Addleshaw Goddard has advised Barclays Private Equity on the sale of clothing retailer Phase Eight valuing the company at £51.5m. Corporate partner Simon Pilling led the team. Phase Eight has been acquired by an investor consortium composed of management, Kaupthing Principal Investments, the Tchenguiz Family Trust and retail investors Michael Rahamim, Saj Shah and Ian Findlay. Eversheds advised the investor consortium and Pinsent Masons advised management.

Wedlake Bell has advised Eureka Mining on its £14.2m takeover by Celtic Resources Holdings. Corporate partner Chris Putt advised Eureka. Kerman & Co advised gold and oil property company Celtic.

McGrigors has advised West Coast Capital (WCC) Floris on its £30.2m recommended takeover bid for garden centre chain Blooms of Bressingham. WCC Floris was formed by Scottish millionaire Tom Hunter with Royal Bank of Scotland, Baugur and property entrepreneur Nick Leslau. Wedlake Bell senior solicitor Tony Lane advised Blooms.

Ashurst corporate head Adrian Clark advised French mineral mining and processing company Imerys on its £29m acquisition of UK chemicals company UCM Group. DLA Piper associate John Gallon advised UCM.