Pinsent Curtis Biddle (Alan Greenough, Marina Fariba) has advised Ascent Technology on its £12.5m management buyout from Lynx Group. 3i provided equity and was advised by Wragge & Co. Debt provider Royal Bank of Scotland advised by Eversheds. DLA acted for Lynx Group.
Weil Gotshal & Manges (Paul Claydon, Corey Chivers) advised Yell Group on its proposed initial public offering on the London Stock Exchange. The firm previously advised Apax Partners and Hicks Muse Tate & Furst on the £2.14bn acquisition of Yell in 2001. A primary offer of £750m and a secondary offer of £300m are planned. Merrill Lynch, Goldman Sachs International and JP Morgan have been appointed as joint global coordinators and joint bookrunners. The financial advisers were represented by Freshfields Bruckhaus Deringer on UK law and Shearman & Sterling on US law.
Browne Jacobson (Gavin Cummings, Jitendra Patel, Nina Garga) has advised French company Coheris on the acquisition of UK-based Information Catalysts. Information Catalysts was represented by Shadbolt & Co.
Dewey Ballantine (Stephen Jones) has advised the American Electric Power Company (AEP) on the £1.39bn sale of Seeboard to London Electricity Group. AEP advised by Lovells.
Kirkland & Ellis (Matthew Hurlock) represented Digital Networks on its $10m (£6.64m) investment in UK-based software company Jacobs Rimell. Jacobs Rimell represented by Mayer Brown Rowe & Maw. Other investors, Advent International and Fidelity Venture, were represented by Slaughter and May.