Technology, Media and Telecommunications

Norton Rose advised UK company Internet Technology Group (ITG) on a £146m takeover offer by California-based Concentric Network. ITG shareholders will receive a combination of cash and Concentric shares valuing each ITG share at 253p. Barbara Stephenson (pictured), corporate finance specialists partner worked on the deal with assistants Ed Lukins and Paul Whitelock. Slaughter and May acted for Concentric.