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International Edition

GTM and Skadden head up $1.8bn AstraZeneca sell-off

Greenberg Traurig Maher (GTM) and Skadden Arps Meagher & Flom have taken lead roles on AstraZeneca's $1.8bn (£1.1bn) sale of its Swedish dental subsidiary Astra Tech to Dentsply International. GTM took the lead role for AstraZeneca on the sale, which came after a competitive auction process run by JP Morgan. London co-managing shareholders Paul Maher and Fiona Adams took the lead roles for the firm.
2 minute read

International Edition

Holman adds partners across Hong Kong, Singapore and Sydney in Asia push

Holman Fenwick Willan is set to bulk up its Asia practice with a number of hires and relocations as the firm's focus on the region increases. Ex-Simmons & Simmons corporate partner Jonathan Moult is joining the firm's Hong Kong office in September, while shipping and transport partner David Coogans, formerly of Reed Smith Richards Butler in Hong Kong, is set to join Holman's Sydney base in July.
2 minute read

International Edition

Freshfields wins second recent Hong Kong IPO role on $800m float

Freshfields Bruckhaus Deringer and Skadden Arps Slate 
Meagher & Flom have advised on Huaneng Renewables' $800m (£500m) Hong Kong initial public offering (IPO). Skadden took the lead role for the Chinese renewable energy company, fielding a team led by Hong Kong corporate partner Dominic Tsun alongside Shanghai corporate and M&A 
partner Gregory Miao.
2 minute read

International Edition

Heinz opens tender process for debut Europe legal panel

Heinz is set to appoint its first-ever European legal panel later this summer, with around a dozen firms invited to pitch. The food giant's European general counsel Janice More kicked off a tender process in March, with the company planning to use the review process to cut costs and tighten its links with firms.
2 minute read

International Edition

Magic circle firms bank leading roles on multibillion-pound Santander bond issue

A trio of magic circle firms have advised on Santander's £3.75bn bond sale, in one of the biggest UK residential mortgage-backed securities deals since the financial crisis. Slaughter and May took the lead role for Santander, while Allen & Overy (A&O) acted for the joint bookrunners, which comprised Barclays Capital, JP Morgan, Morgan Stanley and Santander Global Banking & Markets. Linklaters also won a role on the transaction advising the trustee.
2 minute read

International Edition

Halt the merry-go-round - a more sophisticated approach to lateral hiring

Most foreign law firms targeting the City are stuck in a destructive cycle of hiring and losing partners. Kirkland's James Learner and Graham White argue that a more sophisticated approach is essential
6 minute read

International Edition

Paul Hastings hires Macfarlanes M&A partner for City deal push

Macfarlanes corporate and M&A partner Garrett Hayes has left the firm to join Paul Hastings Janofsky & Walker in London. Hayes, who specialises in M&A and private equity advice and acts primarily for private equity sponsors and portfolio companies on leveraged buyouts, restructurings and auctions, joins the US firm after 16 years at Macfarlanes. He had been a partner since 2005.
2 minute read

International Edition

Addleshaws seals hire of DLA Piper corporate partner in Manchester

Addleshaw Goddard has boosted its Manchester corporate team with the hire of a partner from DLA Piper. Neal Shepherd, who has been at DLA in 1992 and made partner in 1996, is set to join Addleshaws at the end 
of August.
2 minute read

International Edition

Freshfields, Kirkland and Herbert Smith line up on £636m Avis takeover

Freshfields Bruckhaus Deringer, Kirkland & Ellis and Herbert Smith have taken roles on the £636m takeover of Avis Europe by its US counterpart Avis Budget, 25 years after the two companies were originally separated. Kirkland is advising Avis Budget, fielding a multijurisdictional team led by corporate partners David Fox in New York and Graham White in London. The US firm's team also included finance partners Ashley Gregory and Neel Sachdev in New York and London respectively.
2 minute read

International Edition

O'Melveny appoints quartet to leadership roles following raft of partner exits

O'Melveny & Myers has promoted four partners to leadership roles in the wake of several recent high-profile departures from the firm, reports The Am Law Daily. Silicon Valley partner Steven Tonsfeldt has been named as the new leader of the firm's M&A practice group, succeeding Ilan Nissan, who is joining Dewey & LeBoeuf along with M&A partner Chris Nugent.
2 minute read

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