Milbank scoops Carlyle from Freshfields

Milbank Tweed Hadley & McCloy has secured private equity giant Carlyle Group as a client, courtesy of the Freshfields Bruckhaus Deringer team it hired in May to launch a Munich office.

The move sees Milbank land two deals this month for Carlyle – the €600m (£420.5m) sale of its 37.1% stake in automotive supplier BERU to US vehicle manufacturer BorgWarner, and the €600m (£420.5m) sale of its stake in manufacturer Honsel International Technologies to private equity house Ripplewood Holdings.

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