Checking in: Freshfields and Stephenson Harwood advise on £1.3bn sale of the Priory

Freshfields Bruckhaus Deringer and Stephenson Harwood have led on the sale of the Priory, the rehab clinic known for its celebrity clients, having treated the likes of supermodel Kate Moss, pop star Robbie Williams and rocker Pete Doherty.

Continue reading “Checking in: Freshfields and Stephenson Harwood advise on £1.3bn sale of the Priory”

Dealwatch: US firms line up as Russia’s largest driller prepares exit from London stock exchange

The management of Eurasia Drilling Company Limited is being advised by US firm Willkie Farr & Gallagher as it prepares to sell to major shareholders and exit the London stock exchange, after Schlumberger gave up on a deal to buy into the company.

Continue reading “Dealwatch: US firms line up as Russia’s largest driller prepares exit from London stock exchange”

Dealwatch: Sullivan & Cromwell’s City office and CC advise on nearly £6bn worth of deals

Sullivan & Cromwell’s City office has been busy this summer winning roles on two headline deals announced yesterday [8 September], working alongside Clifford Chance (CC) on both Cinven’s £2.3bn sale of pharmaceuticals group Amdipharm Mercury Company (AMCo) and advising Goldman Sachs on Mitsui Sumitomo’s £3.5bn Amlin purchase.

Continue reading “Dealwatch: Sullivan & Cromwell’s City office and CC advise on nearly £6bn worth of deals”

Teva’s $40bn generic-drug buy sees Latham & Watkins and Sullivan & Cromwell lead

Cross-border teams from Sullivan & Cromwell and Latham & Watkins have landed the lead roles on the $40bn takeover of Allergan’s generic-making business by Teva that has seen the Israeli pharmaceutical powerhouse also abandon its bid for Mylan.

Continue reading “Teva’s $40bn generic-drug buy sees Latham & Watkins and Sullivan & Cromwell lead”

Dealwatch: Linklaters and CC act on New Look sale as South African billionaire Wiese continues UK high street buy-up

Less than 30 days after advising on the £1.3bn purchase of Virgin Active by South African billionaire Christo Wiese’s private equity vehicle Brait, Linklaters‘ rising star Alex Woodward has led on Brait’s £780m deal for a 90% stake in clothing retailer New Look.

Continue reading “Dealwatch: Linklaters and CC act on New Look sale as South African billionaire Wiese continues UK high street buy-up”