Legal Business

Deal watch: Corporate activity in November 2016

PE DOUBLE FOR CC

Clifford Chance (CC) completed two major private equity deals in a month, advising as Cinven, Permira and Mid Europa Partners acquired Allen & Overy client Allegro for $3.3bn. In addition, CC acted for Cinven as well as CVC Capital Partners on the acquisition of consumer finance provider NewDay, opposite Slaughter and May, which advised long-time client and seller Värde Partners, and Jones Day, which represented the management of NewDay.