Finance deals round-up

Eversheds (Anthony McGurk, Martin Halford) advised Astron on its acquisition of Edotech from its management and Barclays Private Equity for £130m. Clifford Chance advised Astron’s lending bank, the Royal Bank of Scotland. Edotech advised by Ashurst.

Baker & McKenzie (Helen Bradley, Michael Caro) advised Tibco Software on its acquisition of Staffware, a UK business process management solutions provider. Staffware advised by Skadden Arps Slate Meagher & Flom (Michael Hatchard, Eric Friedman, Fredric Depoortere).

NautaDutilh (Freek Jonkhart) advised Volkswagen on its acquisition of Dutch fleet management company LeasePlan Corporation from ABN Amro for e2bn (£1.33bn). ABN Amro advised by Allen & Overy (Stefan Dan).

Matheson Ormsby Prentice (Tim Scanlon, John Ryan) and Cooley Godward (Keith Flaum, Eric Reifschneider) advised Siebel Systems on its acquisition of Irish retail banking solutions provider Eontec. Siebel advised by Wilson Sonsini Goodrich & Rosati and BCM Hanby Wallace.

Taylor Wessing (Tim Oldridge, Martin Winter) advised Park Lane, a new company backed by Legal & General Ventures, on its acquisition of UK leisure group Clubhaus. Clubhaus advised by Ashurst.

Ashurst (Jeff Sultoon, Jeremy Osler) advised Aveva on the £19m acquisition of Swedish internet-based IT solutions provider Tribon Solutions. Tribon advised by White & Case.

Slaughter and May (Polly Walton), Stikeman Elliot (Jean March Huot) and Nixon Peabody advised Shire Pharmaceuticals’ US vaccines business Shire Biologics on its $60m (£33.5m) takeover by ID Biomedical, a Canadian biotechnology company. ID Biomedical advised by Borden Ladner Gervais, Preston Gates & Ellis and Seed Intellectual Property.

Nörr Stiefenhofer Lutz (Kerstin Mast) and Howard Rice Nemerovski Canady Falk & Rabkin is advising Digital River on its £122.5m acquisition of Element 5, a German e-commerce outsource provider. Element 5 advised by Paul Hastings Janofsky & Walker and P+P Pöllath + Partners.