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  • Federico Salinas has been hired by LeBoeuf Lamb Greene & MacRae from Baker & McKenzie.
  • News Corporation has made an unsolicited takeover bid for US publisher Dow Jones & Company
  • Deutsche Börse has agreed a merger with New York derivatives house International Securities Exchange
  • Barlow Lyde & Gilbert has announced that Lovells lawyer James Parker will be joining the firm as a corporate partner. Parker's diverse practice spans domestic and international insurance, banking M&A and reinsurance and distribution solutions. But he is best known in the bulk annuity market where he has been involved in some of the largest transactions in the UK.
  • A syndicate of Israeli private equity firms have acquired 47 Marriott hotels from the Royal Bank of Scotland (RBS) for $2.19 billion. The syndicate was led by Igal Ahouvi of Blenheim Property and included Delek, Electra, Fibi and Quinlan among others.
  • Michael Baron moved from his role as head of the antitrust/competition department at the German Federal Ministry for Economics to become of counsel at Linklaters on May 1.
  • The UK's insolvency laws are inadequate, according to a leading body of industry professionals
  • In a bid to ride the wave of a possible downturn in the US, Lovells has hired Christopher Donoho from Stroock & Stroock & Lavan
  • Freshfields Bruckhaus Deringer has announced that it is moving two lawyers to China from Singapore, and making up a local partner.
  • In a deal reflecting the growing prominence of microfinance institutions, Mexico's top microfinance bank, Banco Compartamos, completed its initial public offering