Travers Smith Braithwaite (Chris Hale, Claire Kilburn, Nick Myatt, Moushumi Sharmacharja) advised Newmark Technology Group on its proposed cash acquisition of Grosvenor Technology, its all-share offer for the AIM-listed depository receipts of Vema NV and the firm's reorganisation and proposed readmission to AIM. De Brauw Blackstone Westbroek advised Vema and Nauta Dutilh advised Newmark.
Herbert Smith (Geoffrey Maddock) advised Friends Provident Life and Pensions in connection with its new 15-year distribution agreement with Countrywide Assured Financial Services. Countrywide advised by Ashurst Morris Crisp.
Charles Russell (Clive Hopewell) has acted for new client Techmarine International on the admission of the company's shares to trading on the Alternative Investment Market (AIM). Techmarine, which has a market capitalisation of £30m, specialises in ship management services.
Ashurst Morris Crisp (Steven Fox, Jonathan Earle) advised Galen Holdings in connection with the $16m (£10.3m) disposal of its Interactive Clinical Trials Services business to ICTI Acquisition. Simpson Thacher & Bartlett advised Galen on US law. ICTI advised by Stevens & Lee and L'Estrange & Brett.
Nicholson Graham & Jones (John Elgar) advised Sportech on its £1.35m acquisition of IFX Group, part of Zetters Football Pools, from parent company Zetters International Pools. Zetters represented by Simmons & Simmons.