Weil Gotshal & Manges and Hogan Lovells are among a line-up of firms to have advised on Lehman Brothers Holdings' $6.5bn (£4.1bn) cash and equity sale of property group Archstone Enterprise. Archstone, Lehman's single largest asset, is set to be sold to real estate investment trusts Equity Residential (EQR) and AvalonBay (AVB). EQR will acquire 60% and AVB the remaining 40% stake.
November 27, 2012 at 11:07 AM
1 minute read
The original version of this story was published on Legalweek
Weil Gotshal & Manges and Hogan Lovells are among a line-up of firms to have advised on Lehman Brothers Holdings’ $6.5bn (£4.1bn) cash and equity sale of property group Archstone Enterprise.
Archstone, Lehman’s single largest asset, is set to be sold to real estate investment trusts Equity Residential (EQR) and AvalonBay (AVB). EQR will acquire 60% and AVB the remaining 40% stake.
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