DEALS OF THE WEEK 05.01.2001
Raciest deal: Baker & McKenzie acted for the British Racing Drivers' Club (BRDC) and Silverstone Circuits in their deal with Brands Hatch Leisure Group (BHL) - which will next year own the UK Grand Prix licence - whereby the Silverstone motor racing circuit has been let to BHL for 15 years as Brands Hatch itself does not have adequate facilities.
Bird & Bird (corporate) and Paisners (property) acted for BHL.
Eversheds acted for HSBC bank, which lends to the BRDC and has a charge over the Silverstone Circuit.Booziest deal: Macfarlanes and US firm Debevoise & Plimpton advised Pernod Ricard while Slaughter and May and US firm Sullivan & Cromwell advised Diageo on their 5.5 billion joint acquisition of Seagram's spirits and wine business.
The deal is subject to competition clearance.
US firm Simpson Thacher & Bartlett acted for Seagram.
Pernod and Diageo will each retain certain businesses and dispose of the others.
US firm Jones Day Reavis & Pogue advised JP Morgan and Societe Generale, Pernod's financial advisers.
Most on the ball deal: SJ Berwin acted for ENIC on the 22 million acquisition of 26.9% of Tottenham Hotspur football club from Sir Alan Sugar, represented by Herbert Smith.
ENIC has an option to acquire the other 13.2% of Sir Alan's stake in the next 18 months for 11 million.Most accommodating deal: Kingsley Napley acted for Technology and Internet Property Services, which offers high-tech clients accommodation in return for equity, on its first property investment, an office building in north-west London for 5.6 million.
Amhurst Brown Colombotti acted for the unnamed foreign vendor.Best-travelled deal: Garretts is acting for British Airways and Field Fisher Waterhouse for Thomas Cook on their joint venture to offer scheduled outbound programmes.
The two companies plan to merge their UK scheduled businesses.Most wired deal: Sheffield firm Hartley Linfoot & Whitlam represented the management team which bought out The Wire Magazine from Namara Group, advised by Biddle, for an undisclosed sum.Most chemical deal: Marlow firm Moorcrofts Corporate Law advised the management team of Alfa Chemicals in the purchase of the entire issued share capital of its parent company Alfa Technical Industries from retiring shareholders, who did not receive external legal advice.
West midlands firm Woolastons acted for NatWest, which provided finance.Most do-it-yourself deal: Allen & Overy is advising RMC Group on the 285 million sale of its Great Mills retail business, comprising 98 DIY superstores, to Focus Do It All, advised by Slaughter and May.
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