WHO’S SWITCHING JOBS May 15, 2012 Bank of Ireland Adrian Olsen has been appointed as Bank of Ireland’s new head of business banking in the UK. He has been with the bank for 12 years as a managing director and head of global project finance for its UK corporate banking division. Olsen has also previously held senior positions at Dresdner Kleinwort [...]
China’s Bright Food buys 60pc stake in Weetabix May 3, 2012 China’s state-owned Bright Food Group has agreed to buy a 60 per cent stake in British cereal firm Weetabix Food Co from private equity firm Lion Capital, which, if completed, would be its second successful overseas acquisition in less than a year. The deal, which gives Weetabix an enterprise value of £1.2bn), is expected to [...]
Takeover extensions drop under new rules March 27, 2012 THE NUMBER of deadline extensions granted by the Takeover Panel has almost halved since the launch of new UK takeover rules last September, according to a six-month review of how the reforms are affecting deals. Research by City law firm Linklaters shows that since the traditional put-up-or-shut-up deadline – the time in which a potential [...]
Takeover extensions drop under new rules March 27, 2012 THE NUMBER of deadline extensions granted by the Takeover Panel has almost halved since the launch of new UK takeover rules last September, according to a six-month review of how the reforms are affecting deals. Research by City law firm Linklaters shows that since the traditional put-up-or-shut-up deadline – the time in which a potential [...]
UK tops list of matured loans March 6, 2012 Half a trillion dollars of European leveraged buy-out loans are due to mature between now and 2016, according to law firm Linklaters. The largest burden will fall on the UK with $172bn of loans that need refinancing, compared to $86bn in France and $83bn in Germany. The telecoms sector is set to take the biggest [...]
advisers vodafone and Cable & Wireless worldwide April 23, 2012 UBS Vodafone has put its long-standing team at UBS, headed by global co-head of investment banking Simon Warshaw, on the case to guide it through its acquisition of CWW. Oxford-educated Warshaw joined the Swiss bank in 1986 and has under his belt the former positions of head of EMEA investment banking, joint head of UK [...]
CITY MOVES | WHO’S SWITCHING JOBS February 29, 2012 Milbank Tweed Hadley & McCloy The US law firm has hired corporate partner Mark Stamp to join its partnership from rival Linklaters, though no start date for his appointment has been announced. Stamp has been a partner at Linklaters since 1994, having joined the firm in 1983 as a trainee. He works in domestic and [...]
CITY VIEWS: HOW WORRIED ARE YOU ABOUT THE IRANIAN NUCLEAR THREAT? February 20, 2012 GEORGE LYLE | ECS “To be honest I haven’t thought about it very much. Obviously it’s a concern as I’ve read about it and seen it on the news, but the question is how much of what we hear is the truth?” ZE LIM | LINKLATERS “I’m not too worried yet. There are lots of [...]
CITY MOVES | WHO’S SWITCHING JOBS February 27, 2012 Berwin Leighton Paisner BLP has hired Linklaters’ former global corporate head David Barnes to its City corporate team. Barnes will join next month as a partner in the firm’s London corporate group after retiring from Linklaters last summer. Barnes left the magic circle firm after standing as one of five candidates for the senior partner [...]
CITY MOVES | WHO’S SWITCHING JOBS March 28, 2012 First Reserve The leading global investment firm dedicated to the energy industry has appointed Alex T. Krueger as president, the next milestone in its senior management succession plan. Krueger has been with First Reserve for thirteen years, most recently serving as managing director in London. He was previously co-head of the company’s buyout funds. Krueger’s [...]