Herbert Smith (Stephen Wisking, Jonathan Scott), has obtained European Commission merger clearance for Andersen’s UK merger with Deloitte & Touche. The deal, which was entered into on 9 April 2002, was cleared by the commission on 1 July 2002.
Macfarlanes (Charles Meek, Stephen Drewitt) advised 3i on a £35m funding package for Partners for Finance, a provider of outsourced services to the financial services sector. Management advised by Brabners Chaffe Street. Former shareholders of the company advised by Cobbetts.
Travers Smith Braithwaite (Neal Watson) advised Wilshaw on the £5.1m share buyback of 30 per cent of its issued capital. Broker and financial adviser Collins Stewart was represented by Gouldens.
Charles Russell (Mark Moncreiffe) advised Scoot Business UK on its £8.5m sale to BT. BT represented in-house (Rupert Orchard, Nigel Paterson).
McDermott Will & Emery (William Charnley) advised Brightdart on its £40m unconditional offer for Quicks Group. Quicks advised by Ashurst Morris Crisp. Financial advisers Royal Bank of Scotland and Bank of Scotland advised by Denton Wilde Sapte.
Matheson Ormsby Prentice (Tim Scanlon) advised Aircraft Management Technologies on its €5m (£3.21m) second round funding. Delta Capital Partners and Pentech Ventures, which provided the funding, were advised by William Fry and Dickson Minto.
Hammond Suddards Edge (Ian Greenfield) advised Huddersfield-based Bon Marché on its £75m sale to Peacocks. Peacocks advised by Ashurst Morris Crisp.