Slaughters Set For Over £6M in Fees For Failed Takeover Bid

Slaughter & May will receive more than £6 million in legal fees for its advice on Non-Standard Finance’s failed takeover bid of Provident Financial, its bigger rival.

The Magic Circle firm was advising sub-prime lender NSF on the proposed deal, which emerged in February and would have created a £1.3 billion business.

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