SLAUGHTERS AND LINKS ACT ON SANTANDER AND UNICREDIT’S ASSET MANAGEMENT TIE-UP
Slaughter and May, best-friend firm Uría Menéndez and Davis Polk & Wardwell in the US were instructed by Santander as it combined its asset management arm with Linklaters’ client UniCredit’s Pioneer Investments. The deal created one of Europe’s biggest asset managers, with €350bn under management.
KING & SPALDING AND K&L GATES LEAD AS US BIOTECH LISTS ON AIM
King & Spalding picked up the work in London as Californian biotech company Verseon made a £300m stock market listing on the London Stock Exchange’s AIM index last month while Covington & Burling advised from San Francisco. K&L Gates also worked on the deal, advising nominated adviser and broker Cenkos Securities.
US FIRMS TAKE LEAD ROLES ON ALTICE’S BILLION-DOLLAR BUY OF SUDDENLINK STAKE
Latham & Watkins took the lead role for the owners of US cable operator Suddenlink, BC Partners and CPP Investment Board, as they sold a 70% stake in the business to Europe-based Altice Group. Mayer Brown’s Paris and New York offices advised Altice on the deal which valued Suddenlink at $9.1bn, alongside Covington & Burling in the US. The City offices of Ropes & Gray and Paul Hastings advised on the financing.
FRESHFIELDS AND SHEARMAN ADVISE AS INTEGRATED DIAGNOSTICS LISTS IN LONDON
Freshfields Bruckhaus Deringer advised Integrated Diagnostics Holdings as it listed in London, valued at $668m. Its team was led by London-based Stuart Grider and Dubai partner Pervez Akhtar. Shearman & Sterling advised the joint global co-ordinators Deutsche Bank and EFG Hermes, as well as bookrunner Citigroup, with a team based in London, the US and Abu Dhabi.