Construction group Carillion has instructed Slaughter and May’s corporate heavy hitter William Underhill and fellow corporate partner Kathy Hughes to advise on a proposed £3bn merger with UK rival Balfour Beatty, which has turned to Linklaters’ M&A veteran and longstanding adviser Iain Fenn.
Linklaters has kept on 93% of qualifying trainees in its latest cohort, up on the 86% spring 2014 retention rate.
Having already announced a double partner promotion in Hong Kong at the start of the year Slaughter and May today (23 July) announced that Hong Kong corporate associate Charlton Tse has been made up to partner, marking the tenth promotion of 2014 and the highest number since 2000.
Freshfields Bruckhaus Deringer’s London managing partner Julian Long has advised Liberty Global on the US media group’s £481m purchase of BSkyB’s 6.4% stake in UK broadcaster ITV, with Herbert Smith Freehills acting for BSkyB.
As the Co-operative Group moves to reduce its £1.2bn capital deficit and focus on core business lines it has turned to longstanding advisers Allen & Overy (A&O) and Addleshaw Goddard to lead on the £620m sale of its pharmaceutical business to Bestway Group, advised by Hogan Lovells.
Ashurst’s head of real estate investment David Jones has advised opposite Reed Smith on the £300m purchase of a 50,000 sq ft strip of prime real estate on New Bond Street, the first time in 40 years that the privately-owned Central London properties have been on the market.
Cleary Gottlieb Steen & Hamilton’s London office has advised Whirlpool, the world’s largest manufacturer of home appliances, on its $1.04bn purchase of a majority stake in Italy’s Indesit as the company looks to expand outside the US.
Baker & McKenzie has opened a third office in Australia, launching in Brisbane as it targets expansion into energy and resource-rich jurisdictions.
Following a rigorous eight-month selection process, London-based projects partner Bill Voge has been elected to take over from Latham & Watkins retiring global chair and managing partner Robert Dell, who leaves the firm after two decades in management and an increase in revenue from $260m at the start of his tenure to $2.285bn in the …
After announcing a return to form financially, with both revenue and profits up for 2013/14, Simmons & Simmons managing partner Jeremy Hoyland says that Asia, at times unprofitable ground for international firms in recent years, is critical to his firm’s strategic development.
