Deals Summary

Allen & Overy (Roberto Casati) advised Montedison on the sale of its 56 per cent share in the Euronext-listed starch manufacturer Cerestar to food distributor Cargill. Cargill advised by Clifford Chance and Slaughter and May.

Hobson Audley (Paul Taylor) advised Lighthouse Group in its acquisition of BWA Holdings for £2.1m. Lighthouse also raised £2.2m through a placing by KBC Peel Hunt of more than 3 million shares in the company at a price of 60p per share. BWA advised by Foot Anstey Sargent (Mark Lewis).

Memery Crystal (Nick Davis) advised Seymour Pierce as broker to UBC Media Group on the placing and open offer of more than 19 million shares at 28 pence per share to raise £5.44m. The financing will be used to fund the development of UBC's digital business and to repay a debt to GWR Group. UBC advised by Wragge & Co (Julian Henwood, Jane Stirling).

Bird & Bird (David Ayers) and Paul Weiss Rifkind Wharton & Garrison (Toby Myerson) have advised BT along with its in-house legal team (Tim Cowen) on the unwind of Concert, BT's international joint venture with AT&T. Wachtell Lipton Rosen & Katz and an in-house team advised AT&T.

Pinsent Curtis Biddle (Martin Shaw, Michael Robinson) advised NM Rothschild & Sons and Beeson Gregory as the joint sponsors on a £10.8m placing and open offer for healthcare Group Provalis. Provalis advised by Richards Butler (David Boutcher).