Whenever a U.S. firm is tapped as lead counsel to act on a bid for a major British company, the market takes note. Skadden, Arps, Slate, Meagher & Flom’s role representing Qatari investment fund Delta 2 on its �12 billion ($24 billion) offer for British supermarket chain J Sainsbury Plc has been London’s most high-profile M&A assignment of recent weeks.
U.K. corporate partner Adrian Knight is leading the Skadden team, while Linklaters is advising long-standing client Sainsbury through relationship partners Mark Stamp and David Barnes. Shearman & Sterling’s Peter King is acting for Delta 2′s financial advisers, Credit Suisse. Skadden declined to comment on its involvement, but a source close to the deal confirmed the New York firm’s role.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]