Deals round-up

Linklaters (Peter Erbacher) advised Deutsche BP Aktiengesellschaft on the sale of 313 petrol stations in Germany, Hungary and Slovakia to OMV Deutschland for e377m (£253.8m). Skadden Arps Slate Meagher & Flom advised OMV Deutschland.

Nicholson Graham & Jones (Jeremy Landau) advised WH Ireland in relation to its role as nominated adviser and broker to Bionex Investments, whose shares were admitted to AIM on 27 January 2003. Bionex Investments advised by Stringer Saul.

Memery Crystal (Nick Davis) acted for Seymour Pierce, the nominated adviser and broker of HPD Exploration, on its placing and open offer for new ordinary shares partially underwritten by Seymour Pierce to raise up to £2.1m. HPD Exploration was advised by Lawrence Graham.

Slaughter and May (Simon Hall) advised Wessex Water Services in an eight-year bullet repayment £60m loan facility with Kreditanstalt fur Wiederaufbau. Kreditanstalt fur Wiederaufbau was advised in-house.

Steptoe & Johnson (Michael Thompson, Keri Hollywood) advised Foresight Venture Capital Trust, Trivest VCT, MTI Partners and eTechnology VCT in a new round of investment in Sarantel for £3.5m in a first closing, raising to £6m in a second. Sarantel advised by Pinsent Curtis Biddle.

Slaughter and May (Nilufer von Bismarck) advised Degussa in the sale of operations in Hythe, Southampton and Barry, South Wales, to Cognis. Cleary Gottleib Steen & Hamilton advised Cognis.

Berwin Leighton Paisner (Daniel Cohn, Quentin Solt) advised software and design group Eleco on its acquisition of Swedish software group Consultec AB for £3.95m. The sellers were represented by Linklaters' Swedish office.