Loan arrangers: Magic circle firm Clifford Chance advised 11 banks as lead arrangers on a $2.4bn (£1.46bn) financing for agricultural, industrial and energy supply chain manager Noble Group. Noble Group was advised by Allen & Overy.
Savings account: Freshfields, with Anglo-Scottish firm Maclay Murray & Spens, advised Barclays Bank on acquiring Standard Life Bank from Standard Life for £226m. Barclays will acquire a savings book worth £5.5bn and a mortgage book worth £8.8bn. Standard Life was advised by Slaughter and May.
Nuclear power: South-west firm Burges Salmon advised the Nuclear Decommissioning Authority (NDA) on selling 470 acres of land next to the Sellafield nuclear power site in Cumbria for £70m. In April, the NDA sold land next to sites in Wylfa, Bradwell and Oldbury, raising £387m. The proceeds will fund nuclear power station decommissioning work. The purchasing consortium was advised by national firm Pinsent Masons.
Going private: Freshfields advised Deutsche Bank on its €1bn (£900m) acquisition of Sal. Oppenheim, the Luxembourg-based private banking group which was advised by US firm Shearman & Sterling.
High frequency: Clifford Chance advised Affinity Equity Partners on acquiring a 94.2% stake in Beijing Leader & Harvest Electric Technologies (BLHET), the variable frequency drive manufacturer, for $200m (£122m). Lovells advised BLHET.
Enter the dragon: Allen & Overy, with Irish firm Arthur Cox, advised Emirates National Oil Company on its £1.2bn acquisition of the remaining 48.5% of Dragon Oil. Irish firm Mason Hayes+Curran advised Dragon Oil.
Wind of change: Linklaters advised a consortium of 14 banks on a £340m refinancing for three of energy company Centrica’s wind farms. Centrica also agreed to sell a 50% stake in the three wind farms at Lynn, Inner Dowsing and Glens of Foudland to investment managers TCW Group for £84m. Slaughter and May advised Centrica while City firm Norton Rose advised TCW.
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