• October 10, 2013 |

    Pharoah leads for Slaughters on Thomas Cook's Egyptian sell-off

    Slaughter and May and Trowers & Hamlins have won the lead role advising Thomas Cook on the travel company's sale ofr tis Egyptian and Lebanese operations to business group Yusuf Bin Ahmed Kanoo. M&A corporate partner Tim Pharoah led the team advising longstanding client Thomas Cook Group on the deal, while Trowers corporate partner Tony Poole headed up the team representing the buyer.

    1 minute read

  • October 10, 2013 |

    Top firms set to do battle at 2013 British Legal Awards

    Linklaters is leading the way in nominations for the top practice awards as the shortlist for the 2013 British Legal Awards has been unveiled. The magic circle has nominations M&A, banking, financing or restructuring, and commercial team of the year categories. However, it missed out on the law firm of the year shortlist.

    1 minute read

  • October 3, 2013 |

    Slaughters, Linklaters and Paul Weiss toast top roles on Stock Spirits IPO

    Slaughter and May and Linklaters have secured roles on the initial public offering of Stock Spirits Group on the main market of the London Stock Exchange, valuing the company at £600m-£800m. The offer will comprise £50m of new shares and the partial sale of existing shares held by funds managed by private equity firm Oaktree Capital Management and Stock Spirits' current and former managers.

    1 minute read

  • October 3, 2013 |

    British Gas snares Vodafone director for reinstated general counsel role

    British Gas has hired Vodafone UK's corporate and external affairs director Justine Campbell as general counsel following a shake-up of the energy giant's senior team. The recruitment of Campbell, who will join the company at the start of December, marks the reinstatement of the GC role after it was phased out following the departure of Melanie Rowlands in April 2012...

    1 minute read

  • October 2, 2013 |

    Slaughters and Pinsents lead on £550m facility for property developer

    Slaughter and May and Pinsent Masons have taken the lead roles on the arrangement of a £550m revolving credit facility for FTSE 250 property development and investment company Derwent London.

    1 minute read

  • September 19, 2013 |

    In muddy waters, profit margin provides some clarity about best-managed firms

    There is no 'silver bullet' metric for measuring the strength and performance of law firms. But profit margins may be a better guide than much-maligned, though closely followed, profits per equity partner (PEP). Average net profit margins at the top 50 firms by revenue – at least the ones that disclose full financial performance – have remained fairly stable over the past three years, rising from 25.8% in 2010-11 to 26.6% in 2011-12, before slipping back to 26.2% in 2012-13, according to Legal Week analysis.

    1 minute read

  • September 17, 2013 |

    Slaughters and Freshfields lead on landmark Lloyds disposal

    Magic circle duo Slaughter and May and Freshfields Bruckhaus Deringer have taken advisory roles on the government's disposal of a 6% stake in Lloyds Banking Group, raising £61m for the Treasury. UK Financial Investments (UKFI), the company set up to manage the Treasury's shareholding in Lloyds, yesterday (16 September) announced its intention to sell a stake worth around £3.3bn by way of a share placement.

    1 minute read

  • September 15, 2013 |

    Slaughters' White takes up non-exec position at diversity company

    Former Slaughter and May executive partner Graham White has been appointed to the board of diversity recruitment company Rare. White will take up a non-executive position on Rare's board alongside four other non-executive directors including former Financial Times chairman David Bell and former Unisys general counsel and board member Sandra Teichman.

    1 minute read

  • September 12, 2013 |

    US M&A three-year overview

    An overview of the biggest deals in the US from the past three years, with mandates for Baker & McKenzie, Slaughter and May, and Jones Day.

    1 minute read

  • September 12, 2013 |

    Links, Travers and DLA lead on David Lloyd Leisure sale

    Linklaters, DLA Piper and Travers Smith have taken the lead roles on the sale of David Lloyd Leisure to private equity group TDR Capital for a reported value of £750m. Linklaters advised TDR on M&A aspects of the deal, with a team led by corporate partner David Holdsworth. DLA Piper took the lead role for David Lloyd Leisure Operations Holdings, with corporate partner Ed Griffiths heading up the firm's team. The company is jointly owned by private equity firm Caird Capital and London & Regional Holdings Limited. Travers private equity partner Paul Dolman advised David Lloyd's management.

    1 minute read