
Baker McKenzie LLP advises both issuers and underwriters on cross-border ECM transactions across EMEA, with its London office playing a lead role on English and U.S. law aspects. The team remains active on IPOs, ABBs and buybacks, particularly in the Middle East, CEE and Scandinavia, and is well placed to support healthcare and MedTech clients on capital markets activity. Department head Adam Farlow has recently led on a range of international mandates, including IPOs on Nasdaq Stockholm, the Hong Kong Stock Exchange, and Tadawul. Megan Schellinger offers deep expertise in US securities law and transaction management, while George Marshall advises on a broad spectrum of equity offerings and M&A, with a focus on the Middle East and financial institutions. James Thompson is particularly noted for his public M&A capabilities, and Charles Farnsworth adds further strength in US securities matters. Tom Quincey is also highlighted.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘A strong team with expertise in all the key markets for us. The team are highly responsive and very trusted.'
‘Adam Farlow is a demonstration of a very strong capital markets partner - combining extensive knowledge and experience with an ability to reach a positive conclusion during negotiations.'
- 'George Marshall is detail orientated and provides seamless coverage to his clients even when coordinating and working across multiple jurisdictions and with multiple different partners / law firms in those jurisdictions.'
Key clients
- ABG Sundial Collier
- Carnegie Investment Bank AB (publ)
- Citigroup
- EFG Hermes KSA
- Enterprise Investors
- HSBC Saudi Arabia
- J.P. Morgan Securities plc
- Koton Mağazacılık Tekstil Sanayi ve Ticaret A.Ş
- Mid Europa Partners
- Morgan Stanley
- Olam International Group and Olam Food Ingredients (ofi)
- Pareto Securities
Work highlights
Advised the Saudi-based food and retail concern Savola Group, which is listed on the Saudi Tadawul Stock Exchange, on its three stage transaction involving a ~USD 1.6 billion (SR 6 billion) rights issue, followed by a capital reduction, and then the distribution of Savola Group's entire 34.52% stake in Almarai Company (the Middle East’s leading dairy company, also listed on the Tadawul Stock Exchange) to eligible Savola shareholders.
Advised the selling shareholder, MidEuropa, in connection with the IPO of Diagnostyka S.A. shares with a total value of nearly PLN 1.7 billion (USD 420.5 million), and their admission and introduction to trade on the Warsaw Stock Exchange.
Advised Turkven Private Equity, the leading Turkish private equity firm, and Koton, on the IPO of Koton, which was initially intended to be an international IPO but subsequently became a local IPO with Koton having been listed on the Istanbul Stock Exchange in May 2024.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head
Adam Farlow
Other key lawyers
Megan Schellinger; George Marshall; James Thompson; Charles Farnsworth; Tom Quincey