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11 July – LAWFUEL – The Law News Network – Allen & Overy is advising…

11 July – LAWFUEL – The Law News Network – Allen & Overy is advising Fortis on its agreement with US-based Prudential Financial, Inc. to acquire Dryden Wealth Management for $104 million.

A further payment of $40 million could be paid subject to future performance. Head of Allen & Overy’s Financial Institutions Group, Alistair Asher, is leading the Allen & Overy team, assisted by associates Andrew Rich, Stuart Hanbury, Andrew Howard, Giannis Waymouth, Deepa Nathan, Kate Logan and Jonathan Kirsop. Commenting, Alistair Asher said: “Fortis is one of our most valued clients and we are delighted to have advised them on another strategic transaction.”

British MP George Galloway and his opponent the Daily Telegraph will leave no stone unturned to sort out what could be a spectacular libel case.