Slaughter and May advised Legal & General on the acquisition of the remaining shares in Cofunds Holdings Limited not already owned by it in a transaction that values Cofunds at £175 million. Cofunds is the UK’s largest independent platform for financial services and has over £50 billion of assets under administration and a 22% share of the UK investment platform market. Legal & General already holds 25% of the share capital of Cofunds and has been a shareholder since 2005.

International law firm Clifford Chance has advised the finance parties on the signing of a limited-recourse US$1.4 billion facility to Otoyol Yatirim ve I.s,letme A.S,. in connection with the financing of phase I of the Gebze-Orhangazi-Izmir motorway (including the Izmit Gulf Crossing suspension bridge), tendered under the Turkish BOT law.

Allen & Overy's Global Islamic Finance Group received eight awards at the Islamic Finance News (IFN) Awards ceremony on February 24, 2013.

Allen & Overy won "Deal of the Year" in four different categories, including "Deal of the Year" and "Saudi Arabia Deal of the Year" for the GACA sukuk as well as "Cross Border Deal of the Year" for the Axiata sukuk issuance programme and "Corporate Finance Deal of the Year" for the Majid Al Futtaim Properties sukuk.

Milan: International legal practice Norton Rose has advised Banca popolare dell'Emilia Romagna S.C., Mediocredito Italiano SpA and SACE SpA – Servizi Assicurativi del Commercio Estero on a financing to Italian shipping company Marigest S.r .l ., a subsidiary of Marnavi S.p.A. (Marnavi) for the purchase of a ship (currently called the “Hull 67”), under construction at the Turkish shipyard Selah Makine ve GEMICILIK Endüstri Tic A.S.

Hogan Lovells has advised the Arab Petroleum Investments Corporation (APICORP) and Tufton Oceanic in relation to the financing for and acquisition of, five medium range petroleum product tankers for APICORP Petroleum Shipping Fund.

Clifford Chance has advised Barclays and HSBC, as joint sponsors, joint global coordinators and joint bookrunners, and Numis as lead manager, in connection with housebuilder Crest Nicholson Holdings plc's successful IPO and Premium Listing.

The transaction, the biggest IPO in the London market since Direct Line in October 2012, sees the company return to the public markets after being taken over by its lender in 2009 in the wake of the credit crisis. Gross proceeds raised were £247m, valuing the company at approximately £553m.

Allen & Overy LLP hat Deutsche Börse AG und Clearstream Banking S.A. im Zusammenhang mit einer von BNP Paribas und Commerzbank koordinierten und arrangierten Konsortialkreditlinie in Höhe von 750 Millionen Euro beraten.

Allen & Overy war mit dem Partner Dr. Neil George Weiand und Associate Dr. Urs Lewens (beide Bank- und Finanzrecht, Frankfurt) bei dieser Transaktion erstmalig im Rahmen einer Finanzierung für Deutsche Börse AG und Clearstream Banking S.A. tätig.

European law firm Field Fisher Waterhouse advised Lehman Brothers Finance AG (in Liquidation) ("LBF"), the Swiss equity derivatives entity in the Lehman group, on a settlement with Lehman Brothers International (Europe) (in Administration) ("LBIE").

The settlement is a very significant step in the bankruptcy of LBF as LBIE was LBF's primary custodian and trading partner in the Lehman Group. The liquidator of LBF is confident that the settlement will result in significant value being returned to the LBF estate.

Simmons & Simmons Advises J.P. Morgan Cazenove and Numis Securities on a £49 million Placing by St Modwen Properties PLC

Simmons & Simmons has advised J.P. Morgan Cazenove and Numis Securities as joint bookrunners to St. Modwen Properties PLC (“St. Modwen”) on a placing of shares to raise approximately £49m. The placing was announced on 26 February 2013.

Slaughter and May is advising Legal & General Group plc on the acquisition of an interest in CALA Group Ltd ('CALA'), the UK's premium major home builder, from Lloyds Banking Group. The acquisition values CALA at £210 million.

Legal & General will acquire a 46.5% equity stake in CALA, as an equal partner with Patron Capital Partners ('Patron'), alongside management who will take a 7% share. The acquisition, which was announced on 18 March 2013, will be financed by £140 million of equity and £70 million of debt.