Magic circle presides over Cazenove tie-up

Slaughter and May and Linklaters have acted on the landmark joint venture deal between blue-blooded stockbroker Cazenove and JP Morgan, in a move that looks set to spark a magic circle battle for the coveted role of main adviser to the new venture.

The tie-up unites JP Morgan’s UK investment banking arm with Cazenove’s investment bank business, with the option of completing a formal takeover in 2010.

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