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  • German chemicals group Degussa SKW Co has set up £1.55 billion syndicated multicurrency acquisition facilities to fund the £1.36 billion acquisition of UK company Laporte.
  • Clifford Chance is advising Schroder Ventures on the £1 billion ($1.5 billion) financing for the purchase of UK Homebase DIY stores from supermarket retailer J Sainsbury.
  • Alessandro Varrenti White & Case has become the latest international firm to open up offices in Italy. The US firm has set up shop in Rome and Milan through a merger with Italian firm Varrenti e Associati. The combined firm will advise under the hefty title, Studio Legale White & Case Varrenti e Associati. It will have 20 lawyers and three equity partners. Alessandro Varrenti, name partner of the original Italian entity, becomes a White & Case partner, and is joined by two other partners from White & Case's international network. Ken Lee arrives from the firm's Mexico office, while Anthony Giustini is moving over from Paris.
  • Simmons & Simmons has become the latest UK firm to add a German office to its European network. The City firm has decided that Kaiser, a mergers and acquisitions (M&A) boutique with seven lawyers, will give it the foothold it needs in the German market.
  • The Amsterdam office of Freshfields Bruckhaus Deringer has tempted over a finance partner from The Netherlands' leading independent firm, Nauta Dutilh.
  • Commercial businesses to be authorized to take customer depositsRoschier-Holmberg & Waselius Helsinki
  • Buenos Aires Stock Exchange creates new listing section for technology stocksAllende & Brea
  • Legislation encouraging investment in renewable energy
  • The start of 2001 has seen the SEC introduce a number of measures aimed at promoting the role of independent directors. Kenneth Berman and Elizabeth Kaplan of Debevoise & Plimpton, Washington, DC, assess the reforms
  • IFLR is proud to announce the nominations for its 2000 Awards. The winners will be revealed during a ceremony held at The Park Lane Hotel, London, on March 15 2001. For enquiries regarding the awards dinner and reservations please contact Nichola Whitaker on +44 (0) 20 7779 8467