Eircom looks to Freshfields on Babcock takeover offer
Freshfields Bruckhaus Deringer, led by corporate partners David Sonter and Stephen Hewes, has cemented its ties with client Eircom by advising on a potential E2.36bn (£1.63bn) takeover offer from Australian investment group Babcock & Brown, which made a formal approach last week. Eircom has given Babcock the go-ahead to examine its books. Linklaters M&A partner Nick Rees is acting for Babcock.
Burges Salmon handles Coca-Cola HBC work
Burges Salmon, led by partner Sandra Forbes and associate Graham Soar, has acted for client Coca-Cola HBC, one of the largest bottlers of the Coca-Cola Company, on the establishment of a E2bn (£1.38bn) medium-term note programme. The programme has been updated to comply with the EU Prospective Directive and has changed its listing from the Luxembourg Stock Exchange to the London Stock Exchange. Clifford Chance, led by capital markets partner David Dunnigan, advised Citigroup as lead arranger.
LeBoeuf scores High Court win for Avon Insurance
LeBoeuf Lamb Greene & MacRae and 4 New Square have won a £6m claim for Avon Insurance against Blackburn Rovers Football Club, stemming from a 1997 injury to player Martin Dahlin. Blackburn, advised by Laytons and Stephen Cogley of Quadrant Chambers, lost its High Court case when Mrs Justice Dobbs rejected the club’s claim that Dahlin’s retirement was caused by a back injury, rather than by a degenerative condition in his spine. LeBoeuf insurance partner David Wilkinson, with Jeremy Stuart-Smith QC and David Turner of 4 New Square, advised Avon.