CC, Freshfields and Latham lead on billion-pound Barclays stake sale
Clifford Chance (CC), Freshfields Bruckhaus Deringer and Latham & Watkins have taken key roles on Qatar Holdings' sell-off of part of its stake in Barclays Bank. The sale - which amounts to around 50% of the warrants the Middle East investment company acquired last October - could raise in the region of £1.4bn, £750m of which will be paid to Barclays. CC is advising regular banking client Barclays with corporate head Guy Norman leading the team. The magic circle firm was instructed on the original transaction last year when Qatar Holdings invested £3.8bn in Barclays.
CC, Freshfields and Latham lead on billion-pound Barclays stake sale legalweek.com Wed, Oct 21, 2009