Hachette Distribution Services, a subsidiary of Lagardère Media, buys Virgin Megastores for close to $120m (£84.18m).

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Related briefings

Gowling advises Cairngorm Capital on acquisition of MJ Wilson Group

International law firm Gowling WLG has advised client Cairngorm Capital Partners LLP (Cairngorm Capital) on the acquisition of M J Wilson Group Limited (MJ Wilson), the leading independent UK distributor of process instrumentation and control products. The transaction was led by Corporate, Finance and Tax partner Ian Piggin, Jade MacDonald and Stephen Bowman with support […]

Tikit enhances UK sales team

To deal with growing client demand Tikit expands its sales team with the appointment of former IT Lab employee Craig Dootson.  Craig has vast experience of the IT industry having worked across multiple areas including licensing, thin client technology, cloud hosting and Office 365.

Cedarlake acquires majority share of BMF

Cedarlake Private Equity Fund I, advised by Rantum Capital, has acquired from Argos Soditic Funds the majority of BMF Group AG, the world’s third-largest ropeway manufacturer with more than 320 employees in Switzerland. Vischer advised Cedarlake and Rantum. The team led by partner Dr. Robert Bernet comprised Dr. Peter Kühn, Sebastian Flückiger, Ruben Masar, Aron […]

Pensions in 30 Podcasts, episode 27: Termination of employment and pension losses

By Ian Chapman-Curry Key Points Calculating pension loss can be complex, especially where the employee was in a defined benefit pension scheme. The Employment Tribunal service published a 2003 guidance note which suggested two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn. During April and […]

Ogier in Luxembourg advises Echo Energy on £20m bond issue

Ogier has provided Luxembourg advice to Echo Energy plc (Echo Energy) on the raising of £20m through an issue of bonds listed on the Luxembourg Stock Exchange Euro MTF Market. Echo Energy plc is a London listed Latin American focused mid-cap oil and gas company pursuing a high value piped onshore gas strategy across South […]

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Bar Council to work on direct access recommendation from OFT's report

BarDirect restrictions are brought into question as bar considers an extension of clients’ direct access to barristers The Bar Council is willing to explore the recommendation in the Office of Fair Trading’s (OFT) report on competition in the professions to extend direct access.Although the bar’s consultation paper in response to the OFT’s report looks largely […]

A view from Amsterdam

A European patent is like a soap bubble – it is wonderful to look at, but the moment you touch it, it splashes into little pieces. The comparison of a European patent with a soap bubble doesn’t mean that a European patent is worthless – far from it. However, it does mean that until the […]

Technology media & telecoms

So, the unbundling of BT’s local loop was due to be resolved by July. And is it? Is it heck. The ever-lengthening process of negotiation between BT and operators is fast resembling a playground fight over who gets to play with the skipping rope. Of course, the comparison is a little unfair, but in both […]

DOJ takes on three for antitrust team

The antitrust division of the Department of Justice is taking on three more lawyers as it reshuffles its team under the new administration. Co-chair of anti-trust litigation at Jones Day Reavis & Pogue, Deborah Platt, joins as deputy assistant attorney general in charge of civil enforcement, and Hunton & Williams partner Hewitt Pate joins as […]

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