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International Edition

Linklaters takes lead role on $1.7bn Apax buyout of fashion retailer

Linklaters has taken a lead role alongside three European firms on Apax Partners' $1.7bn (£1.1bn) acquisition of German fashion retailer Takko from private equity firm Advent. Linklaters and Germany's Wolf Theiss advised Apax on the deal, which comes three years after the company was bought by Advent from rival buyout house Permira.
2 minute read

International Edition

Former Camerons MP contender joins Edwards Angell's London office

Edwards Angell Palmer & Dodge has added to its City transactional practice with the hire of a former corporate partner from CMS Cameron McKenna. Niall McAlister, who left Camerons last summer, joined the London office of the US firm earlier this week (4 January). His practice focuses on M&A, joint ventures, private equity and venture capital transactions, in particular cross-border transactions in the life sciences sector.
2 minute read

International Edition

White & Case recruits Simmons City partner as corporate duo quit firm

Simmons & Simmons' London corporate practice is to see two partners depart, with Gavin Weir set to leave next month to join White & Case, while US securities partner Daniel Winterfeldt quit the firm in December. Weir will formally leave Simmons at the end of February to become the ninth M&A partner in White & Case's London office. He has been a partner at Simmons since 2006, when he joined from Allen & Overy.
2 minute read

International Edition

A&O Paris corporate chief leaves to launch new boutique

Allen & Overy's (A&O's) Paris corporate head Nicolas Bichot has left the firm to set up his own corporate and tax boutique. The new boutique, Bichot & Associes, sees Bichot join forces with former A&O tax partner Patrice Couturier, with A&O corporate associates Charles-Noel van den Broek and Mathieu Odet also joining as partners.
2 minute read

International Edition

Simmons corporate partner quits firm to join Fried Frank's London office

Simmons & Simmons City corporate partner Richard May has left the firm for a move to Fried Frank Harris Shriver & Jacobson. May joined the corporate department in the US firm's London office on Tuesday (4 January). The long-serving Simmons partner focuses
2 minute read

International Edition

Debevoise City arm leads on Russian merger creating $23.9bn company

Debevoise & Plimpton's London and Moscow offices have picked up a lead advisory mandate on the merger of Russian potash companies Uralkali and Silvinit, in a deal that will create a combined business worth $23.9bn (£15.4bn). Debevoise has advised Uralkali on the merger, which will see Uralkali acquire 20% of Silvinit for $1.4bn (£903,300m) and complete the tie-up through a share swap.
2 minute read

International Edition

CC and Weil lead on $1.1bn Siemens deal

Clifford Chance (CC) and Weil Gotshal & Manges have advised on Siemens' $1.1bn (£707m) sale of its information technology services unit to French rival Atos Origin, reports The Am Law Daily. Siemens instructed regular adviser CC for advice on the deal, with Munich partners Jan Wrede and Nicole Englisch and Paris partner Catherine Astor-Veyres leading the firm's team. Siemens' in-house team was led by Karin Flesch.
2 minute read

International Edition

Freshfields signs up A&O partner to lead Mid East & North Africa group

Freshfields Bruckhaus Deringer has recruited Allen & Overy (A&O) partner Pervez Akhtar as the firm's new corporate head for the Middle East and North Africa (MENA). Akhtar will be based in Freshfields' Dubai office and take over from current MENA head Bertrand Pellet, who will continue as a partner in the practice.
2 minute read

International Edition

Ex-Freshfields corporate partner joins White & Case's London office

White & Case has added to its City M&A capabilities with the hire of former Freshfields Bruckhaus Deringer corporate partner David Crook. Crook, who was a partner for over a decade at the magic circle firm before leaving last year, focuses on domestic and cross-border transactions for UK and international corporate and financial institution clients.
2 minute read

International Edition

Orrick sued by Coudert estate for dealing 'fatal blow' to defunct firm

Orrick Herrington & Sutcliffe has been sued by the administrator overseeing the liquidation of Coudert Brothers for delivering the "fatal blow" to the defunct firm by poaching partners while simultaneously holding merger talks, reports The New York Law Journal. The suit against Orrick alleges that the US firm interfered with Coudert's business and aided and abetted in partners' breach of their fiduciary duty.
3 minute read

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