Deals

Thomas Cook

Dentons and Reed Smith win roles on Thomas Cook sale

Dentons and Reed Smith have taken the leading roles on eSky Group’s purchase of travel business Thomas Cook. Dentons private equity partner Nicholas Plant, along with Michał Wasiak, a partner in the firm’s Warsaw office, were at the helm of the team for Polish purchaser eSky. They were supported by corporate associate Alex Macdonald, IP […]

logistics and warehouse

Ashurst and Slaughters lead as Segro buys property rival

Slaughter and May is advising longtime client Segro on the property investment company’s purchase of Tritax Eurobox. Corporate partners David Johnson and Sally Wokes are leading for the London-listed warehouse heavyweight, Segro. Meanwhile, the target Tritax is being advised by Ashurst. Corporate partners Karen Davies and Simon Bullock are at the helm of the team, […]

Linklaters

City talk: The Linklaters client that keeps on giving

“If you were doing an MBA on what makes a good M&A story, then this it,” says Linklaters partner Derek Tong on Carrier Global’s €12bn purchase of Viessmann Climate Solutions – a deal that won the firm the prestigious corporate trophy at this year’s The Lawyer Awards. This was the first of four transactions that […]

Pringles

US giants lead on Mars’s $36bn purchase of Pringles maker

Firms including Skadden Arps Slate Meagher & Flom and Kirkland & Ellis are at the helm of Mars’s bumper acquisition of US food manufacturer Kellanova. Skadden is taking the lead for food conglomerate Mars, with New York M&A partners Howard Ellin, Neil Stronski and June Dipchand steering the team, supported by associates Sean Coburn and […]

Daniel Turgel, White & Case

City talk: White & Case has a five-year tech story to tell

If you’ve lately gone on a European city break, chances are you may have used one of White & Case’s clients to get around and see the sights. Tier Mobility operates e-scooters and e-bikes across Europe, seeking advice from White & Case for over five years on its journey from start-up to global provider. A […]

Hargreaves Lansdown

Seven firms cash in on £5.4bn Hargreaves Lansdown takeover

Seven firms including Kirkland & Ellis and Freshfields Bruckhaus Deringer have landed leading roles on the £5.4bn takeover of investment platform Hargreaves Lansdown (HL). The consortium of bidders comprises CVC Capital Partners, Nordic Capital and Platinum Ivy, a wholly-owned subsidiary of the Abu Dhabi Investment Authority. Kirkland & Ellis led for the consortium, with corporate partners […]

Cancelled

Two lawyers blacklisted by UK M&A watchdog

The City of London’s mergers and acquisitions watchdog Takeover Panel has given 10 individuals, including two lawyers, the “cold shoulder” after what has been described as the “most complex investigation” in the history of the organisation. Camille Froidevaux and Patrice Huguenin, both of Swiss firm Budin Associés’ Geneva office, were hit with the sanction – […]

Metro Bank

Hogan Lovells and Pinsents lead as NatWest buys Metro Bank portfolio

Hogan Lovells and Pinsent Masons have scored roles on a deal that will see NatWest purchase nearly £2.5bn worth of Metro Bank’s residential mortgage portfolio. The two firms are the latest to get involved in recent transactional efforts made by Metro Bank to bolster its finances and manage potential risks to its clients and shareholders. […]

Cannes Lions

Clifford Chance and Slaughters win roles on Informa’s £1.2bn purchase

Clifford Chance and Slaughter and May are both cashing in on longstanding ties to PLC clients with Informa’s proposed acquisition of Ascential. Clifford Chance is leading for FTSE 100 company Informa, a UK heritage events business, on its acquisition of PLC rival Ascential – the operator of Cannes Lions and Money20/20. The deal is valued […]

CC

City talk: Clifford Chance’s corporate strategy still relies on its banking roots

For elite firms with ties to big banks, the first half of 2024 has been fruitful for corporate transactions. Sainsbury’s banking business was sold to NatWest Group last month, with Linklaters and A&O Shearman advising, while Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings led on Co-operative Bank’s sale to Coventry Building Society in an […]