Freshfields Bruckhaus Deringer and Slaughter and May have taken lead roles on Barclays' £226m acquisition of Standard Life. The sale of the UK mortgage and savings business of Standard Life will see 268 employees in Edinburgh move over to Barclays, with the Standard Life Bank name dropped altogether. The deal is expected to close in early 2010.
October 27, 2009 at 11:09 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer and Slaughter and May have taken lead roles on Barclays’ £226m acquisition of Standard Life.
The sale of the UK mortgage and savings business of Standard Life will see 268 employees in Edinburgh move over to Barclays, with the Standard Life Bank name dropped altogether. The deal is expected to close in early 2010.
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