• June 13, 2007 |

    Cleary wins E9bn role on energy tie-up as Italian consolidation continues apace

    Cleary Gottlieb Steen & Hamilton and Italian boutique Pavesi Getti have bagged the lead roles on a E9bn (£6.1bn) merger that will create Italy's third-largest energy company and biggest local utility.

    1 minute read

  • June 13, 2007 |

    Hengeler, Cleary wrap up €1bn Gerresheimer IPO

    Hengeler Mueller and Cleary Gottlieb Steen & Hamilton have bagged lead roles on the €1bn (£677m) initial public offering (IPO) of drug packaging maker Gerresheimer - the biggest completed float in Germany this year. Hengeler acted for Gerresheimer, with Frankfurt capital markets partner Daniela Favoccia leading a team including fellow partners Reinhold Ernst (capital markets), Matthias Blaum (corporate) and Heinrich Knepper (finance).

    1 minute read

  • May 25, 2007 |

    Skadden leads on $3.7bn Nasdaq-OMX tie-up

    New York giants Skadden Arps Slate Meagher & Flom and Cleary Gottlieb Steen & Hamilton have bagged roles on the $3.7bn (£1.9bn) acquisition of Nordic exchange operator OMX Group by Nasdaq. Skadden has teamed up with local outfit Cederquist to advise Nasdaq, while Cleary and Swedish leader Vinge are advising the target.

    1 minute read

  • May 24, 2007 |

    Latham don't give a damn about the dollar (for now)

    What a generous bunch they are at the City arm of Latham & Watkins. As reported in the current issue of Legal Week (see story), LA’s finest legal…

    1 minute read

  • May 23, 2007 |

    Latham boosts City pay with dollar exchange rate freeze

    Latham & Watkins is handing out bigger pay packets to its London associates than those in New York, with the US firm emerging as one of the highest-paying outfits in the City.

    1 minute read

  • May 22, 2007 |

    Manhattan duo lead GE's $12bn plastics sale

    Weil Gotshal & Manges and Shearman & Sterling have bagged lead roles on the sale by General Electric (GE) of its plastics business to Saudi Basic Industries in a $11.6bn (£5.9bn) deal. Shearman advised the buyer, with firm co-managing partner John Madden and New York-based corporate partner Stephen Besen leading the team acting on behalf of Saudi.

    1 minute read

  • May 22, 2007 | International Edition

    Second time lucky for Weil on Terra Firma's £3.2bn EMI bid

    Weil Gotshal & Manges' London arm has landed a second high-profile bid for Terra Firma - advising the private equity house on its £3.2bn takeover of EMI. City corporate partners Marco Compagnoni and Ian Hamilton are advising the sponsor on the bid, which was agreed by EMI's board on Monday (21 May), with banking partner Richard Ginsburg handling debt issues. The instruction comes just a month after Weil Gotshal advised the private equity house on its joint bid for Alliance Boots for more than £10bn.

    1 minute read

  • May 22, 2007 |

    Second time lucky for Weil on Terra Firma's £3.2bn EMI bid

    Weil Gotshal & Manges' London arm has landed a second high-profile bid for Terra Firma - advising the private equity house on its £3.2bn takeover of EMI. City corporate partners Marco Compagnoni and Ian Hamilton are advising the sponsor on the bid, which was agreed by EMI's board on Monday (21 May), with banking partner Richard Ginsburg handling debt issues. The instruction comes just a month after Weil Gotshal advised the private equity house on its joint bid for Alliance Boots for more than £10bn.

    1 minute read

  • May 21, 2007 |

    Cleary, Wachtell get call on $27.5bn telecoms LBO

    New York duo Cleary Gottlieb Steen & Hamilton and Wachtell Lipton Rosen & Katz have bagged the lead roles on the $27.5bn (£14bn) take-private of telecoms giant Alltel as the boom in big-ticket M&A in the US shows little sign of slowing. Cleary is advising the buyout consortium, which comprises Texas Pacific Group and the private equity arm of Goldman Sachs Group. Texas Pacific relationship partner Paul Shim led the team for the Manhattan giant, with acquisition finance partner Meme Stowers and corporate partner Duane McLaughlin assisting.

    1 minute read

  • May 16, 2007 |

    Wachtell, Cleary bag $4.5bn optician buy-out

    Elite Manhattan firms Wachtell Lipton Rosen & Katz and Cleary Gottlieb Steen & Hamilton have bagged the lead roles on Warburg Pincus' $4.5bn (£2.3bn) acquisition of opticians Bausch & Lomb. Cleary advised the buyer, with M&A partners Robert Davis and David Leinwand spearheading the New York-based team alongside finance partner Meme Stowers.

    1 minute read