Continental Europe

Advised Wang on its acquisition of Olsy, the systems and solutions division of Olivetti, for a combination of cash and securities.

(joint venture between Cable and Wireless plc and Media One)
Strategic advice to C&W in connection with the sale of One2One, a UK mobile phone operator, 50% owned by C&W and 50% owned by Media One

, S.A. de C.V. (stake owned by Savia S.A. de C.V.)
Advised Savia on the sale of a minority stake in Seguros Comercial América, the largest Mexican insurance company, to ING Groep.

(Spirits Division)
Advised Diageo on its joint agreed bid with Pernod Ricard for Seagram’s spirits business.

Advised Nestlé on the agreed cash offer for the US pet-food company Ralston Purina

Advised Kymata Ltd, the Scottish manufacturer of optical components, on its sale to Alcatel Optronics of France.

Advised Pegaso, Mexico’s No. 2 wireless provider, on its financial restructuring and subsequent sale of 65% stake to Telefonica

Advised the Committee representing holders of UPC’s Senior Notes and Senior Discount Notes in the negotiations with UPC and its Liberty Media controlled parent company, UnitedGlobalCom, about a proposed balance sheet restructuring and recapitalisation of UPC

Advised Wella AG, a global market leader in hair care and fragrances, on its sale to The Procter & Gamble Company

(31.3 % stake owned by WestLB)
Advised TUI AG, Europe’s largest tourism company, in connection with WestLB’s sale of its 31.3% stake in TUI AG.