Title

London

About the Office

Davis Polk has practiced in London for over 40 years, advising on the majority of marquee capital markets transactions in Europe, including the U.K. Government’s privatizations in the 1980s, technology-related IPOs in the 1990s and recapitalizations of numerous financial institutions in the 2000s.

Our London-based team practices English and U.S law, and consists of over 60 lawyers representing corporate, investment banking and private equity clients on a wide range of international and cross-border corporate finance transactions.

Our focus is on providing sophisticated, innovative, solutions-driven advice across a wide range of equity and debt capital markets, private and public M&A, and finance and restructuring transactions. Our corporate and credit teams are supported by first-rate corporate tax, financial regulatory and antitrust experience and have extensive experience of advising on all aspects of U.K. corporate and securities law, including the U.K. Listing, Prospectus, Disclosure and Transparency Rules and the U.K. Takeover Code.

We are frequently involved in many of the most complex corporate finance transactions in Europe and on international transactions with a European component. As a result, our U.K.-based capital markets, M&A and credit practices are all ranked by the U.K. legal directories. We regularly work on transactions opposite the U.K. magic circle firms and the elite firms in the United States, and consistently appear among the top five firms in European corporate finance league tables.

Recognition

  • Financial News Legal Services Europe Awards – "M&A Deal of the Year," 2017  
  • IFLR European Awards – "Equity Deal of the Year," 2017
  • American Lawyer Transatlantic Legal Awards – "Transatlantic Tax Team of the Year," 2017 
  • Thomson Reuters and Bloomberg – 1st as issuer’s counsel on EMEA IPOs by volume, 2016
  • Dealogic – 1st by value for U.K. M&A, 2016
  • IFLR1000 Financial and Corporate – ranked as a leading firm in the U.K. for bank lending, 2017
  • A client comments: “Davis Polk are always high-quality. They are super-organised and always very efficient.” – Chambers UK 2017
  • “Great knowledge and insight. Blend technical skills with a good sense of what the client needs. Deliver to tight deadlines and give sound, thoughtful advice.”
    IFLR1000 Financial and Corporate 2017
  • “A very strong DCM practice with a constructive attitude to deals.” – Legal 500 UK 2016
  • “The Service provided is very client orientated from tailoring fee structures, communication styles and information to suit the audience.” –  2016 ILO Client Choice Awards
  • “Significant expertise in the high-yield space.” – Legal 500 UK 2016
  •  “Top US practice with good links in Europe. Drawing strength from impressive teams in the New York and London, the firm's capabilities in large ECM, DCM and high-yield transactions are far-reaching, with the London office regularly acting as lead counsel on pan-European deals.” – Chambers Europe 2016

Equity Capital Markets

  • Countour Global on its £414 million IPO and London stock Exchange listing
  • The sponsor and underwriters on the £220 million IPO and London Stock Exchange listing of Charter Court Financial Services
  • Charles Taylor on its €30.6 million rights issue on London Stock Exchange
  • Boozt on its SEK 1.85 billion IPO and NASDAQ Stockholm listing
  • Prosegur Cash on its €750 million IPO and Spanish Stock Exchange listing
  • DONG on its DKK 17.1 billion IPO and NASDAQ Copenhagen listing
  • ABN AMRO on its €3.3 billion IPO and Euronext Amsterdam listing
  • Scout24 on its €1.16 billion IPO and Frankfurt Stock Exchange listing
  • The underwriters on a ZAR 9.3 billion rights issue by Remgro on the Johannesburg Stock Exchange
  • The sponsors and underwriters on the £258 million IPO and London Stock Exchange listing of Wizz Air
  • The joint bookrunners to Ladbrokes on a £115 million secondary offering on the London Stock Exchange in connection with its merger with certain businesses of Gala Coral

Debt Capital Markets

  • Oaktree Capital Management on its €135 million notes offering
  • The underwriters on a $10 billion notes offering by Emirate of Abu Dhabi
  • The underwriters on a $17.25 billion notes offering by British American Tobacco
  • The underwriters on a $4 billion notes offering by ING Group
  • BMW on its $2.2 billion notes offering
  • The underwriters on a $1 billion notes offering by Anglo American
  • AstraZeneca on its $6 billion notes offering
  • IHS Markit on its $500 million notes offering
  • Roche on a $1 billion notes offering and cash tender offer
  • RBS on its $3 billion notes offering

Mergers and Acquisitions

  • Comcast on its £26 billion takeover offer for Sky
  • Temenos on its £1.4 billion takeover offer for Fidessa
  • Natura on its €1 billion acquisition of the Body Shop from L’Oréal
  • Heineken on its €1.025 billion acquisition of Brasil Kirin Holding from Kirin
  • ARM on its £24.3 billion takeover by SoftBank
  • The financial advisers and joint sponsors to British American Tobacco on its $49.4 merger with Reynolds American
  • Technip on its $17 billion merger with FMC Technologies
  • The lead financial adviser to Anheuser-Busch InBev on its £79 billion takeover of SABMiller
  • MasterCard on its £700 million acquisition of 92.4% of VocaLink Holdings
  • Telia Company on its sale of 60.4% ownership in Ncell to Axiata Group and its sale of 60% ownership in Tcell to Aga Khan Fund for Economic Development

Credit and High-Yield

  • Noble Clean Fuels Limited on its $1 billion commodities asset-based revolving credit facility
  • eDreams ODIGEO on its high-yield notes offering, revolving credit facility and bank guarantee facility
  • The lead arrangers and initial purchasers of a TLB, TLA and high-yield notes offering for Inovyn Finance
  • The joint lead arrangers and administrative agent on financing for GTCR in connection with its acquisition of PR Newswire
  • Temenos on a $500 million revolving credit facility
  • Dialog Semiconductor on the bridge financing for its aborted $4.6 billion acquisition of Atmel
  • Technicolor on its comprehensive balance sheet restructuring, several term loan facilities and working capital facilities and repricings and other liability management transactions
  • Valeant Pharmaceuticals on a repricing and amended $6.25 billion credit facility
  • Solvay on the bridge financing on its $6.4 billion acquisition of Cytec Industries

Lex et Brexit

  • On June 23, 2016, the U.K. electorate voted to leave the European Union. The referendum was advisory rather than mandatory and did not have any immediate legal consequences. It has and will continue to have, however, a profound effect.
  • Davis Polk is pleased to publish Lex et Brexit, a firm newsletter focused on Brexit developments. In each issue, we select and discuss emerging legal issues from the maze of Brexit-related debates and developments that we think are worth bringing to the attention of our clients.
  • Read the publications >

 

Davis Polk in Europe

For further information about our Europe practice, please visit our Europe practice page and our Paris and Madrid pages.

Europe brochure  Download our Davis Polk Europe brochure.

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DPW Europe

Location
  • London

    Davis Polk & Wardwell London LLP
    5 Aldermanbury Square

    London

    England
    EC2V 7HR
    P: +44 20 7418 1300
    F: +44 20 7418 1400

    Davis Polk & Wardwell London LLP is a limited liability partnership formed under the laws of the State of New York, USA, and is authorised and regulated by the Solicitors Regulation Authority with registration number 566321.

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