Amid a relative dearth of substantial European buyouts recently, the proposed €6.2bn acquisition by France’s Alstom of the rail business of Canadian counterpart Bombardier will come as a boon for the international offices of Cleary Gottlieb Steen & Hamilton and Norton Rose Fulbright. Alstom said on Monday (17 February) it had signed an agreement with …
In an increasingly tumultuous market, the Nordic region has thus far remained resilient to pressures; as the Covid-19 pandemic begins to abate, new stressors, such as the war in Ukraine and global economic downturn are starting to affect investment and deal flow across Norway, Sweden, Denmark and Finland. With the countries’ proximity to Russia, and …
Continue reading “Euro Elite 2023: Nordics – New challenges”
In what should be difficult times, our annual Euro Elite survey finds the 100 leading firms across more than 40 jurisdictions largely in great shape and looking forward to 2022 – with clearly no room for doom and gloom. The European Commission’s Winter 2022 Economic Forecast projects that, following a notable expansion by 5.3% in …
Across the Nordic region, the Covid-19 crisis meant firms faced challenges in terms of adapting to remote working requirements and new regulations. The early days of the pandemic saw a noticeable dip across the board in terms of new work coming into firms, and transactional activity slowed down, but despite the ongoing uncertainty, the market …
Baltics Firm Total lawyers Total partners No. of offices Sorainen 226 32 4 Ellex 180 40 3 COBALT 165 34 4 TGS Baltic 130 29 4 Primus Derling 80 18 4 Benelux Firm Total lawyers Total partners No. of offices Loyens & Loeff 865 214 11 De Brauw Blackstone Westbroek 446 60 6 Stibbe 384 …
Baltics Firm Total lawyers Total partners No. of offices Sorainen 219 32 4 Ellex 195 41 3 COBALT 182 32 4 TGS Baltic 135 25 4 FORT 50 13 3 Benelux Firm Country Total lawyers Total partners No. of offices Loyens & Loeff Netherlands 862 216 12 NautaDutilh Netherlands 430 68 6 Stibbe Netherlands 381 …
Herbert Smith Freehills (HSF) (pictured) has secured a key corporate role for engineering company and long-term client The Weir Group on the $1.3bn acquisition of US mining equipment manufacturer ESCO Corporation. London corporate partner Mike Flockhart is heading the HSF team, alongside City competition partner Kim Dietzel. Sullivan & Cromwell is advising Weir on US …
Continue reading “Dealwatch: Transactional teams move into gear in strong spring showing”
The Euro Elite is dominated by independents from the Nordics – large, high-quality and able to resist the advance of international firms. The Nordic countries – Sweden, Denmark, Norway, Finland and Iceland – are diverse legal markets that are home to a strong array of independent domestic firms, including Mannheimer Swartling and Vinge in Sweden, …
Continue reading “Euro elite: focus Nordics – Power, soft and hard”
Standout corporate mandates over the past few days have included a high profile run by Slaughter and May on deals including a £3.6bn bulk annuity buy-in over the ICI Pension Fund and Standard Life’s £390m acquisition of Ignis Asset Management, as Travers Smith and Kirkland & Ellis led on the $3.1bn acquisition of Nordic card-payment business Nets Holding.
