Wanadoo makes

France Télécom subsidiary Wanadoo makes an all-share £1.6bn offer for Freeserve. France Télécom and Wanadoo advised by Norton Rose (Iain Wright), Gide Loyrette Nouel (Herve Pisani), Lehman Brothers and Morgan Stanley Dean Witter. Freeserve represented by Herbert Smith (James Palmer), Linklaters & Alliance (Jeremy Parr), CSFB, Rothschild and Goldman Sachs.