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Linklaters Business Services

Living Wage
ONE SILK STREET, LONDON, EC2Y 8HQ, ENGLAND
Tel:
Work 020 7456 2000
Fax:
Fax 020 7456 2222
DX:
10 LONDON CITY EC3
Email:
Web:
https://www.linklaters.com
Abu Dhabi, Amsterdam, Antwerp, Bangkok, Beijing, Berlin and 25 more

Iain Wagstaff

Tel:
Work 020 7456 5326
Email:
Linklaters Business Services

Work Department

Corporate.

Position

Iain is a partner in the corporate practice who specialises in public and private mergers and acquisitions, IPOs, secondary capital raisings and joint ventures. He acts for corporates, financial sponsors and investment banks. He has completed two client secondments at leading investment banks. Iain’s recent experience includes advising BC Partners and Pollen Street Capital on their acquisition of Shawbrook, Stonegate on its offer for Revolution Bars, Hutchison on its potential £9.5 billion acquisition of O2 and Three’s acquisition of UK Broadband, Bill Kenwright and others on the sale of Everton Football Club to Farhad Mosiri, Centrica on the acquisition of ENER-G, Siemens on the £1.742bn acquisition of the international automated rail business of Invensys plc and the £950 million acquisition of Rolls Royce’s energy business; GDF SUEZ on its €20.2bn reverse takeover of International Power plc and subsequent €9.5bn recommended cash offer for the minority stake; GDF SUEZ on the disposal of 30% of its upstream oil and gas business to China Investment Corporation and the disposal of its North Sea assets to Total; Fresnillo on its demerger, redomicile and listing on the London Stock Exchange; initial public offerings for Investec, Biffa, Aldermore, CMC Markets, Card Factory, Manx Telecom and Just Eat; Capital Shopping Centres on the acquisition of the Trafford Centre and defence of hostile approach from Simon Property Group; and on secondary capital raisings including those by British Land, intu Properties, Investec and Meggitt.

Career

Trainee, Linklaters 1999-2001; Secondment, Goldman Sachs International 2001; associate Linklaters 2001-04; Secondment, Citigroup 2004-05; managing associate, Linklaters 2005-10; partner Linklaters London 2010 to date.

Education

Nottingham University (1997 LLB Law); Nottingham Law School (1998 LPC (Distinction)).


London: Corporate and commercial

Equity capital markets

Within: Equity capital markets

The practice at Linklaters LLP is 'always available, responds quickly and with a commercial, can-do attitude'. James Wootton and Iain Wagstaff are noted for their 'seamless execution of IPOs'; Wootoon, Simon Branigan and Mike Bienenfeld, who are 'knowledgeable, pragmatic, responsive and personable', acted for Allied Irish Banks on its €3bn IPO. Further afield, Tom Shropshire advised Sibanye Gold on its $1bn rights offering, constituting the third-largest ever rights offering by a South African company. John Lane is said by some clients to be 'perhaps the best capital markets brain around', and is 'very good on wider policy issues such as MiFID implications and FCA regulations'; he and 'reasoned, commercial multi-taskerJason Manketo acted for HSBC Bank as London listing adviser on the admission of Bank of Cyprus shares to the LSE. Other clients include ABN AMRO, Goldman Sachs International, J.P. Morgan Securities and, on the corporate side, RHI Magnesita.

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M&A: upper mid-market and premium deals, £250m+

Within: Leading individuals

Iain Wagstaff - Linklaters LLP

Within: M&A: upper mid-market and premium deals, £250m+

The ‘exceptional’, ‘pragmatic and service-oriented’ Linklaters LLP practice provides ‘excellent legal advice’ and ‘very good levels of service, both on buy side and sell side assignments’. The team is known for its strength in public M&A, and its expertise in complex work such as reverse takeovers and demergers. Clients describe its responsiveness, business acumen, strength in depth and value for money as ‘excellent’. Financial services, high-end retail, technology and telecoms are key sector strengths; the department is also noted for its experience in the mining sector. Global head of corporate Aedamar Comiskey led the advice to Amec Foster Wheeler on its recommended all-share acquisition by competitor John Wood Group. The ‘extremely supportive, practical and commercial’ Simon Branigan led the team on AIB’s €12bn reprivatisation and IPO on the London and Irish stock exchanges. Iain Fenn (has a ‘commercial focus’ and a ‘commitment to getting the deal done’) is advising Old Mutual in a complex arrangement for a demerger into two entities. Other highlights have seen firm senior partner and global chairman Charles Jacobs handle Glencore’s £2.5bn sale of a 40% stake in its agricultural business, Iain Wagstaff act for Three on its £300m acquisition of UK Broadband and the ‘very client oriented and pragmatic’ Sarah Wiggins advising Benckitt Benckiser Group on its acquisition of Mead Johnson Nutrition, with total enterprise value of $17.9bn. Also recommended are corporate group leader Owen Clay , who is ‘friendly and responsive’ and ‘is good at dealing with challenging clients and situations’ and William Buckley  who is ‘good at leveraging the capability of the firm’.  Fionnghuala Griggs and Kanyaka Ramamurthi  were both promoted to partnership, while Stuart Boyd moved to Kirkland & Ellis International LLP.

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