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  • September 2, 2013 |

    Slaughters and Macfarlanes lead on $130bn Vodafone-Verizon deal as Links misses out

    Slaughter and May and Macfarlanes have taken lead roles on Vodafone's $130bn (£84bn) sale of its 45% stake in US mobile operator Verizon Wireless, with regular Vodafone adviser Linklaters missing out on one of the largest corporate deals in history. The sale, to US telecoms giant Verizon Communications, has also handed roles to a trio of US firms - Wachtell Lipton Rosen & Katz and Debevoise & Plimpton for Verizon and Simpson Thacher & Bartlett for Vodafone.

    1 minute read

  • August 27, 2013 |

    Skadden, K&L Gates lead as Baidu takes stake in group-buying site

    Skadden Arps Slate Meagher & Flom and K&L Gates were lead advisors as Chinese social networking company Renren agreed to sell shares of its Groupon-like subsidiary Nuomi Holdings to Chinese internet search giant Baidu. The deal, which remains subject to approval, will see Baidu take a 59% equity interest in Nuomi for a purchase price of $160m, giving it a bigger share of China's fast-growing group-buying market.

    1 minute read

  • July 9, 2013 |

    US trio lead on buyout of Times Educational Supplement publisher

    Cleary Gottlieb Steen & Hamilton, Shearman & Sterling, Simpson Thacher & Bartlett and Travers Smith have all taken roles on private equity house TPG Capital's acquisition of Times Education Supplement (TES) publisher TSL Education, from Charterhouse Capital. The deal, which makes TPG the fourth owner of the business in eight years, is reported to be worth around £400m and is expected to close in the third quarter of 2013.

    1 minute read

  • July 4, 2013 |

    Links tops H1 Euro M&A rankings as deal volumes fall to three-year low

    Linklaters has emerged as the top-ranked European M&A adviser for the first half of 2013, as deal values and volumes across the continent fall to their lowest levels since 2010. Research from Legal Week's exclusive data provider Mergermarket shows that the firm advised on 87 European deals with a total value of $72bn (£47bn) during the six-month period, while the firm also topped the UK rankings by value, with roles on 32 deals worth a total of $32bn (£21bn).

    1 minute read

  • June 23, 2013 |

    Freshfields, Simpson Thacher line up for multibillion-dollar Alibaba IPO

    Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett are understood to have taken much-coveted roles on the Hong Kong initial public offering (IPO) of Alibaba, China's largest e-commerce company. The potential listing, which has attracted much market interest, is set to be the biggest IPO since Facebook's high-profile listing last year.

    1 minute read

  • June 20, 2013 |

    Linklaters and Simpson Thacher forge close relationship for key deals

    Linklaters has struck up a relationship with Simpson Thacher & Bartlett to jointly advise clients on corporate and finance deals as the magic circle firm continues its push into the high-yield bond market. The UK firm is working increasingly closely with the Wall Street leader in a non-exclusive relationship that sees it combine its banking and high-yield expertise with Simpson Thacher's strengths on the sponsor side. The relationship has seen the firms jointly advise major private equity houses including Apax and KKR, with the firms both advising the clients independently in the past.

    1 minute read

  • June 10, 2013 |

    Legal recruiter sues Davis Polk for $1.4m over hire of CC HK partner duo

    Davis Polk & Wardwell is being sued for $1.4m (£899,000) by a legal recruiter who claims he played a key role in the firm's hire of top-ranked Hong Kong litigation partners Martin Rogers and James Wadham from Clifford Chance (CC). Rogers - CC's former Asia-Pacific litigation and dispute resolution head - and Wadham were hired by David Polk last December.

    1 minute read

  • June 2, 2013 |

    Sullivan and Simpson Thacher advise on £3.1bn Japan listing of Suntory unit

    Simpson Thacher & Bartlett and Sullivan & Cromwell have scored lead roles on the $4.7bn (£3.1bn) initial public offering (IPO) of Suntory Holdings's non-alcoholic drinks arm, Suntory Beverage & Food (SB&F). The Japanese drinks giant received approval for the listing the subsidiary business last week, which it plans to list on the Tokyo Stock Exchange in July with 125.2m shares up for sale at Y3,800 (£24.72) each.

    1 minute read

  • May 31, 2013 |

    Simpson Thacher and Kirkland advise on Hong Kong IPO of Chinese luxury car dealer

    Simpson Thacher & Bartlett and Kirkland & Ellis have advised on the Hong Kong listing of China Harmony Auto Holding. The two US firms closed the deal this week, with the luxury car dealer reportedly selling 275 million shares at HK$6.08 to HK$8.88 each in the hopes of raising HK$2.4bn (£203m).

    1 minute read

  • May 30, 2013 |

    Five firms lead on landmark $7.1bn China takeover of US meat giant

    Five US firms have taken lead roles on a major M&A deal which is set to become the largest-ever Chinese takeover of a US company. China meat processing giant Shuanghui International Holdings has this week offered to buy the world's largest pork producer, Smithfield Foods, for a price of $7.1bn (£4.7bn).

    1 minute read