Associated British Foods (ABF) sells Burton’s Biscuits to Hicks Muse Tate & Furst’s funded newco Eubisco for £130m. ABF advised by Herbert Smith (Stephen Hancock), Hicks Muse Tate & Furst advised by Weil Gotshal & Manges (Andrew Harting). Debt finance provided by Donaldson Lufkin & Jenrette and Deutsche Bank, advised by Clifford Chance (James Johnson).