United Kingdom

Advised Premier Farnell plc, a global distributor of electronic components and industrial products, on the sale of its UK industrial tools distribution division

Advised an ad hoc committee of bondholders representing over 70% of the debt in Eggborough Power Limited, a UK power station, on (a) the formation of a new company for the purpose of acquiring and holding a controlling interest in the Eggborough CTA Bonds and (b) an associated US$600m financing. The Eggborough CTA Bonds include an option to purchase Eggborough power station in March 2010

Advised Gallaher Group plc, the world’s fifth largest tobacco company, on a recommended cash offer from Japan Tobacco Inc

Advised The Sage Group plc, a leading international supplier of accounting and business management software solutions

, subsidiary of Empresas La Moderna Advised Empresas La Moderna on the sale of its subsidiary Cigarrera La Moderna, Mexico’s largest cigarette producer, for a combination of cash and redeemable notes

Advised Kelda Group (formerly Yorkshire Water) on the all-cash purchase of Aquarion Company, a US water utility group.

, 53% subsidiary of Cable and Wireless plc Advised C&W on the reorganisation of Cable & Wireless Communications, including the sale of CWC’s consumer businesses to NTL and the acquisition of the public minority interest in CWC’s business telephony, data and IP operations

Advised Dorling Kindersley, a leading and innovative book publisher, on the sale of the company to Pearson in an all cash transaction.

Advised Diageo on the sale of The Pillsbury Company for $5.1 billion in assumed debt and $5.4 billion in stock to General Mills.

Advised AerFi on its sale to debis AirFinance .