Norton Rose acted for Scottish Power on its acquisition of Powergen's 715 MW Rye House power station for £220m. The proposed acquisition is subject to several conditions, including regulatory approval.
The team was led by corporate finance partner Alan Crookes and projects partner Simon Currie. The team worked with Scottish Power's legal team, led by Genoffir Reid. Freshfields Bruckhaus Deringer, led by finance manager Andrew Petry, advised Powergen, whose team was led by Mark Bygraves.
DJ Freeman acted for Glenchewton on its proposed reverse takeover by i-spire corporation, which values i-spire at £74.7m. I-spire is a holding company that has investments in internet-related companies operating in internet infrastructure, travel/leisure/music and e-marketing. DJ Freeman's team was led by corporate partner Graham Barber.
Allen & Overy, led by corporate partner David Wootton, advised i-spire.
Gouldens advised Spring Group on its £71.9m disposal of the Spring Education and Spring Skills businesses to Protocol Associates. The proceeds will be used to invest in and expand Spring's core staffing and human resources in the UK and around the world.
Corporate partner Hilary Winter led the Gouldens team. Corporate partners Robert Fenner and David Wisbey of Linklaters & Alliance advised Protocol Associates. Corporate assistant Michelle Segaert of Fenners advised on the funding.
Vizards Staples & Bannisters acted for the owner/management team of Wafer Technology, which was sold to IQE for £40m. The Vizards team was led by corporate partners John Hargreaves and Martin Kay.
Lawrence Graham, led by company and commercial partner Richard Elphick, acted for the minority sellers, while Cardiff firm M&A Solicitors, led by corporate partner Alan Whiteley, acted for IQE.
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