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  • Linklaters is advising French wine and spirits company, Remy Cointreau, on the acquisition of Bols Royal Distilleries of the Netherlands. Remy Cointreau will acquire 100% of Bols Royal Distilleries for euro 510 million ($446 million), payable partly in cash and partly in Remy Cointreau shares. The combined company will have a stronger presence worldwide, particularly in central and eastern Europe where Bols is a market leader.
  • Clifford Chance has advised Société Générale on a floor plan securitization for Hyundai Motor Finance. Hyundai was advised by Latham & Watkins.
  • UK drinks and confectionery group Cadbury Schweppes, will pay $1.5 billion to buy Snapple Beverage Group, the US drinks company, from US company Triarc. The deal was formally announced on September 18 and completion is expected by November.
  • Lovells is to open two Italian offices, in Milan and Rome, this month. In its first foray into the Italian market the firm has got off to a good start with the appointment of three partners from leading Italian firms, Pavia e Ansaldo and Gianni Origoni & Partners.
  • WorldCom is acquiring Intermedia, a US broadband communications company, for $6 billion. The deal gives WorldCom a 54% controlling interest in Digex, a provider of application services for internet-based businesses.
  • Linklaters has launched a legal extranet, Clients@Linklaters, which provides clients with direct access to contact, deal and billing information via a single website. Linklaters claims it is the most advanced extranet to be offered by a law firm.
  • The regulation of Investigatory Powers Act 2000: RIP?Landwell, London
  • Turkey moves towards creating a derivatives marketHergüner Bilgen & Özeke, Istanbul
  • Asset finance: the assignment of receivablesClaro y Cia, Santiago
  • Russia enacts tax reformsLeBouef Lamb Greene & MacRae, Moscow