The buyer, U.S. PE firm Advent, was recently outbid by KKR in its pursuit of another Slaughter and May client, Spectris.

Reckitt Benckiser is to divest its Essential Home business, which includes more than 70 brands, to private equity firm Advent ...

Slaughter and May's leverage was for a long time lower than its rivals but it has increased from 3.4 in 2008 to 5.2 in 2024, which is higher than the likes of Freshfields, ...