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  • National Grid has sold its mobile phone and broadcasting masts business to Macquarie for $4.95 billion.
  • The €108 million IPO of Spanish ophthalmology and plastic surgery company Clínica Baviera became public on April 4 in a groundbreaking single institutional tranche.
  • William McGlone has joined Latham & Watkins' Washington, DC office as a partner.
  • 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.
  • Sberbank's equity offering closed in the last week of March raising $8.85 billion, but despite being second only to Rosneft in size, many will be disappointed with Russia's first banking initial public offering
  • United Technologies Corporation's (UTC) fire & security unit has made an offer for Rentokil's electronic security division, Initial Electronic Security Group. The bid values Rentokil's business at $1.174 billion.
  • Leading firms in the US are taking advantage of booming private equity business as funds continue to make inroads into corporate America
  • Eco Telecom, a Gibraltar subsidiary of Alfa Bank, completed a $1.5 billion floating rate bond issue
  • Paul Hastings Janofsky & Walker represented Fila Korea in its acquisition of the global Fila footwear and apparel business from Sports Brand International (SBI).