Corporate deals round-up

Freshfields Bruckhaus Deringer

(William Lawes, Jonathan Rees, Jeffery Roberts) provided UK and Russian legal advice to US energy company ConocoPhillips on its successful bid for the purchase of a 7.59 per cent stake in Russian oil company OAO Lukoil. The $1.988bn (£1.115bn) purchase from the Russian government represents a deal value of $30.76 (£17.25) per share. Wachtell Lipton Rosen & Katz (Andrew Brownstein, Martin Lipton) acted for ConocoPhillips in the US, while Lukoil was advised by Akin Gump Strauss Hauer & Feld (James Langdon, Rick Burdick, Richard Wilkie).

Eversheds (Keri Rees, Alastair Peet) acted for Austrian brick producer Wienerberger on the €132.4m (£91.4m) acquisition of UK-based brick manufacturer the Brick Business, inclusive of debt. Macfarlanes (Nicola Richards, Charles Horsfield) represented the Brick Business.

Baker & McKenzie (Florian Kaestle) advised UK-based private equity house PPM Ventures on the €110m (£76m) purchase of Mueller & Weygandt GmbH & Co. Lovells (Patrick Kaffine) acted for the German distributor of dental materials.

Norton Rose (Alan Crookes, Simon Currie, Jason Moss, Hannah Logan) acted for utility company Scottish Power on its £116m acquisition of the remaining 50 per cent stake that it does not already own in South Coast Power from American Electric Power Company. South Coast Power was advised by in-house counsel.

Allen & Overy (Robin Harvey, Annelies Van Der Pauw, Justin Steer) advised UK-based private equity house Cinven in the €2.08bn (£1.44bn) joint purchase with Apax Partners of VNU World Directories from VNU. The acquisition of the Dutch telephone directory publisher has been structured with equity finance from the €4.4bn (£3.04bn) third Cinven fund and the €4.4bn Apax Europe V Fund. VNU World Directories was represented by Simpson Thatcher & Bartlett (John Creed, John Finley, Daniel Clivner) and De Brauw Blackstone Westbroek (Arne Grimme).