Software developer Intrinsic disposes of its entire business to fellow developer SAS Institute for an undisclosed sum. Intrinsic advised by Denton Wilde Sapte (Neil Vickers). SAS Institute advised by Freshfields Bruckhaus Deringer (Ken Baird, Colin Law).
World Travel Holdings acquires deckchair.com in a deal worth nearly £10m. Deckchair.com advised by Altheimer & Gray (Brian Rutherford, Todd Culyba). World Travel Holdings advised by Goodman Derrick (Philip Langford).
Lloyd's of London sets up global insurance portal lloyds.com, an online virtual marketplace. Lloyd's of London advised by Clifford Chance (Dermot Turing, Hilary Evenett).
SHL Group acquires Advanced Personnel Technology for an undisclosed combination of cash and loan notes. SHL advised by Mundays (Peter Munday). Advanced Personnel Technology advised by Kerman & Co (Daniel O'Connell).