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Owen Clay

Corporate Partner, London

"I am a London based corporate partner, with a broad-ranging practice for a diverse range of clients. I deliver imaginative, commercial and practical advice."

Overview

Professional experience

Education and qualifications

Overview

Owen leads one of the firm’s four corporate M&A groups in London and previously was co-head of Linklaters’ energy sector for seven years. He has played a leading role in the development of the firm’s practice in this sector. Owen was based in our Moscow office from 1995 to 1998.

Owen practises across a range of corporate transactions, including corporate finance, public and private mergers and acquisitions, joint ventures, demergers, regulatory investigations and corporate governance.

Owen manages the firm’s relationship with a number of the firm’s clients, including Centrica, Petrofac, INEOS, Britvic, Arcadia, Genel Energy and Mitie Group. He has strong relationships with his clients at board and ExCom levels and is named as one of Linklaters’ leading corporate practitioners in Chambers Global Guide. Over the years Owen has acted on the most strategically important transactions for BP, Glencore and BAE Systems.

Work Highlights

Owen has led on a wide range of corporate M&A and corporate finance transactions. These include advising:

  • Glencore in relation to the sale of a majority stake in its oil storage and distribution business, the acquisition of Chevron’s business in South Africa, the formation of the UC Rusal joint venture and its IPO
  • Petrofac in relation to the sale of 49% of its operations in Mexico to Perenco and the execution of US$300m new banking facilities with existing relationship banks
  • Ben Ainslie Racing in relation to formation of INEOS Team UK to challenge for the 36th Americas Cup
  • Arcadia in relation to the sale of a minority stake in TopShop, the formation of the Ivy Park joint venture with Beyoncé Knowles Carter and the settlement of the BHS pensions dispute with the Pensions Regulator
  • Home Retail Group in relation to its takeover by J Sainsbury
  • Britvic on its successful defence against a takeover by AG Barr
  • BP in relation to its takeover of Burmah Castrol, the formation of the TNK-BP joint venture and the sale of Innovene to INEOS
  • Centrica on its £2.2bn rights issue and in relation to its nuclear joint venture with EDF  
  • BAE Systems on the formation and restructuring of the MBDA missiles joint venture

Professional experience

Owen is the firm’s global pro bono partner and a member of its Corporate Responsibility Committee. He is a keen supporter of the firm’s diversity and inclusion initiatives and the growth of its pro bono work in relation to the rule of law, access to justice, social finance and human rights.

Education and qualifications

Owen studied law at the University of Bristol