• March 19, 2007 |

    City duo book places on First Choice-TUI tie-up

    Allen & Overy (A&O) and Herbert Smith have landed the lead roles on the latest major tie-up in the fast-consolidating travel sector - the merger bid between UK holiday giant First Choice and German group TUI. The deal, which was announced today (19 March), will see First Choice combine with the tourism arm of TUI to create TUI Travel - a London-listed company with annual revenues of around £12bn.

    1 minute read

  • March 15, 2007 | International Edition

    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 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 |

    Slaughters, CC win roles on KKR's Boots bid

    Magic circle duo Slaughter and May and Clifford Chance (CC) have bagged leading roles on Kohlberg Kravis Roberts & Co's (KKR's) high stakes £9.7bn bid for Alliance Boots.

    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 |

    Olswang and A&O lead on £375m RoadChef acquisition

    Olswang has advised opposite magic circle firm Allen & Overy (A&O) on the £375m sale of motorway services group RoadChef. Olswang advised regular Israeli property client Delek Real Estate on its acquisition of RoadChef from Nikko Principal Investments, with a team led by property partner Philip Olmer. The deal is the largest Olswang has handled for the client.

    1 minute read

  • March 14, 2007 |

    What students want

    Anyone with teenage children will appreciate the problems in understanding exactly what makes them tick - and it seems that graduate recruitment is suffering from a similar syndrome. Since today's graduate recruitment partners were students, the economics and philosophy of higher education have changed radically, which in turn has significantly altered the outlook and priorities of students and graduates. These are the main findings of the inaugural Legal Week Intelligence Student Survey, which questioned more than 2,000 students at the Russell Group of leading UK universities, from which the vast majority of trainees are hired by commercial firms.

    1 minute read

  • March 14, 2007 |

    Deal Week's Manhattan transfer finds New Yorkers less than bullish

    Breakfast with Cravath, coffee with Sullivan, now on to Wachtell – it has been a busy week on Legal Week’s ongoing tour of Manhattan.The…

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  • March 14, 2007 | International Edition

    CC bags KKR mandate on Alliance Boots bid

    Clifford Chance (CC) has bagged a key mandate opposite magic circle rival Slaughter and May to advise on the £9.7bn takeover bid for Alliance Boots by Kohlberg Kravis Roberts & Co. CC joined Simpson Thacher & Bartlett to advise the US private equity giant on its offer for regular Slaughters client Alliance Boots, which rejected the bid earlier this week (12 March).

    1 minute read