Gibson Dunn & Crutcher and Simpson Thacher & Bartlett have won lead roles on the $5.3bn (£3.4bn) leveraged buyout (LBO) of Del Monte Foods, reports The Am Law Daily.

An investor group led by Kohlberg Kravis Roberts & Co (KKR), Capital Partners and Centerview Partners will pay $19 (£12) per share of Del Monte in cash. The deal – 2010′s biggest LBO to date – also includes the assumption of about $1.3bn (£833m) in debt.