BAT uses Herbies on danish purchase
British American Tobacco (BAT) has turned to Herbert Smith for advice on its £2.05bn purchase of Scandinavia’s largest tobacco brand.
Wilsons in Butterfly World launch
Wilsons has won the mandate to set up Butterfly World, a £25m butterfly dome near St Albans that will open this week.
Bakers and Norton Rose navigate DP World’s first Egyptian buyout
Baker & McKenzie and Norton Rose have steered through the first Egyptian investment by Dubai ports operator DP World, which has taken control of the Sokhna Port Development Company.
SJ Berwin and Herbies act on Universal music selloff
SJ Berwin and Herbert Smith have landed roles advising on the disposal of European music publishing catalogues that include tracks from the likes of Justin Timberlake and Britney Spears.
Shearman, Sullivan, Cleary and Simpson gear up for sovereign funds
The top US firms are turning their attention to the sovereign wealth funds.
Firms package up Britton Group deal
Browne Jacobson, DLA Piper and Eversheds advised on the £77m secondary buyout of Britton Group by HSBC Private Equity and HSBC Bank. Based in Cheshire, Britton Group is one of the top 20 plastic packaging businesses in Europe, producing 80,000 tonnes of plastic products each year. The buyout supports existing management and provides for future […]
Jumbos jettisoned
The deals may have become smaller, but a more cautious market means lawyers are being consulted more than ever.
The rogue to ruin
Société Générale has become the latest victim of rogue trading, but after years of repeated systemic failure, regulations must respond and improve.
22
Paper view
The credit crunch is putting pressure on acquisition finance lawyers to tighten up their documentation.
Using leverage
Six months on from Norton Rose’s credit crunch survey, has the leveraged buyout market changed in line with predictions?
Little trouble in big China
Rigid foreign exchange policies have helped shield China from the worst effects of the US sub-prime crisis. By Han Qimeng and Marianne Ramel
Turkish finance used in CC, Dickson Minto deal
Clifford Chance and Dickson Minto have won roles on Turkey’s largest-ever private equity deal, which was funded entirely by local banks.