Clifford Chance in Electronics Boutique deal

Clifford Chance is advising computer retailer Electronics Boutique's buy-out of its rival Game.

Corporate finance partner Adam Signy is leading a team of 12 – including partner in competition law John Osborne and Kate Newly, an associate heading up the banking team – on the u99.2m cash and paper deal.

Gareth Roberts, partner in corporate at Herbert Smith, is leading the team for computer retailer Game, which has had a poor share performance since the start of the year.

Commenting on the size of the Clifford Chance team, Signy says: "In a share and cash deal like this, it involves a lot of financing, documenting and competition issues."

He adds: "The deal will give Electronics Boutique a significant platform when it moves into Europe."

Electronics Boutique's takeover bid coincides with its other rival Dixons' move to sell off its stake in internet service provider Freeserve.

Dixons, represented by Titmuss Sainer Dechert, Linklaters and Denton Hall, has appointed investment bank Credit Suisse First Boston to examine its options.