CC and Linklaters help with sale of HJ Heinz arm
Clifford Chance and Linklaters acted in the E425m (£289.5m) disposal of HJ Heinz’s European seafood business to Lehman Brothers. The deal, which closed last month, involves the sale of shares and assets in locations including France, Ghana, Portugal, the Seychelles and the UK. Clifford Chance advised Heinz, led by Kathy Honeywood. Linklaters advised Lehman, led by Carlton Evans and Fabrice de la Morandiere.
Reed Smith advises on Bodisen AIM listing
Reed Smith advised Chinese fertiliser manufacturer Bodisen Biotech on the £12m AIM listing of the company’s US shares. Bodisen is the first Chinese company listed on a US stock exchange, and is the largest Chinese company on AIM, valued at £160m. London-based partner Jeff Rodwell led the team.
David Ryland, CC act in Docklands property deal
SJ Berwin real estate partner David Ryland advised private investment bank Evans Randall in its acquisition of 25 North Colonnade, Canary Wharf for £191m. Vendor Canary Wharf Ltd was advised by Clifford Chance real estate partner Tony Briam and assistant Justin Turner. SJ Berwin’s James McDonald assisted Ryland. The building is let to the FSA, and has 13 years remaining on the lease.
Equator hires Pinsents to act on private placing
Pinsent Masons advised fuel explorers Equator Exploration on the UK aspects of a $250m (£143.5m) private placing. The British Virgin Island-registered company is involved in oil and gas exploration in West Africa. The Pinsents team was led by corporate finance partner Russell Booker.