After a turbulent period outside the deal rooms for some of the world’s largest corporate firms, Latham & Watkins and Baker McKenzie have won key corporate mandates while Herbert Smith Freehills (HSF) landed a main market IPO on the London Stock Exchange (LSE).
Latham has taken on a significant advisory role for Telenor as it agreed to sell its assets in Central and Eastern Europe to PPF Group for €2.8bn. The deal includes Telenor’s wholly-owned mobile operations in Hungary, Bulgaria, Montenegro and Serbia, and the technology service provider Telenor Common Operation. Latham fielded a team led by London partner Robbie McLaren. The key mandate will be a welcome relief for Latham, in a week where the firm was faced with fallout from Bill Voge’s shock resignation while Kirkland & Ellis passed it to became world’s highest-grossing law firm.
