with magic circle rival Freshfields Bruckhaus Deringer acting on behalf of Essent.
2 minute read

International Edition

Slaughters seals £300m Post Office aid package

Slaughter and May is advising the Post Office on a deal with the Government to secure more than £300m of state aid. As part of the restructuring of the Post Office and Royal Mail, the Post Office is to receive an aid package worth £313m in the form of public service compensation.
1 minute read

Resources

  • Why Embracing Change Is Essential for Your Legal Department

    Brought to you by DiliTrust

    Download Now

  • 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