• September 12, 2008 |

    Freshfields leads on €2.79bn Deutsche Bank deal

    Freshfields Bruckhaus Deringer has taken the top role on the latest German banking mega-deal, advising Deutsche Post on the sale of a 29.75% stake in Postbank to Deutsche Bank for €2.79bn (£2.22bn). The magic circle firm's German arm advised on the deal, which closed today (12 September).

    1 minute read

  • September 2, 2008 |

    Hammonds, Shearman score roles on Mid East Man City takeover

    Hammonds and Shearman & Sterling have taken the lead roles advising on the takeover of Manchester City FC by a group of Abu Dhabi investors - reportedly valuing the club at around £200m. Manchester City has instructed regular adviser Hammonds, with client relationship partner David Hull leading the team acting on the majority stake takeover by the Abu Dhabi United Group for Development and Investment (ADUG).

    1 minute read

  • September 1, 2008 | International Edition

    US duo lead on Commerzbank's €9.8bn banking takeover

    New York leaders Shearman & Sterling and Sullivan & Cromwell have bagged top roles on insurance giant Allianz's €9.8bn (£7.9bn) sale of Dresdner Bank to German rival Commerzbank. Shearman is advising Allianz on the deal fielding a team including Duesseldorf-based co-managing partner Georg Thoma. The US firm's German arm has close links with Allianz and advised on its takeover of Dresdner in 2001. Thoma has also worked on deals including Shearman's 2005 acquisition of the outstanding 45% stake in Italian insurer Riunione Adriatica di Sicurta.

    1 minute read

  • September 1, 2008 |

    US duo lead on Commerzbank's €9.8bn banking takeover

    New York leaders Shearman & Sterling and Sullivan & Cromwell have bagged top roles on insurance giant Allianz's €9.8bn (£7.9bn) sale of Dresdner Bank to German rival Commerzbank. Shearman is advising Allianz on the deal fielding a team including Duesseldorf-based co-managing partner Georg Thoma. The US firm's German arm has close links with Allianz and advised on its takeover of Dresdner in 2001. Thoma has also worked on deals including Shearman's 2005 acquisition of the outstanding 45% stake in Italian insurer Riunione Adriatica di Sicurta.

    1 minute read

  • August 26, 2008 |

    A&O taps Cadwalader for China office hire

    Allen & Overy (A&O) has bolstered its China offering with the hire of the former managing partner of Cadwalader Wickersham & Taft's Beijing office.

    1 minute read

  • August 7, 2008 |

    Top firms line up as SocGen kicks off review

    French banking giant Societe Generale (SocGen) is reviewing its global panel of legal advisers, with a raft of City and international firms applying to be considered. Firms will be appointed to the panel for a three-year period starting on 1 January, 2009, with the initial deadline for applications closing at the end of last month. SocGen general counsel Frederic de Brouwer and deputy head of legal for Europe, competition law and group legal David Bourdon are understood to be co-ordinating the review.

    1 minute read

  • August 7, 2008 |

    Shearman sacks associate after student strip club complaint

    Shearman & Sterling has dismissed an associate in its London office after a vacation scheme student made a formal complaint about his behaviour during a night out. The student, who has subsequently accepted a training contract position with another firm, lodged a formal complaint to Shearman alleging that she was taken to a strip club by the associate who then sexually harassed her. An internal investigation at Shearman has resulted in the associate in question leaving the firm.

    1 minute read

  • August 7, 2008 |

    O'Melveny's Puff to join Shearman HK office

    Shearman & Sterling has boosted its Hong Kong office with the hire of O'Melveny & Myers partner and Asian M&A head Gregory Puff. Puff was an associate with Shearman from 1993 to 2002 but has rejoined the firm as a partner specialising in public and private mergers and hostile transactions.

    1 minute read

  • July 30, 2008 | International Edition

    Shearman and Weil to advise on GE's Abu Dhabi investment tie-up

    Shearman & Sterling and Weil Gotshal & Manges have come together to advise on a multibillion-dollar partnership between Abu Dhabi's state investment vehicle, Mubadala, and General Electric (GE). Shearman's New York office has taken the lead role for Mubadala, which last week (22 July) announced it is set to become one of GE's 10 largest institutional investors through the agreement, which will also see each company invest $4bn (£2bn) in a jointly-owned financial services company based in Abu Dhabi.

    1 minute read

  • July 30, 2008 |

    Shearman and Weil to advise on GE's Abu Dhabi investment tie-up

    Shearman & Sterling and Weil Gotshal & Manges have come together to advise on a multibillion-dollar partnership between Abu Dhabi's state investment vehicle, Mubadala, and General Electric (GE). Shearman's New York office has taken the lead role for Mubadala, which last week (22 July) announced it is set to become one of GE's 10 largest institutional investors through the agreement, which will also see each company invest $4bn (£2bn) in a jointly-owned financial services company based in Abu Dhabi.

    1 minute read