Ashurst Morris Crisp (Charlie Geffen) advised Compass Capital Partners International and NewCo (Eastern) in relation to their $145m (£93.3m) cross-border acquisition of Invensys business Drive Systems. Invensys was advised by Freshfields Bruckhaus Deringer.
Weil Gotshal & Manges (James Gubbins, Natalie Diep, Vandana Shah) advised Evolution Beeson Gregory, the nominated adviser and broker to Regal Petroleum, in relation to the company's AIM placement and £10m fundraising. Regal was advised by Osborne Clarke.
Cleary Gottlieb Steen & Hamilton (Paul Shim, Andrew Curran) advised Nortel Networks on the sale of its optical components business to Bookham Technology for £71m. Bookham was represented by Brobeck Hale and Dorr.
Pinsent Curtis Biddle (Simon Gronow) advised IMI on the sale of Yorkshire Copper Tube subsidiary to KM Europa Metal AG for £12.8m. KM Europa Metal was advised by Freshfields Bruckhaus Deringer.
SJ Berwin (Andrew Harris) advised Verdoso Holdings on the sale of its worldwide Sellotape business to Henkel. Henkel was advised by Withers.Freshfields Bruckhaus Deringer (Sandy Shandro) advised UK administrator Ernst & Young on the cross-border insolvency of Canadian telcoms giant Teleglobe. Teleglobe was advised by Ogilvy Renault and by Jones Day Reavis & Pogue on US law.
Herbert Smith (Stephen Barnard) advised PricewaterhouseCoopers (PwC) Consulting and the Consulting Partners on PwC's sale of its worldwide management consulting business to IBM for $3.5bn (£2.25bn). PwC Consulting was advised by Davis Polk & Wardwell on US law.
Charles Russell (Clive Hopewell) advised Canaccord Capital (Europe) on the AIM placing of £9m of shares in Australian oil and gas company Hardman Resources. Hardman was advised on UK law by Watson Farley & Williams and on Australian law by Richard O'Shannassy & Co.