Legal Week reports
August 09, 2006 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer has edged aside Allen & Overy (A&O) to advise on Severstal’s initial public offering (IPO), worth about $15bn (£8bn).
Freshfields is advising the Russian steel group, fielding teams out of both its London and Moscow offices. The mandate marks a coup for Fresh-fields as A&O bagged a role advising Severstal, Russia’s largest steel group, on its proposed €46bn (£31.5bn) merger with Luxembourg steelmaker Arcelor in May.
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