Deal summary

Olswang (Stephen Hermer) advised Imagination Technologies Group on its acquisition of Cross Products from Sega Corporation. Bird & Bird (Felicity Reeve) advised Sega Corporation.

Gordon Dadds (Michael Jepson) advised five directors in the management team of WT Foods on the £128.5m buyout and refinancing of the company. Management advised by Ashurst Morris Crisp (Robert Ogilvy Watson, David Carter). Funders Bridgepoint Capital and Rabobank International advised by Ashursts and Allen & Overy respectively.

Nicholson Graham & Jones (Richard Herbert) advised the sellers of Taylor Young Investment Management in relation to a partial sale to Galileo Investment Holdings. Galileo is a joint venture company owned by Greek investment management Alpha Trust Investment Services and Audley Twiston-Davies. Simmons & Simmons (Richard Slater, Selina Sagayam) advised Alpha Trust. Norton Rose (Cathy Olgeirsson) advised Audley Twiston-Davies.

Osborne Clarke (Matthew Lewis) advised HSBC Private Equity and 3i on a £7m development capital investment in Udex. Andersen Legal (David Bolton) advised Udex.

Ashurst Morris Crisp (Jan Sanders) advised ABN Amro Private Equity (UK) on the proposed acquisition of WH Smith Trading from parent company WH Smith. Herbert Smith (Ben Ward) advised WH Smith. Proposed management of WH Smith Trading advised by Hammond Suddards Edge (Roger Birchall).