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  • Linklaters has advised the banks involved in the €10.7 billion hostile takeover bid of Portugal Telecom Group by Sonaecome Group
  • White & Case is leading Mid Europa in its 100% acquisition of Baltic mobile operator Bité from Danish company TDC. The purchase price has been set at €0.45 billion and represents the largest ever Baltic leveraged buy out.
  • Edmund Park will join Mayer Brown Rowe & Maw's London office from Gide Loyrette Nouel in early February. He is a derivatives and structured securities specialist, with a particular focus on CDOs.
  • While 12% of M&A purchasers are unhappy with the price they paid, only 7% of deals are being renegotiated. This leaves many unsatisfied purchasers, according to a new report
  • Freshfields Bruckhaus Deringer has advised Investor and Morgan Stanley Principal Investments (MSPI) on their agreement to acquire Mölnlycke Health Care Group for an enterprise value of €2.85 billion.
  • The High Court in Australia has confirmed that shareholders in the failed gold miner Sons of Gwalia will rank equally with creditors in its insolvency
  • Freshfields Bruckhaus Deringer has been hit by the news that partner and leading lawyer David Ereira is set to move across London to join Linklaters' banking practice
  • Banks in Kazakhstan, particularly in the second tier, are facing stringent new regulations governing foreign borrowing and bond issuance
  • The Trade and Development Bank of Mongolia has issued the first euro medium-term note programme in Mongolia
  • MWE China Law Offices, a newly formed Shanghai-based law firm licensed in the People's Republic of China, has entered into a strategic alliance with McDermott Will & Emery.