Clifford Chance represented British Energy when the nuclear giant put itself up for sale, helping potential bidders to get to grips with the group's complex corporate structure and nuclear arrangements – legacies of their major restructuring only four years before.
When EDF was selected as preferred bidder the team led negotiations on an innovative note alternative which ultimately bridged the gap in value expectation against a backdrop of volatile energy prices.
With the £12.5 billion deal announced in the early hours of the morning, Clifford Chance’s core team celebrated with a full English breakfast at Spitalfields market.
