Corporate deals round-up

Pinsent Masons (Roger Fink) advised the selling shareholders of Rubicon Retail, the owners of fashion chains Principles and Warehouse, on its sale to the Shoe Studio Group for £140m. The Shoe Studio Group was advised by SJ Berwin.

Freshfields Bruckhaus Deringer (William Lawes) is advising the UK-listed leisure business De Vere Group on the sale by De Vere Hotels and Leisure of the UK golf venue The De Vere Belfry to the Quinn Group for £183m. Berwin Leighton Paisner (John Sipling) is advising De Vere on the management agreement.

Lewis Silkin (Nigel Edwards) acted for the shareholders of DLKW on the £38.3m sale of the DLKW Group to Creston, the UK-listed marketing services group, for £38.3m. Creston was advised by Olswang (Stephen Hermer).

Olswang (Tina Cowen) acted for the majority shareholders on their sale of the entire issued share capital of Princeton Consulting to Calcutta-listed MphasiS BFL for £7.8m. MphasiS BFL was advised by its Bangalore-based in-house counsel.

Sullivan & Cromwell (Wolfgang Feuring, George Sampas) advised Swiss pharmaceutical company Novartis on the acquisition of 60 million shares of Eon’s common stock owned by Santo Holding (Deutschland) for e13bn (£8.92bn). Eon Labs advised by Willkie Farr & Gallagher (Steven Seidman).

Clifford Chance (Jose Maria Fernandez Daza) advised Spanish power transmission company Red Eléctra de España on its acquisition of the remaining 75 per cent stake in Infraestructuras de Alta Tensión (Inalta) for e247m (£169.5m). Inalta advised by Uría & Menéndez (Juan Ignacio Gonzalez Ruiz, Barbar Sotomayor) and Garrigues (Luis Guerreiro).