• March 6, 2007 |

    Ashurst joins Slaughters on £1bn Countrywide sale

    Ashurst has bagged a major role opposite Slaughter and May acting for longstanding client Countrywide on the £1bn takeover approach from US private equity group Apollo Management. Ashurst is advising Countrywide - the UK's largest estate agent - on a bid that values the group at 590p per share.

    1 minute read

  • March 5, 2007 |

    Blackstone backs Ashurst on £1bn Tussauds deal

    Ashurst has bagged a lead role advising on the £1bn acquisition of the Tussauds Group by private equity giant Blackstone. The City giant is advising Blackstone and its leisure parks business, Merlin Entertainments, on its £1.03bn purchase of the Tussauds Group from Dubai International Capital (DIC) Corporate partner Charlie Geffen is leading the Ashurst team, alongside associates Mark Sperotto, Gavin Gordon and David Arnold.

    1 minute read

  • March 5, 2007 |

    Fulbright raids Ashurst for energy partner

    Fulbright & Jaworski has bolstered its London office with the hire of Ashurst energy partner Jeremy Sheldon. Sheldon left Ashurst on Friday (2 March) and is expected to join Fulbright in mid-March. Sheldon became a partner in 2000 and has a particular focus on domestic and international electricity and oil and gas deals both from a corporate and infrastructure perspective. He spent part of his time with Ashurst in India.

    1 minute read

  • March 5, 2007 | International Edition

    Fulbright raids Ashurst for energy partner

    Fulbright & Jaworski has bolstered its London office with the hire of Ashurst energy partner Jeremy Sheldon. Sheldon left Ashurst on Friday (2 March) and is expected to join Fulbright in mid-March. Sheldon became a partner in 2000 and has a particular focus on domestic and international electricity and oil and gas deals both from a corporate and infrastructure perspective. He spent part of his time with Ashurst in India.

    1 minute read

  • February 28, 2007 |

    Top LBO trio tighten grip but primary market slows

    With the acquisition finance market slowing after a hectic 2006, leading finance partners are more eager than ever to position themselves with the select band of sponsors and arranging banks still getting deals to market. Recent months have seen established teams such as Clifford Chance (CC), Allen & Overy (A&O) and Ashurst tighten their grip on the market with the trio signing a string of a multibillion-pound deals (see table below), despite the recent struggle of sponsors to secure acquisitions in Europe.

    1 minute read

  • February 28, 2007 |

    Lovells calls in BLG to prepare case for the defence in JP Morgan court contest

    Lovells has instructed Barlow Lyde & Gilbert to defend it in a High Court battle against JP Morgan. The top 10 City firm is being sued by the investment bank in relation to advice it gave Finnish insurer Sampo on its £143m acquisition of Norwich Union's Polish life and pensions businesses in 2000.

    1 minute read

  • February 28, 2007 |

    Norton Rose beats Ashurst to head Hemscott corporate adviser league

    Norton Rose has topped rankings of corporate advisers, taking over from Ashurst as the firm with the most quoted UK clients. Hemscott's quarterly corporate adviser rankings show Norton Rose in pole position with 120 stock market clients, Slaughter and May in second with 113 quoted clients, Ashurst and Eversheds in equal third place with 110 clients and Pinsent Masons in fifth place with 97 clients.

    1 minute read

  • February 28, 2007 |

    Deals: M&A 01/03/2007

    Addleshaw Goddard has advised Barclays Private Equity on the sale of clothing retailer Phase Eight valuing the company at £51.5m. Corporate partner Simon Pilling led the team. Phase Eight has been acquired by an investor consortium composed of management, Kaupthing Principal Investments, the Tchenguiz Family Trust and retail investors Michael Rahamim, Saj Shah and Ian Findlay. Eversheds advised the investor consortium and Pinsent Masons advised management.

    1 minute read

  • February 28, 2007 |

    Dubai the way...

    Maybe it's the heat, or the shortage of places where you can get a drink of something stiff, but everyone in Dubai has gone hire-crazy of late. With firms including Herbert Smith, Lovells and Ashurst all hiring partners from City rivals, there has been more bed-hopping in Dubai of late than an episode of 'Allo 'Allo.

    1 minute read

  • February 28, 2007 |

    Letter 's' goes missing in Nabarros re-brand

    Nabarro Nathanson has re-branded as 'Nabarro', following an image re-vamp. The firm announced today (28 February) that it is now trading as Nabarro following a re-branding exercise that has resulted in a new logo based on repetition of the letter 'N' and an improved website, which can be found at nabarro.com.

    1 minute read