Legal Week reports
Clifford Chance Duesseldorf-based corporate partner Friederike Sandrock advised UK private equity houses Cinven and Candover Investments on their £755m acquisition of German academic publisher Bertelsmann Springer. Cinven and Candover now plan to merge Bertelsmann with Kluwer Academic Publishers. Bertelsmann was advised by Hengeler Mueller Duesseldorf-based corporate partner Axel Baumanns. The deal was funded by Barclays Capital, advised by Linklaters Frankfurt-based corporate partner Florian Drinhausen.
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