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  • Plesner & Grønborg
  • Garrigues & Andersen
  • Flick Gocke Schaumburg
  • The boards of the UK's Barclays and Woolwich have reached an agreement on Barclay's offer for Woolwich in a deal worth £5.4 billion ($8 billion). The union will bring together two leading and complementary financial services businesses in the UK and increase the enlarged Barclays Group's presence in the mortgage market.
  • US food manufacturer General Mills has merged with Pillsbury in a deal worth $10.5 billion. The deal will yield the owners of Pillsbury – UK spirits and beer company Diageo – an estimated $4.5 billion and a 33% share in the merged company, which will be the fifth-largest food company in the world.
  • Singapore’s decision to liberalize legal services could create a premier league of firms in the island republic
  • Ashurst Morris Crisp
  • Herbert Smith of the UK has announced a formal relationship with German firm Gleiss Lutz Hootz Hirsch. The agreement, which represents a far stronger form than an alliance, gives the two firms 15 offices across Europe and Asia, and could well lead to full corporate integration.
  • Lead managers Saloman Smith Barney, Lehman Brothers and Merrill Lynch turned to Davis Polk & Wardwell in connection with the $1 billion Rule 144A issuance of high-yield notes by Williams Communications Group Inc. The Williams Communication Group distributes and manages digital assets throughout North America, as well as providing communications equipment and network services.
  • Granada Media of the UK has acquired United News and Media's ITV interests – television companies Meridian, Anglia and HTV – as well as programme production and international distribution businesses for £1.75 billion ($2.75 billion) in cash and stock. The move enables Granada to play a major role in ITV – the UK's most watched television channel – strengthening its position in UK broadcasting, content creation, pay TV and broadband.