L&P's bakery deal

Linklaters & Paines has acted in Russia's second public share issue, launched last month by St Petersburg's largest chain of bakers Khlebny Dom. The issue follows the 1994 offering of shares in chocolate factory Red October, also handled by the UK firm. The team, drawn from the London and Moscow offices, handled the structure of the deal, gave Russian legal advice and co-ordinated the due diligence exercise.