Taking off: Freshfields, alongside City firm Herbert Smith, advised airport operator BAA on its £1.5bn sale of Gatwick Airport to infrastructure asset investment fund Global Infrastructure Partners. Magic circle firm Slaughter and May advised Global Infrastructure Partners, while magic circle firm Allen & Overy advised a consortium of banks on financing the deal.

Next move: National firm Eversheds advised Next on opening its German flagship store in Dresden, marking the fashion retailer’s first foray into Germany. Next has around 500 stores in the UK and Ireland and a further 170 worldwide.

Media refinancing: Freshfields advised Royal Bank of Scotland, Alcentra, Bank of Ireland and Allied Irish Bank on a £530m debt restructuring for Incisive Media Group, the business magazine publisher. Debt was reduced from £230m to £110m, with the banks taking majority ownership of Incisive in a debt-for-equity swap. Magic circle firm Allen & Overy advised Incisive.

Industrious action: City firm Taylor Wessing advised Jersey-based investment vehicle Max Property Group on acquiring the Industrious property portfolio from the receivers of the collapsed Dunedin Group for £232m. Magic circle firm Clifford Chance advised the receivers Ernst & Young, while funders EuroHypo were advised by City firm Olswang.

Sports deal: City firm Herbert Smith advised sports retailer JJB Sports on a £100m share placing and the amendment of its debt facility with Royal Bank of Scotland. Financial adviser Lazard and stockbrokers Numis and Panmure Gordon were advised by City firm Ashurst, while City firm Lovells advised RBS.

Large beer: Clifford Chance advised brewer Anheuser-Busch InBev on the $2.23bn (£1.36bn) sale of its central European operations to private equity firm CVC Capital Partners. CVC was advised by Freshfields.