Ashurst takes lead role as Candover gets set for shake-up
Ashurst has landed a key mandate advising on a potential sale or delisting of embattled buyout house Candover. The firm has been drafted in to advise Candover Investments - the UK-listed parent company of private equity company Candover Partners - in relation to the proposed restructuring. It is understood that private equity partner Bruce Hanton is leading Ashurst's team for Candover Investments. The top 10 City firm counts Candover as a longstanding client, with Hanton previously acting on transactions for the investment trust.
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