Travers Smith Braithwaite (Spencer Summerfield, Tom Purton) acted for NTL on the disposal of part of its indirect access telephoney business to npower for £17.7m. Osborne Clarke acted for npower.
Weil Gotshal & Manges (Geza Toth-Feher) advised US company Derby Cycle Corporation in its disposal of German subsidiaries as part of a management buyout (MBO). Weil Gotshal's London-based German practice acted on the DM250m (£79.33m) MBO.
Olswang (Tina Cowen) advised the shareholders, directors and employers of global communications company Merlin on its £95m acquisition by Vosper Thornycroft Holdings. Thornycroft advised by CMS Cameron McKenna.
Pinsent Curtis Biddle (Hugh Gardner, Peter McLoughlin, Rhodri Davies) advised NatWest Development Capital on its £4m investment in the MBO of Sargents, a commercial relocation and storage company. Sargents advised by Sussex firm ASB Law. Charles Russell advised the management.
Matheson Ormsby Prentice (Pauline O'Donovan) acted for Independent News & Media on company restructuring and the c690m (£487.34m) sale of Australasian subsidiary Wilson & Horton to APN News & Media. Independent News & Media represented by Chapman Tripp in New Zealand. APN represented by Blake Dawson Waldron in Sydney.
Nicholson Graham & Jones (Kevin McGuinness) acted for hotel operator Peel Hotels on its AIM listing. Brokers Peel Hunt were advised by Theodore Goddard.