Allen & Overy (Pierre Gissinger, Siamak Mostafavi, Armelle Walters-Renaud), advised Deutsche Bank on the f850m acquisition of a 42 per cent stake in GMB Group from Carrefour and the structuring of a related equity swap with Casino. Deutsche Bank also advised by Bredin Prat (Sébastien Prat) on the acquisition. Casino advised by Darrois Villey Maillot Brochier (Emmanuel Brochier, Hervé Pisani) and Freshfields Bruckhaus Deringer (Antonin Besse).
Cleary Gottlieb Steen & Hamilton's Hong Kong office (Jinduk Han) advised Korea Tobacco & Ginseng Corporation in its concurrent Rule 144A debt and equity offerings consisting of $244m (£167.9m) notes due in 2006, and $309m (£212.63m) global depositary shares. Banks advised by Simpson Thacher & Bartlett (Jin Park).
Ashurst Morris Crisp (Hans-Günther Nordhues) advised a consortium led by Bayerische Hypound Vereinsbank, which lent up to s130.5m to private equity investors for the acquisition of automotive group CWW-Gerko Akustik Verwaltungsgesellschaft and the assets held by Rütgers Kunststofftechnik. Investors, Süd Private Equity, advised by CMS Hasche Sigle Eschenlohr Peltzer Schäfer. Consortium also advised by Haarmann Hemmelrath & Partners.