Clifford Chance (CC) has bagged a lead role on the $7.2bn (£3.57bn) acquisition of Danone's biscuit business by Kraft Foods.

The magic circle firm advised Kraft, with New York-based relationship partner Sarah Jones (M&A) leading a team of lawyers from the US and Paris. The Paris team included corporate partners Gilles Lebreton and Marcus Billam, Eric Davoudet (tax) and Christian Lacheze (intellectual property).

Kraft also used Sutherland Asbill & Brennan for US tax advice and Arnold & Porter for competition, while Danone turned to France's Bredin Prat for legal advice on the transaction.