Anglo-US firm beats City giant to disposal of Midlands Electricity to Scottish and Southern Energy
June 11, 2003 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Jones Day Gouldens has beaten off competition from Clifford Chance (CC) to close a £1.1bn deal for Aquila and FirstEnergy Corporation – the firm’s first UK instruction from the client.
The deal sees Aquila sell its interests in Midlands Electricity to Scottish and Southern Energy.
Jones Day beat Aquila’s previous UK adviser, CC, to the role after being introduced to the client by its US parent.
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