Magic Circle trio and KWM advise on Clydesdale float as owner makes cut-price share offer

Magic Circle trio and KWM advise on Clydesdale float as owner makes cut-price share offer

Clifford Chance, Allen & Overy (A&O), Linklaters and King & Wood Mallesons (KWM) are advising on Clydesdale and Yorkshire Bank’s proposed initial public offering (IPO) as its owner National Australia Bank (NAB) announced a cut-price share offer ahead of the float – a move which could impact other IPOs in the market.

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