Clyde & Co

Cases and deals

Commercial and Outsourcing

• Pfizer
  Two product disposal plans one in conjunction with another leading pharmaceutical company.
• Group 4 Securicor
  • Acted in relation to its £250m cash processing outsourcing transaction with Alliance and Leicester plc
  • Acted in relation to its £200m outsourcing cash market services agreement with Abbey National plc
  • Advising on its participation in a £400m PFI consortium to design, build, finance and operate a secure training centre.
  • Advising on the outsourcing of the maintenance for its entire fleet of vehicles

Employment

• DHL
  Advising on major company restructuring, including trade union issues
• BOC Edwards
  Advising generally on the employment aspects of a company sale and all transfer of undertakings and Union consultation issues
• Novartis
  Advising on a range of employment issues and internal policy issues
• Guardian Insurance
  Acting for Guardian Insurance in respect of a major executive departure
• Malaysia Air 
  Advice on restructuring of UK Business re employees and trade union issues

Equity Capital Markets

• Bora Communications/Eleksen
  Advised on reverse takeover by Eleksen Ltd of Bora Communications creating Eleksen Group plc – £20.4m
• Rhinopharma
  Advised Rhinopharma on its readmission to AIM through a reverse takeover transaction with Isis Resources plc, creating Verona Pharma plc and raising £2.5m.  We now act for Verona Pharma
• Silverdale
  We have advised Silverdale Services (9th in Bloomberg League Table for Indian convertible bonds having executed 2nd highest number of issues) on a number of transactions in 2006 including:
  ASSAM Company Ltd - US$48m Foreign Currency Convertible Bond
  Bhagyanagar India Ltd – US$15m Foreign Currency Convertible Bond
  Karur KCP Packagings Ltd - US$10m Foreign Currency Convertible Bond
• Target Resources
  AIM placing raising £4m for Target Resources, a holding company of a group of alluvial diamond mining and exploration companies set up for the purpose of developing diamond and gold mining assets and projects primarily in Sierra Leone
• Zirax
  Advised on an AIM placing raising £7.75m for this speciality chemical company

IT/TMT

• Computer Links (UK)
  Advising on a number of new software distribution arrangements
• Steljes
  Advising on its new selective distribution network and new direct software distribution business
• Nokia
  Advising on general commercial matters
• Dairy Crest
  Advising on a number of own-product supply arrangements
• Insurance Services Office Inc
  Acted on the setting up and running of the Lloyd's Market Association insurance wordings repository
• Partnership Assurance
  Handling the IT and data protection issues arising out of its demutualisation
• QBE
  Advising on its outsourcing of electronic fraudulent claim detection services to a third party
• Eurosoft
  Advising on the licence of its proprietary document management software to Société Générale
  

M&A

• Cathedral Capital plc
  Acting for the company in relation to its £113m takeover by Alchemy Partners and Management
• Microgen plc
  Acted on a number of acquisitions including its £80m bid for Smartstream Ltd, its takeover offers for MMT Computing plc (£18m), AFA Systems plc (£9m) and its £4m acquisition of Milvus Software
• Intercontinental Hotels plc
  Acted on sale of Blackfriars Hotels Ltd. for £81m to Grupo Statuto of Italy
• Dassault Systemes SA
  Acquisition of the Rand Group in the UK, one of the many acquisitions for this leading French defence corporation
• Britannia Parks Ltd.
  Acted on the £30m acquisition of Kingsmead Parks Ltd. 
• Cobra Beer
  Advised Cobra Beer in relation to an innovative PIK note investment by Och Ziff involving a warrant structure and shareholder arrangements
• Cube Financial Holdings
  Advised on sale of Cube Financial Holdings to Fimat International Banque SA
• ED&F Man Holdings
  Acted on acquisition of Safic Alcan, sale of equity participation in Masefield AG
• The Fielding Group
  Acted on acquisition of the business and undertaking of SR Gent
• Hanover Financial Group
  Acted on the acquisition of Hanover Financial Group by GFKL Financial Services AG
• Papeteries Hamlin
  Acted for Papeteries Hamelin, the French stationery company on its acquisition of John Dickinson, uniting the Oxford and Cambridge stationery brands under one roof in the UK
• Triode Investments
  Acted on the sale of Triode Investments to BWG Group for €390m
• Windsor plc
  Advised on £33.7m MBO of Windsor plc