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  • UK firm Allen & Overy is advising on one of the first true acquisition financings in the UAE. Albert Abela Corp, a company specializing in services such as in-flight and hotel catering, is to buy Unilever's African & Eastern Group. Unilever's operations include liquor outlets which supply licensed purchasers, hotels and the airport Duty Free. There are less than 10 licenses to operate such suppliers in the UAE.
  • US firm Milbank, Tweed, Hadley & McCloy has secured its second significant leveraged buy-out (LBO) in Asia's improving markets.
  • Vodaphone AirTouch has raised a euro30 billion ($29.8 billion) syndicated loan in connection with its bid to buy German telecommunications company Mannesmann.
  • Marne et Champagne, the second largest producer of champagne, is to raise euro396 million ($393 million) through a bond issue secured on more than 60 million bottles of champagne.
  • Freshfields advised on completed European deals worth more than any other law firm in 1999, knocking Sullivan & Cromwell off the top spot, according to a report by Thomson Financial Securities Data.
  • Big five firm Arthur Andersen has announced that it has hired former Clifford Chance managing partner Tony Williams in an attempt to compete with top international law firms.
  • Uría & Menéndez
  • Latin America
  • Gleiss Lutz Hootz Hirsch Frankfurt
  • Patton Boggs LLP