Corporate deals round-up

Clifford Chance

(Mark Carroll) assisted investment products provider Man Group on acquiring a 25 per cent stake in BlueCrest Capital Management. The £105m deal consists of £33m in cash funded from existing resources and approximately five million new ordinary shares. Simmons & Simmons (Colin Leaver) advised BlueCrest.

Burges Salmon (Jennifer Handler) acted for engineering group Kirloskar Brothers in the acquisition of SPP Pumps from Thyssen-Bornemisza. Macfarlanes (John Dodsworth) represented pump retailer SPP in the £7m deal.

Martineau Johnson (Richard Wrigley) advised Claverley on a £76m bid for AIM-listed publishers Guiton Group. Claverley will pay £2.80 per share for Guiton through an offer by Ernst & Young on Claverley’s behalf. Nabarro Nathanson represented Guiton.

Allen & Overy (Jean-Claude Rivalland) advised InterActiveCorp on its purchase of tourism website from Canadian group Transat. Gide Loyrette Nouel (Antoine LeLong) represented Transat in the e53m (£37m) deal.

DWF Solicitors (Jeremy Swift) acted for Monstermob Group regarding the placement of its shares and admission to trading on AIM. The net proceeds of the placing will initially be used to facilitate the expansion of the mobile phone content company into Europe. Eversheds advised nominated adviser and broker Teather & Greenwood.

TLT (David Pester) advised longstanding client Avon Rubber on the sale of its European subsidiary Avon Spencer-Moulton. Purchaser NOVA Participations SAS was assisted by Osborne Clarke alliance member Stehlin & Associés (Armelle Kwiatkowski-Maitre) in the e4.67m (£3.3m) deal.

Linklaters (Simon Davies) represented Hanny Holdings in a $39.9m (£23.1m) sale of a 35 per cent interest in Memorex Holdings to Investor Capital Partners Asia Fund. The buyer, a subsidiary of Investor AB, holds an option to purchase an additional 20 per cent for $26.9m (£15.6m) within the next three years. Freshfields Bruckhaus Deringer advised Investor Capital.