Corporate Summary

CMS Cameron McKenna (Anthony Loring, Louise Wallace) advised Bridgepoint Capital on the proposed sale of its interest in Golden Wonder Group. Most of the Golden Wonder brands will be purchased by Longulf, advised by Denton Wilde Sapte. The Wotsits brand will be sold to Frito-Lay, part of PepsiCo International and the owners of the Walkers brand. Frito-Lay advised by Baker & McKenzie and Joanne Averiss, in-house lawyer at PepsiCo.

Osborne Clarke (Jonathan King) advised interactive games developer Kuju on its £2.25m AIM flotation. The adviser and broker to the issue was Collins Stewart.

Ashurst Morris Crisp (Vivienne de Chermont, James Perry) has advised Royal & SunAlliance Insurance Group on the £133m sale of its Isle of Man-based offshore life assurance and investment subsidiary Royal & SunAlliance International Financial Services to Friends Provident Life and Pensions. Royal & SunAlliance represented by Norton Rose.

Herbert Smith (David Paterson) has advised on its £12m acquisition of the Destination Group and associated placing of £8m of shares. Collyer-Bristow advised Destination and Simmons & Simmons advised Cazenove & Co, the underwriter of the share placing.

Travers Smith Braithwaite (David Patient, Margaret Moore) has advised Swiss telecommunications equipment group Ascom Holding on the e217m (£138.6m) sale of its mailing systems business to Neopost. Ascom was also advised by Sokolow Dunaud Mercadier Carreras; Neopost was advised by Cleary Gottlieb Steen & Hamilton.

Memery Crystal (Greg Scott) has acted for Avionic Services in connection with its move from OFEX to AIM and an associated placing to raise £2m. Avionic's broker and financial adviser was Noble & Company. Noble was advised by Maclay Murray & Spens.