Financial Services Deals a Boon to Am Law Firms Worldwide

, The Am Law Daily

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Simpson Thacher & Bartlett and Schulte Roth & Zabel are advising on KKR's purchase of hedge fund money manager Prisma Capital, while billionaire Nelson Peltz has taken a 5.1 percent stake in boutique investment bank Lazard. Meanwhile, Norton Rose has taken a lead role for Barclays subsidiary Absa Bank on its $1.2 billion acquisition of an African department store chain's retail credit card business.

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