Norton Rose Fulbright operates in an impressive number of jurisdictions and boasts that it has doubled the number of in-depth mergers in the course of a year.
|Merger ranking||-||Litigation ranking||-||Cartel ranking||9|
|Global head||Martin Coleman|
|Number of jurisdictions with a competition team||17|
|Percentage of partners/counsel in Who's Who Legal||9|
|Lateral partner hires||3|
Highlights last year involved smoothing Reckitt Benckiser’s acquisition of the K-Y lubricants brand from Johnson & Johnson, and advising Orange on the sale of its subsidiary EE to BT, which saw the firm involved in the UK Competition and Markets Authority’s first fast-tracked Phase II review. Alstom turned to the firm to handle the Australian leg of GE/Alstom. Unusually for an international firm, Norton Rose Fulbright has serious footholds in Africa, and does impressive work across the continent. For example, its team handled General Cables’ sale of ZAMFEA before competition authorities in South Africa, Kenya and Botswana and the Comesa Competition Commission, and worked on a Barclays deal before the Comesa, Kenyan and Tanzanian authorities. However, South Africa practice head Heather Irvine and Lara Granville moved on to other firms.
The firm has several seats at the table in the EU’s financial benchmark investigations, and is generally strong in banking and financial services. It acts for HSBC in the European Commission’s ongoing Euribor investigation, in which a decision is expected shortly, and a confidential international player in the foreign exchange investigation. It is also advising a major financial services institution in the DG Comp precious metals spot trading probe. Back in the UK, the London team represented Santander in the CMA’s retail banking market investigation. Norton Rose Fulbright also has a hand in a slew of confidential matters.