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Magic Circle Trio to Take Slice of £75M Bill from Prudential Demerger

Sep 27, 2019 - Legal Week

Magic Circle firm trio Slaughter and May, Linklaters and Freshfields Bruckhaus Deringer are among the advisers set to take a slice of a £75 million bill for their roles in the M&G Prudential demerger.

Life insurance giant Prudential Group is set to split from investment management unit M&G Investments, allowing M&G to trade on the main market of the London Stock Exchange (LSE) as an independent company.

Documents relating to the demerger state that the financial and legal ...