Clifford Chance and Latham advise on billion-pound European IPOs
Latham & Watkins and Clifford Chance are both involved in European IPOs valued at over one billion pounds this week.
The firms advised on this week’s IPO of TI Fluid, a car parts manufacturer based in Oxford. The company is valued at £1.325bn by the IPO, which is expected to raise £407m.
Latham also advised on the IPO of Sandro, Maje et Claudie Pierlot (SMCP). The IPO valued the company at €1.7bn, while the company raised €414m through sales of existing shares and €127m worth of new shares. White & Case, Linklaters and Bredin Prat were also involved in the IPO.