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  • Deals in brief
    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.
    February 01 2000
  • Milbank Tweed notches up second Asian LBO
    US firm Milbank, Tweed, Hadley & McCloy has secured its second significant leveraged buy-out (LBO) in Asia's improving markets.
    February 01 2000
  • Vodaphone secures largest ever syndicated loan
    Vodaphone AirTouch has raised a euro30 billion ($29.8 billion) syndicated loan in connection with its bid to buy German telecommunications company Mannesmann.
    February 01 2000
  • Glaxo Wellcome and SmithKline Beecham in UK’s largest merger
    January also saw the biggest ever all-UK corporate deal with the announcement that Glaxo Wellcome and SmithKline Beecham intend to merge.
    February 01 2000
  • UK firm forges new European alliance
    UK firm Osborne Clarke has added French firm Stehlin & Associés to its European alliance and has pledged increased cooperation with existing partners in Germany, Denmark, Holland and Spain.
    February 01 2000
  • Freshfields knocks Sullivan & Cromwell off European top spot
    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.
    February 01 2000
  • Independent power projects in Saudi Arabia
    Saudia Arabia’s growing demand for energy may soon force the country to open its doors to foreign investment.
    February 01 2000
  • Investment grade Korea revives securitization
    Korean securitization is enjoying a renaissance after the difficulties of the Asian financial crisis.
    February 01 2000
  • News - Covington & Burling, Howard Smith & Levin to merge
    One of Washington’s most highly regarded law firms, Covington & Burling, announced last month that it would merge with the smaller firm of Howard, Smith & Levin.
    February 01 2000
  • Singapore lawyers bracing for competition
    Time is running out for Singapore lawyers. When the legal reform bill becomes law, expected this month, the attorney general will be able to approve up to five joint ventures and five formal alliances between foreign and local law firms.
    January 01 2000
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