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Travers Smith Braithwaite is advising US company NTL on its u8bn bid forCable & Wirelesssubsidiary Cable & Wireless Communications (CWC),represented by Linklaters.Telewest,represented by Freshfields, was considered the frontrunner tobuy CWC after bidding u8bnin April.But NTL made its own u8bn bid in June, and last week Cable &Wireless,represented by Allen & Overy, agreed not to talk to any other bidder forareported 21 months.US firm Skadden Arps Slate Meagher & Flom is NTL's adviser on thedeal'sUS aspects.Spencer Summerfield, corporate partner at Travers Smith Braithwaite,headsa 20-strong team. He says: "It was a very speedy transaction and it is acomplicatedstructure."His team includes head of corporate Christopher Ball, tax partnerNickAleksander, commercial partner Tom Purton and competition partnerMargaretMoore.Corporate partner Carlton Evans heads the Linklaters team, withcorporatepartner James Croock, tax partners Guy Brannan and Nik Mehta, andtelecomspartner Robin Durie.Allen & Overy's 20-strong team is led by corporate partnersRichardCranfield and Richard Rowland. Corporate partner Helen Harrison-Hall alsoactedon the deal with tax partner David Lewis and finance partners SimonHill and GeorgeLink.Head of corporate Barry O'Brien leads the Freshfields team advising Telewest.
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