Brewing up: Magic circle firm Freshfields advised brewer Anheuser-Busch InBev on selling its Tennent’s Lager brand to beverage company C&C Group for £180m. C&C Group was advised by City firm LG.
Course work: Bristol firm TLT advised David Walters, owner of Ffos Las racecourse, on securing gaming, liquor and entertainment licences that allowed him to open the first National Hunt racecourse in 80 years. The 600 acre Ffos Las course, formerly an open cast coalmine, includes a 60 metre-wide track. TLT is now looking to secure a marriage licence for the course
Building blocks: Magic circle firm Clifford Chance, alongside US firm Cleary Gottlieb Steen & Hamilton, Mexican firm Ritch Mueller, Australian firm Minter Ellison, Irish firm A&L Goodbody and Swiss firm Bär & Karrer, advised BBVA, Banco Santander, BNP Paribas, Citibank, HSBC and RBS on a $15bn (£9.2bn) debt refinancing package for CEMEX Group, the building materials company. The refinancing involved every one of CEMEX Group’s creditors, comprising more than 50 banks and 25 noteholders.
Big pharma: City firm Herbert Smith, alongside US firm Davis Polk & Wardwell, advised pharmaceutical company Warner Chilcott on its $3.1bn (£1.9bn) acquisition of the pharmaceutical business of Procter & Gamble, the consumer goods giant. US firm Covington & Burling advised Procter & Gamble.
Grecian earner: City firm Norton Rose advised on a credit card securitisation in Greece, consisting of a portfolio of credit card and open loan accounts from Piraeus Bank. The transaction involved the issue of €558m (£490m) worth of loan notes.
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