Barclays Private Equity sells its 65 per cent shareholding in Luton Airport to TBI for £82m. Barclays Private Equity advised by Ashurst Morris Crisp (Simon Beddow). TBI advised by Norton Rose (Jillian Gauntlett).

Croda International sells its worldwide resin business to Cray Valley for £17m. Croda International advised by Addleshaw Booth & Co (Sean Lippell). Cray Valley advised by Denton Wilde Sapte.

Frutarom Industries acquires the flavour and ingredient divisions of CPL Aromas for around £11m. Frutarom advised by SJ Berwin (Jonathan Metliss). CPL Aromas advised by DLA.

American Electric Power (AEP) and Xcel Energy completes £1.84bn disposal of Yorkshire Power Group to UK energy supplier Innogy Holdings. AEP and Xcel advised by Allen & Overy (Alan Paul, Jeremy Thomas). Innogy represented by Linklaters & Alliance (Charles Jacobs).

Cargill merges its UK agricultural operations with those of Sidney C Banks Group to create one of the largest agribusiness supply operations in the UK with sales of more than £450m. Cargill advised by KLegal (Allan Rippon). Sidney Banks advised by Leeds Day.