Baker & McKenzie is further strengthening its presence in Africa with an office in Morocco to serve clients in the Maghreb region of North Africa. Casablanca will be the Firm's third office in Africa and 71st overall.
The high growth markets "story", as it relates to China, is alive and well in the plans of many international businesses according to Baker & McKenzie Partner Tracy Wut, who spoke at the prestigious annual Economist High-Growth Markets Summit in London today.
Zurich, Switzerland, 18 September 2012 - Baker & McKenzie represents the shareholders of Lodestone Holding AG, a leading global management consulting firm, on the sale of the Lodestone Group to Infosys Limited, Bangalore (India), for an aggregate enterprise value of CHF330 million in cash.
Global, 27 June 2012 – Baker & McKenzie today announced the election of 63 new partners across the leading global law firm worldwide, bringing the total number of partners in the Firm to 1,400*. The promotions take effect 1 July 2012.
Global, 29 May 2012 – Baker & McKenzie, the leading global law firm, announced it has opened a new office in Johannesburg with immediate effect with partners, lawyers and staff from Dewey & LeBoeuf South Africa.
Baker & McKenzie has advised the State Oil Company of Azerbaijan Republic (SOCAR) on the acquisition of all shares in Esso Schweiz GmbH from ExxonMobil Central Europe Holding GmbH, a subsidairy of Exxon Mobil Corporation.
Baker & McKenzie has appointed Ian Dinwiddie as its Global Chief Financial Officer, succeeding Robert Spencer, who has held senior roles in the Firm since 1993. As CFO, Mr. Dinwiddie will be responsible for developing and driving the strategic financial initiatives of the world’s largest law firm.
Baker & McKenzie has advised global real estate investment company LaSalle Investment Management (LaSalle) on its acquisition of JER Partners' European Real Estate Funds platform. The transaction, which is subject to JER investor approval, is set to enhance LaSalle's European team and capabilities in new asset classes and geographies.
Baker & McKenzie advised Ford Motor Company on a 50:50-owned joint venture with Sollers OJSC, one of Russia's leading automotive companies. The Ford Sollers JV started operation on 1 October 2011, just eight months after the two companies signed the initial memorandum of understanding.
Baker & McKenzie advised Citadel Capital SAE Platform Company Africa Railways Ltd. on a major fundraising that saw leading international investors subscribe to a USD70 million capital increase. This brings total funds raised for the transaction, including senior debt and equity, to USD 275 million.
A cross-office Baker & McKenzie team has advised AXA Private Equity and LGT Capital Partners Ltd on the acquisition of a portfolio of private equity assets from German bank HSH Nordbank. The portfolio includes interests from 47 limited partnerships in European private equity buyout funds worth a total of around EUR620 million.
A multi-office Baker & McKenzie team has advised Cargill on its binding offer to acquire Provimi, the global animal nutrition company, for an enterprise value of EUR1.5 billion from Permira funds, the private equity firm which owns Provimi. Provimi has agreed, on an exclusive basis, to commence the necessary Works Council consultations and appropriate regulatory approvals.