funeral services company Memora. The City law firm advised 3i on the €187m (£156m) acquisition of a majority stake in the business from Acciona and Caja Madrid. London finance partner Kristen Roberts took the lead role for Herbert Smith, with the firm winning the instruction after Roberts acted opposite the private equity house on its 2006 acquisition of VNU Business Media Europe. On that occasion, the City firm advised Societe Generale and BNP Paribas as mandated lead arrangers and underwriters, with Allen & Overy advising 3i.
November 26, 2008 at 09:35 PM
1 minute read
The original version of this story was published on Legalweek
Herbert Smith has landed its first instruction from private equity house 3i, advising on financing aspects of the leveraged buy-out of Spanish funeral services company Memora.
The City law firm advised 3i on the €187m (£156m) acquisition of a majority stake in the business from Acciona and Caja Madrid.
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