Debevoise & Plimpton (James Kiernan) advised Clayton Dubilier & Rice on its £434m recommended cash offer for UK food services distributor Brake Bros. Macfarlanes gave Clayton Dubilier additional advice on UK aspects of the transaction. Brake Bros was represented by Simmons & Simmons. Lenders advised by Clifford Chance and Cravath Swaine & Moore.
Travers Smith Braithwaite (Phil Sanderson) advised Phoenix Equity Partners on its investment in Covenant HealthCare, an acquisition vehicle set up to acquire Abbey Hospitals as part of a management buy-in. The buy-in team was advised by Eversheds. Burges Salmon advised the Bank of Scotland which provided the debt finance.
Linklaters (Shane Griffin, Matthew Burgess, Krista van Winkelhof) advised PaperlinX on its £138m acquisition of the Bunzl Fine Paper division from Bunzl. PaperlinX advised on Irish law by A&L Goodbody. Bunzl was advised by Slaughter and May and by Arthur Cox on Irish law.
Cleary Gottlieb Steen & Hamilton (Pierre-Yves Chabert, Andrew Bernstein) is advising Vivendi Environnement on its E3.4bn (£2.19bn) offering of its shares. Deutsche bank, which sold 1.5 billion of its shares in Vivendi as part of the offering, was represented by Allen & Overy.