Linklaters has been drafted by the U.K. government to advise on the potential sale of 16 billion pounds' ($25.3 billion) worth of assets over the next two years in a bid to reduce the U.K.'s budget deficit. The Magic Circle firm is understood to be one of a number of top law firms in line to benefit from the plan. Prime Minister Gordon Brown said in a speech that the government could raise $4.7 billion by selling off its 32 percent stake in uranium processing company Urenco and the Channel Tunnel rail link.
October 13, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Linklaters has been drafted in by the U.K. government to advise on the potential sale of 16 billion pounds’ ($25.3 billion) worth of assets over the next two years in a bid to reduce the U.K.’s budget deficit.
The Magic Circle firm is understood to be one of a number of top law firms in line to benefit from plans to sell a portfolio of assets including the student loan book and the Dartford Crossing.
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