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  • Norton Rose has acted for France Télécom's internet operation Wanadoo on the $2.4 billion acquisition of UK Internet provider Freeserve.
  • In a second landmark deal last month, Milbank Tweed Hadley & McCloy closed, Brazil's largest ever project financing. The US firm acted as lead lenders counsel on the $2.5 billion financing of the Barracuda and Caratinga oil and gas fields off the Brazilian coast.
  • The supervisory board of Deutsche Börse announced in December that it had agreed to let the exchange go public. The flotation is likely to take place in the first quarter of this year.
  • A bid to harmonize legislation on company takeovers in Europe that has been over a decade in the making may have to be scrapped. Sponsors of the directive fear last minute amendments proposed by the European Parliament will make it impossible to ratify.
  • Argentina has introduced a law which sweeps away many of the previous restrictions on leasing activities. Javier Errecondo of Bruchou, Fernandez Madero, Lombardo & Mitrani, Buenos Aires, discusses the main points of the new legislation and how they will help promote the leasing market
  • The formation of Easdaq in 1996 was the first successful attempt to create a pan-European securities exchange. This month, Rufus Jones talks to Easdaq’s general counsel, Dirk Tirez, about the exchange’s pioneering approach, his use of law firms and his thoughts on the potential for a single European stock exchange
  • Bank of Thailand’s rules on the use of internet networks by commercial banks in ThailandKitti Pintavirooj, Bangkok
  • Increasing use of plans of arrangementSmith Lyons, Toronto
  • Another tax reform in the pipelineGómez-Pinzón y Asociados, Bogota