FRESHFIELDS AND STEPHENSON HARWOOD CHECK IN FOR PRIORY SALE
Freshfields Bruckhaus Deringer and Stephenson Harwood led on the sale of the Priory rehab clinic. Freshfields advised US private equity group Advent International on the sale of the Priory Group, which operates more than 300 facilities, to Acadia Healthcare for £1.3bn in January. Acadia was advised by Stephenson Harwood.
SULLCROM, A&O AND CLIFFORD CHANCE ADVISE ON BEER BONDS
Sullivan & Cromwell, Clifford Chance (CC) and Allen & Overy (A&O) won roles as world’s largest brewer Anheuser-Busch InBev prepares to issue $46bn worth of bonds to fund its takeover of SABMiller. Sullivan & Cromwell advised AB InBev on US law matters, while CC provided advice in Belgium and Luxembourg. A&O represented the joint bookrunners and global co-ordinators, as well as a syndicate of 21 underwriting banks on the pricing of the notes for AB InBev.