Deals of the week - 19.09.2002
Windiest deal: Buckinghamshire- based BP Collins acted for the Mayflower Corporation on the creation of its renewable energy company, Mayflower Energy, which has clinched a 74 million deal with National Wind Power for two turbines.
Mayflower will supply a turbine installation vessel, while the turbines will be provided by Danish manufacturer Vestas Celtic Wind Technology, advised by Reading's Field Seymour Parkes.
Most harmonious deal: Newcastle-based Ward Hadaway advised international software giant Sage Group on its 6 million sponsorship of a music centre on Gateshead Quays, scheduled to be completed next year.
The centre will include music halls and an information and education centre.
Best-navigated deal: Reynolds Porter Chamberlain in London acted for mobile navigation company Yeoman Group on its placing and open offer of 7.5 million new ordinary shares at 75p per share, raising 5.6 million.
Best-managed deal: London-based Blake Lapthorn acted for Zurich Financial Services on the spin-out to a management group of its Gresham business, which will now operate independently.
However, Gresham will continue a relationship with Zurich, which committed 265 million to the new venture.
Macfarlanes in the City advised the management group on the deal.
Healthiest deal: UK-US firm Mayer Brown Rowe & Maw acted for healthcare investors Omega Worldwide in its merger with Four Seasons Healthcare, advised by Macfarlanes and White & Case.
The agreement was conditional on the purchase of shares in Omega's affiliate Principal Healthcare Finance Limited by Four Seasons.
Principal was represented by Reed Smith Warner Cranston.
Best-located deal: London-based Howard Kennedy acted for Mayfair Real Estate on its 22.5 million purchase of four office buildings in Mayfair.
CMS Cameron McKenna and Hamlins advised the unnamed sellers.
Taylor Johnson Garrett acted for the lenders, the Bank of Scotland.
Most kicking deal: Howard Kennedy also acted for We are QPR - a supporters' company which acquires and promotes players at Queen's Park Rangers Football Club and receives an agreed share of the proceeds of future transfers - on its public share offer.
The company hopes to raise 1.25 million.
Most entertaining deal: Nicholson Graham & Jones in the City acted for Heron International on its purchase of a joint venture between British Land and Rank Group, comprising three leisure parks and ten bingo halls.
SJ Berwin advised British Land, with Richards Butler acting for Rank.
Allen & Overy represented the lenders, Deutsche Bank.
Cleverest deal: Pinsent Curtis Biddle's Leeds and London offices acted for the Department for Education and Skills, along with its own legal advisers, in the creation of a not-for-profit trust aimed at delivering education services in the London Borough of Hackney.
The local authority was advised by its in-house team.
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