Corporate deals round-up

DLA (Mark Jackson, Steven Fennell, David Breakell) advised PricewaterhouseCoopers, Barclays Bank and GMAC Commercial Credit on the sale of Daisytek-ISA to ISA Trading for in excess of £30m. Dechert acted for ISA Trading.

Skadden Arps Slate Meagher & Flom (Robert Sullivan, Cliff Gross, Carole Aciman, Soorun Youn) represented the Royal & SunAlliance Insurance Group in its sale of Royal Speciality Underwriting to Alleghany Insurance Holdings. Dewey Ballantine advised Alleghany Insurance Holdings.

Freshfields Bruckhaus Deringer (Jan Willem Van Der Staay) acted for Invensys on the sale of Baan, the Dutch supplier of enterprise solutions, to General Atlantic Partners and Cerberus Capital Management for e115m (£81.4m). Nauta Dutilh represented General Atlantic Partners and Cerberus Capital Management.

Berwin Leighton Paisner (Richard Shaw) advised Tesco on the creation of a new joint venture with O2 (UK) called ‘Tesco Mobile’. Olswang acted for O2 (UK).

Dewey Ballantine (Morton Pierce, Douglas Getter) is representing Zimmer Holdings on its potential $3.2bn (£1.9bn) cash and stock bid to acquire Switzerland-based medical devices company Centrepulse, which is being advised by Weil Gotshal & Manges.

Pinsent Curtis Biddle (Paul Johnson) acted for Sandy Chadha, the managing director of Supreme Imports, in a £16.1m management buyout of the business from other shareholders, backed by Sand Aire Private Equity and Lloyds TSB Acquisition Finance. Sand Aire was advised by Hammonds, with the management team advised by Beachcroft Wansbroughs.

Mayer Brown Rowe & Maw (Stephen Bottomley) acted for the Waste Recycling Group on its proposed acquisition by Cholet Acquisitions, a company formed by Terra Firma Investments, for £530.9m. Terra Firma was represented by Slaughter and May.

Nabarro Nathanson (Glyn Taylor) advised Sondex on its flotation, the first Official List flotation of 2003, with a market capitalisation of £38.8m. Travers Smith Braithwaite acted for sponsor, financial adviser and broker Collins Stewart.

contacts

As well as weekly listings, The Lawyer Deals includes a rotating focus on different sectors:

23 June: Finance

30 June: Corporate

7 July: Real estate

14 July: Germany

21 June: Corporate

If you have deals you would like to be considered for inclusion, please fax them to: The Lawyer Deals, 020 7970 4640.

Alternatively, contact the reporters direct:

Corporate: Dearbail Jordan, dearbail.jordan@thelawyer.com, or Helen Power, helen.power @thelawyer.com

Finance: Julia Cahill, julia.cahill@thelawyer.com

Real estate & projects: Emma Vere-Jones, emma.vere-jones@thelawyer.com