• October 16, 2013 |

    Cleary and Jones Day lead way on Inter Milan takeover

    Cleary Gottlieb Steen & Hamilton and Jones Day won the leading roles on the takeover of Inter Milan by a consortium of Indonesian investors. A trio of Indonesian businessmen, headed by media entrepreneur and billionaire Erick Thohir, bought a 70% stake in the Italian club in a deal announced yesterday (15 October).

    1 minute read

  • October 10, 2013 |

    BLP partner exits mount up as poor financials force firm to launch long-term strategy review

    Berwin Leighton Paisner (BLP) has suffered two further partner exits this week as it embarks on a review of its strategy. Corporate finance partner Michael Weir and finance partner Richard Todd mark the most recent departures, joining Jones Day and Mayer Brown respectively. Weir follows Raymond McKeeve, BLP's former global head of private equity, who left the firm in August to join Jones Day's London office.

    1 minute read

  • October 10, 2013 |

    Cleary and White & Case shine for diamond maker on $1.5bn Russian IPO

    Cleary Gottlieb Steen & Hamilton and White & Case have landed leading roles on diamond miner Alrosa's billion-dollar public offering. Through the Moscow listing, Alrosa's owners will sell a collective 16% stake in the company, estimated to be worth around $1.5bn (£930m). The governments of Russia and the autonomous Sakha Republic, where Alrosa is based, will each sell off 7% of the company, while management will sell 2%.

    1 minute read

  • October 8, 2013 |

    BLP private equity partner follows McKeeve to Jones Day

    Jones Day has landed its second private equity partner from Berwin Leighton Paisner (BLP) in two months, with the hire of Michael Weir in its London office. The appointment follows Jones Day's high-profile recruitment of BLP's former global head of private equity Raymond McKeeve in August.

    1 minute read

  • October 2, 2013 |

    Verizon advisers dominate as global deals show resurgence in Q3

    Advisers on the $130bn Vodafone-Verizon deal dominate the deal rankings for the third quarter of 2013, as global M&A values rise on the back of a spate of mega-mergers. Davis Polk & Wardwell, Wachtell Lipton Rosen & Katz and Simpson Thacher & Bartlett take the top three slots in Mergermarket's quarterly rankings of global deal advisers by value after landing roles on the combination, one of the largest in corporate history.

    1 minute read

  • October 1, 2013 |

    Mayer Brown raids SJB real estate team for second London lateral in a week

    Mayer Brown has recruited SJ Berwin real estate partner Pat Jones, marking the firm's second lateral hire in London in less than a week. Jones joins the firm today, after 10 years at SJ Berwin. She advises clients in the real estate and retail sectors on complex structured development, investment and joint ventures.

    1 minute read

  • September 30, 2013 |

    BLP confirms 40% PEP fall during 'challenging' 2012/13

    Berwin Leighton Paisner has confirmed its average profit per equity partner (PEP) figure for 2012/13 has dropped by nearly 40%, as previously reported by Legal Week in its UK Top 50 Following months of speculation about the scale of its profit decline BLP has revealed that this year's PEP figure stands at £401,000, down 39% from £660,000 in 2011/12. In addition net profit dropped 38% to £39.4m, from £63.6m last year.

    1 minute read

  • September 25, 2013 |

    Weil and Jones Day lead on $29bn Applied Materials mega-merger

    Weil Gotshal & Manges and Jones Day have landed roles on the $29bn (£18bn) merger of Applied Materials (AMAT) with fellow semiconductor producer Tokyo Electron (TEL). Weil took the lead for AMAT on the all-stock merger, which will create a global powerhouse in semiconductor and display manufacturing technology, with a team spread across Silicon Valley, New York and Washington lead by Silicon Valley M&A partners Keith Flaum and James Griffin.

    1 minute read

  • September 25, 2013 |

    Transfer Window Asia: recent moves including Clifford Chance, Mayer Brown and Eversheds

    Australian firm Gadens has added to its corporate team in Perth with the hire of King & Wood Mallesons partner David Perks. Having spent a decade at Mallesons, Perks has significant experience in Australia's M&A market, specialising in energy, projects and resources and advising clients such as BHP Billiton, CITIC Resources, Goldcorp and Focus Minerals.

    1 minute read

  • September 23, 2013 |

    The Transfer Window: recent moves including Eversheds, Bakers and OC

    Eversheds has hired Wragge & Co's head of UAE projects Gurmeet Kaur in a boost for the firm's Middle East projects team. Kaur, who will take on the same leadership role at her new firm, joined Wragges' Dubai office in 2011 from DLA Piper, where she had been a partner for three years. She will be based in Eversheds' Dubai office, and is also qualified to practise in Australia and Malaysia.

    1 minute read