Osborne Clarke advises on Carphone Warehouse buy
Osborne Clarke scooped a role advising Carphone Warehouse on its £154m acquisition of OneTel, closing the deal in just 10 days. The mobile phone retailer bought the fixed-line telecoms business from Centrica. The deal includes an initial price of £132m, with a further £22m depending on new customers signing through the British Gas network. The purchase more than doubles Carphone Warehouse’s residential telephone customer base and makes it the UK’s third-largest supplier of fixed-line telephone services. Ashurst represented Centrica.
Field Fisher guides change to forensic sciences setup
Field Fisher Waterhouse has advised the Home Office on the restructuring of the Forensic Science Service, which provides the police and criminal justice system with essential forensic science services. It has transformed from being a Home Office trading fund to a separate, government-owned company. Corporate partners Tim Davies and Neil Palmer led the Field Fisher team through the restructure, which took more than two years to complete. Charles Russell advised the Forensic Science Service.
HBJ Gateley Wareing takes Titan through acquisition
HBJ Gateley Wareing has advised AIM-listed client Titan Europe on its €270m (£186m) acquisition of the whole issued share capital of Italian industrial vehicle manufacturing giant Italtractor. The Gateley team was led by corporate partner Katie Silvester. Allen & Overy‘s Milan office advised on the Italian law aspects of the deal. Clifford Chance, Studio Salardi and Sciume & Associato represented Italtractor.