Advisory roles in Sumitomo Corporation’s €751m takeover of Irish banana firm Fyffes have been split between a raft of US and Irish firms including Morgan, Lewis & Bockius, Skadden, Arps, Slate, Meagher & Flom, A&L Goodbody and Arthur Cox. Continue reading “Morgan Lewis and A&L Goodbody act as Fyffes ripe for Japanese takeover”
Linklaters, Cleary and White & Case advise as Glencore and Qatar take stake in Rosneft
Linklaters, Cleary Gottlieb Steen & Hamilton and White & Case are advising as Glencore and the Qatari Investment Authority (QIA) offer to take a €10.5bn stake in Russian oil giant Rosneft. Continue reading “Linklaters, Cleary and White & Case advise as Glencore and Qatar take stake in Rosneft”
‘A competitive auction’: Clifford Chance and CMS advise as consortium buys majority of National Grid
Clifford Chance, CMS Cameron McKenna, Linklaters and Eversheds have advised as National Grid has agreed the sale of its gas pipe network with an enterprise value of approximately £13.8bn to a consortium of bidders. Continue reading “‘A competitive auction’: Clifford Chance and CMS advise as consortium buys majority of National Grid”
Deal watch: Corporate activity in December 2016
TRAVERS AND W&C LEAD ON LATEST BRIDGEPOINT DEAL
Travers Smith advised long-time client Bridgepoint as it sold off Oasis Dental Care to White & Case client Bupa for £835m. DLA Piper also acted on the deal, advising the dental firm’s management team.
Continue reading “Deal watch: Corporate activity in December 2016”
Pinsents lands Scotland’s corporate deal of the year in £1.4bn Skyscanner sale
In Scotland’s biggest corporate deal this year, Pinsent Masons, Travers Smith and Skadden, Arps, Slate, Meagher & Flom all won roles acting on the sale of Skyscanner for £1.4bn. Continue reading “Pinsents lands Scotland’s corporate deal of the year in £1.4bn Skyscanner sale”
Latham acts on long-time client Siemens $4.5bn software buy
Latham & Watkins and O’Melveny & Myers have won roles on German engineering group Siemens’ $4.5bn acquisition of US based software provider Mentor Graphics. Continue reading “Latham acts on long-time client Siemens $4.5bn software buy”
Deal watch: Corporate activity in November 2016
PE DOUBLE FOR CC
Clifford Chance (CC) completed two major private equity deals in a month, advising as Cinven, Permira and Mid Europa Partners acquired Allen & Overy client Allegro for $3.3bn. In addition, CC acted for Cinven as well as CVC Capital Partners on the acquisition of consumer finance provider NewDay, opposite Slaughter and May, which advised long-time client and seller Värde Partners, and Jones Day, which represented the management of NewDay.
Continue reading “Deal watch: Corporate activity in November 2016”
Allen & Overy and DLA Piper chip in as US elite act on $47bn Qualcomm deal
Allen & Overy (A&O) and DLA Piper have won roles among US heavyweights as Qualcomm acquires Dutch firm NXP Semiconductors for $39bn. Continue reading “Allen & Overy and DLA Piper chip in as US elite act on $47bn Qualcomm deal”
Herbert Smith Freehills and Cravath act as BAT lights up $47bn Reynolds takeover
Herbert Smith Freehills (HSF) and Cravath, Swaine & Moore are advising British American Tobacco (BAT) on its offer to acquire the remaining 57.8 % stake in Reynolds American for $47bn. BAT had already owned 42.2% of Reynolds for the last 12 years. Continue reading “Herbert Smith Freehills and Cravath act as BAT lights up $47bn Reynolds takeover”
‘Challenging and complex’: Clifford Chance continues solid PE run with Allegro club deal
Clifford Chance (CC) and Allen & Overy have taken lead advisory roles on the $3.3bn acquisition of Allegro Group, Poland’s largest online marketplace and non-food shopping destination, to funds trio, Cinven, Permira, and Mid Europa.