Freshfields and A&O lead £1bn Betfair IPO
Freshfields Bruckhaus Deringer and Allen & Overy have taken lead roles on the £1 billion initial public offering of online gambling company Betfair.
Betfair is advised by Freshfields, with the firm providing a team that includes M&A partners Martin Taylor and Tim Jones alongside senior associates Richard Blair and Doug Smith.
Allen & Overy is advising the underwriters, which include Goldman Sachs, Morgan Stanley, Barclays Capital and Numis. The legal team is led by corporate partner David Broadley, who will work alongside corporate finance partner Robert Williams and senior associate Niti Gupta.