• March 15, 2007 |

    A&O leads Imperial's £8bn bid for Spanish rival

    Allen & Overy (A&O) and Garrigues have won the lead roles on the €11.5bn (£7.85bn) approach by Imperial Tobacco for Spanish rival Altadis, announced earlier today (15 March). A&O is advising Imperial, the fourth-largest tobacco company in the world, with City-based corporate partner Jeremy Parr - who handles the magic circle firm's relationship with the client - leading the team.

    1 minute read

  • March 14, 2007 |

    Apax adds two firms to core line-up

    Private equity giant Apax Partners has reviewed its preferred adviser list - widening its panel to cover five firms. The private equity house has reappointed regular advisers Freshfields Bruckhaus Deringer, Ashurst and Weil Gotshal & Manges, while Allen & Overy (A&O) and Kirkland & Ellis have both won a coveted place on the roster for the first time.

    1 minute read

  • March 14, 2007 |

    Commentary: Cadwalader faces test as curtain draws on Wilkinson show

    So it was rumoured, so it has come to pass. The persistent gossip in restructuring circles was that Andrew Wilkinson would be quitting Cadwalader Wickersham & Taft as the Eurotunnel restructuring winds down for a major investment bank. And so, with Cadwalader's star confirming last week that he is moving to Goldman Sachs to co-head its restructuring department, he has.

    1 minute read

  • March 14, 2007 |

    Offshore: Fund raiser

    Guernsey recently witnessed the conclusion of an innovative securitisation deal which has boosted a new fund concept. The development of this highly successful product for Dominion PCC Limited saw aspects of the new funding structure breaking new ground. Established in December 2004, Dominion, a Guernsey open-ended investment fund structured as a protected cell company (PCC), offers 12 cells that invest either through life policies in the with-profits funds of Prudential International Assurance or Norwich Union International on either a leveraged or unleveraged basis.

    1 minute read

  • March 12, 2007 |

    London transport bodies to run joint projects panel

    Transport for London (TfL) and London Underground have united to appoint a joint panel for major projects work. A shortlist of 18 firms have been invited to tender for panel places, with the new panel - which carries a four-year term - set to take effect from July when London Underground's present panel arrangements expire.

    1 minute read

  • March 7, 2007 |

    Diary managerial masterclass: brand on the run

    "Does anything get the pulse racing quite like a re-branding exercise? What's that, you say? A £20bn buy-out with more leverage than a DLA Piper associate conference? Perhaps for you, sunshine. But not in the mid tier."You see, time is money. And if there's one thing our clients have plenty of, it's time. And money. But mostly time. And they can't afford to have it wasted with lengthy law firm names. Particularly not if they have to pronounce the entire name each time they need a spot of conveyancing done."

    1 minute read

  • 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