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  • BSCH extends Latin American links with Patagon.com
    Banco Santander Central Hispano (BSCH) is to acquire Patagon.com, an Internet brokerage company, in a deal valued at $500 million. The online Miami company will increase BSCH's reach into Latin America, where Patagon.com has websites in all the major Spanish- and Portuguese-speaking countries.
    March 31 2000
  • VeriSign buys Network Solutions for $21 billion
    Fenwick & West and Davis Polk & Wardwell are advising on the largest merger involving a Silicon Valley company. The deal is VeriSign's acquisition of Network Solutions and is valued at $21 billion. The agreement was announced on March 7 and is also the second largest involving Internet companies.
    March 31 2000
  • Commonwealth Bank of Australia acquires Colonial
    The Commonwealth Bank of Australia announced last month that it intends to buy Colonial Limited for $5.7 billion. The combined group will be among Australia's market leaders for lending deposits and asset management. It will also become the country's third largest issuer of new life insurance premiums.
    March 31 2000
  • Simmons & Simmons grabs two deals in Hong Kong
    Simmons & Simmons has been used as adviser on two of Hong Kong's largest recent deals, underlining its status in the market. In the first, the UK firm advised Pacific Century Cyberworks (PCCW) on its acquisition of Cable & Wireless HKT. The successful bid is one the largest takeovers in Asia with a value of $36 billion. Cable & Wireless owns a 54% stake in HKT. The merger will make PCCW the third largest company on the Hong Kong Stock Exchange.
    March 31 2000
  • Shearman & Sterling recruits non-lawyer to board
    US law firm Shearman & Sterling has hired a non-lawyer, Clinton Kendrick, to its executive board. The firm calls Kendrick "an international financial services executive and entrepreneur". He joins the firm from Matrix Global Investments, where he was CEO. The other members of the four-man board are: Stephen Volk, senior partner; Whitney Pidot, managing partner; and David Heleniak, European coordinator.
    March 31 2000
  • Jones Day’s London chief heads to Allen & Overy
    Stephen Fiamma will leave his position as partner-in-chief of the London office of Jones, Day, Reavis & Pogue on April 30 and will join Allen & Overy as a tax partner. Robert Thomson, an English lawyer and former head of litigation at Jones Day, will take over as partner-in-chief at the US firm's London office.
    March 31 2000
  • Austrian firms poised to respond to rumour frenzy
    As the argument for embracing a loose alliance of pan-European law firms subsides, Austrian firms seek to strengthen their international ties with a view to a possible merger. Stephen Mulrenan reports
    March 31 2000
  • Two heads are better than one at Garrigues & Andersen
    Garrigues & Andersen, has appointed Jose Maria Alonzo and Miguel Gordillo as joint managing partners. The directors of Garrigues voted unanimously to maintain the joint-management system that was introduced three years ago when the Spanish firm merged with the big five's Arthur Andersen. They replace Daniel Garcia-Pita and Alberto Terol. Antonio Garrigues will remain as president.
    March 31 2000
  • Haarman Hemmelrath opens in Moscow
    German firm Haarmann Hemmelrath has added to the recent opening of offices in London and Brussels by moving into Moscow. The new office complements to the firm's existing eastern European network which includes Prague, Warsaw, Bucharest and Budapest.
    March 31 2000
  • Clifford Chance scoops leading Lovells securitization lawyer
    Clifford Chance has boosted its international securitization practice by attracting one of Lovells' leading capital markets partners, Peter Voisey. The loss will be a blow to Lovells and gives Clifford Chance a total of eight partners in its stand-alone group.
    March 31 2000
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