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  • Bankers' counsel have declared the lengthy debate and negotiation process over the European Prospectus Directive to be "a lot of work for nothing"
  • Corral Finans has issued a large, international split coupon bond, following the growth trend of this form of debt issuance that began two years ago
  • The China Securities Regulatory Commission appears to be preventing companies from listing in Hong Kong unless they go to mainland China first
  • Last week's IPO of Rexel saw the electrical supplies distributor come back to the equity markets two years after being taken private.
  • William McGlone has joined Latham & Watkins' Washington, DC office as a partner.
  • Salans continues its expansion in Europe, announcing new offices in Madrid and Barcelona this week. The firm has acquired the Madrid-based law firm Masons Buxeda Menchen, adding 24 lawyers to the practice.
  • US software company webMethods has agreed an offer from Software AG, Europe's biggest software provider. The cash tender offer transaction, valued at around $546 million, is expected to close during the second quarter of 2007 subject to regulatory approvals.
  • Skadden Arps Slate Meagher & Flom has appointed three partners in Asia, as part of a worldwide expansion, which sees 29 new partner appointments.
  • National Grid has sold its mobile phone and broadcasting masts business to Macquarie for $4.95 billion.
  • Royal Dutch Shell today announced it will pay shareholders $450 million in compensation for overstating its oil reserves between 1997 and 2003