Deals of the week - 23.01.2003

Most experimental deal: London firm Stringer Saul acted for Antisoma, which specialises in the development of novel cancer treatments, on its strategic alliance with Roche, advised in-house.

The deal grants Roche the right to bring to market a range of promising cancer drugs in exchange for an initial payment of $35 million, plus ongoing payments to Antisoma which could exceed $500 million if all existing pipeline products are successfully launched.

Roche has also taken a minority stake in Antisoma.

Most fluid deal: Manchester firm Lockett Loveday McMahon acted for the owner of Bifold Fluidpower on the sale, for a seven-figure sum, of the company to its management, advised by Turner Parkinson.

Addleshaw Booth & Co acted for equity investor Barclays Unquoted Investments.

Slickest deal: CMS Cameron McKenna acted for BP on its agreement to sell its 96% stake in the North Sea Forties oilfield to US oil and gas company Apache, represented by Herbert Smith.

Most mobile deal: Warrington firm Ridgway Greenall acted for South Lakeland Caravans on its 16 million purchase of Lake District Pursuits, which owns three holiday caravan parks, advised by DLA.

Halliwell Landau advised the funders, Royal Bank of Scotland and HSBC.

Highest rated deal: City firm Kemp Little advised Thomson Financial on the sale of Thomson Financial Insurance Solutions to international ratings agency Fitch Ratings, advised by US firm Sidley Austin Brown & Wood.

Most concrete deal: Carlisle firm Burnetts acted for William Rainford (Holdings) on its 1.6 million purchase of a concrete block plant in St Helens from Hanson Concrete Products, represented by Bristol firm TLT.

Most revved-up deal: Penningtons acted for KP Fund, a leading Danish life assurance company and pension fund, on its 30 million purchase of the Honda Building in Slough - the headquarters of Honda Motor Europe - from Scottish Widows, advised by Freshfields Bruckhaus Deringer.

Most on-track deal: City firm Howard Kennedy acted for Ballymore Properties on its recent joint venture with Hammerson - advised by Herbert Smith - to purchase the 63 million property portfolio of RT Group (formerly Railtrack Group).

Ashurst Morris Crisp advised the liquidator of RT Group.