London firm Couchman Harrington Associates advised AIM-listed sports services group Essentially on its £325,000 acquisition of Arundel Promotions, set up by ex-England cricketer Alec Stewart and football manager Alan Smith. Arundel was advised by London firm Gregory Rowcliffe Milners.
Petrol:City firm CMS Cameron McKenna, in conjunction with other firms within the nine-member CMS organisation, advised Talisman Energy on the $480m (£272m) sale of its Dutch subsidiary Goal Petroleum to French oil giant Total. Total was advised by its in-house team.
Healthcare: City firm Taylor Wessing advised Asterand on an exclusive licence agreement with Allergan, a multi-speciality healthcare company. Allergan paid Asterand $6.25m (£3.5m) for the rights to a series of compounds to treat eye conditions. Allergan was advised by its in-house team.
Financing: City firm Trowers & Hamlins advised the National Bank of Bahrain and Al Baraka Islamic Bank on a $500m (£284m) syndicated financing for Bahrain Mumtalakat Holding Company, the investment arm of the Kingdom of Bahrain. Mumtalakat was advised by its in-house counsel.
Steel: City firm Travers Smith, alongside Irish firm A&L Goodbody, advised AIM-listed Acertec on the disposal of its UK manufacturing and reinforcements divisions and its 50% interest in Irish joint venture BRC McMahon Reinforcements – worth £25m in total – to Celsa Steel Service (UK). Regional firm Geldards advised Celsa Steel.
Merger: Regional firm Cobbetts advised Leeds-based workplace consultancy Work Inc Holdings on an £8m merger with Eastlake Group, to form Eastlake Work Group. The new group will have a combined turnover of more than £75m and 500 employees. Scottish firm Semple Fraser advised Eastlake Group.
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