Most watery deal: City firm Nabarro Nathanson acted for British Waterways on a joint venture with brewer Scottish & Newcastle, advised by Milton Keynes firm Kimbells, to develop a nationwide pubs business at more than 100 sites across British Waterways' canals and rivers. Scottish firm Morton Fraser represented funder Lloyds TSB Scotland.

Best flushed deal: North-west firm Brabners Chaffe Street acted for the management on its buy-in/buy-out of Toilet Hire, which hires portable toilets and washrooms, from its parent company Speedy Hire. National firm Pinsent Masons advised Speedy Hire.


Most magical deal: Manchester's Pannone & Partners represented Magic Breaks, a call centre-based travel company specialising in travel and holiday clubs, on its sale to The Co-operative Group - advised by Watson Burton in Newcastle - for an undisclosed sum.


Most interactive deal: City firm Lewis Silkin acted for branded television specialist enteraction tv on its acquisition for an undisclosed sum of Red Fig Group, a leading provider of participation TV solutions, whose credits include 'I'm a Celebrity, Get Me Out of Here'. Exeter firm Ashfords advised Red Fig. Together the two companies aim to offer a complete digital TV channel, interactive and mobile service to major brands and content producers.


Most exchanged deal: US/UK firm Dechert acted for foreign exchange company Travelex on its £1 billion sale to funds, advised by Apax Partners and represented by magic circle firm Freshfields Bruckhaus Deringer. City firm Macfarlanes represented shareholder 3i.


Deal with the best view: London firm Forsters advised Reed Elsevier on the sale of the former Estates Gazette headquarters in Wardour Street, London, to GE Capital Corporation for £9 million. The sale followed the relocation of the property newspaper to The Eye, Bee Bee Developments' landmark building in Procter Street. US/UK firm Mayer Brown Rowe & Maw acted for GE Capital. City firm Kingsley Napley advised Bee Bee.


Most utilitarian deal: London firm Howard Kennedy acted for Qonnectis on its admission to the Alternative Investment Market and an associated fundraising worth £1.5 million. Qonnectis is a telematics and IT services provider to the utility markets, which allows users to achieve cost savings through more efficient operation of water and energy networks and improved energy conservation. City firm Wedlake Bell advised broker HB-corporate.