The deal teams of elite City firms have seen a busy end of July amid several multibillion-pound deals, as the London Stock Exchange (LSE) launched a $27bn bid to acquire Refinitiv and Advent International announced the £4bn acquisition of UK aerospace supplier Cobham. Meanwhile, another private equity house investing in the UK aviation industry, CVC Capital Partners, acquired BBA Aviation’s aircraft parts unit Ontic for $1.37bn.
Freshfields Bruckhaus Deringer’s co-head of financial institutions Andrew Hutchings and corporate partner Stephen Hewes are leading the team advising the LSE, which confirmed on Saturday it is in talks to buy financial markets data provider Refinitiv. Allen & Overy (A&O) is advising Refinitiv’s minority shareholder Thomson Reuters on the deal, led by London partners Richard Evans, Alasdair Balfour and Bob Penn alongside Washington DC partners Chris Salter and Anthony Mansfield.
