Herbert Smith acted for Sears, which accepted a £549m takeover offer this week from January Investments, a bid vehicle headed by retail entrepreneur Philip Green. Edward Walker-Arnott, Richard Lewis and Austin Sweeney led the team. January Investments was represented by Lovell White Durrant. Marco Compagnoni headed its team.

Denton Hall and Denton International advised consumer, commercial finance and related services providers The Associates, on its acquisition of Avco for $3.9bn (£2.44bn). Simon Brown led the Denton Hall team. Leon Barriola from Denton Lupicinio R Spain, and Alexandre Marque at French firm Sales Vincent – both part of Denton Alliance – advised on Spanish and French law. Brendan Heneghan from William Fry, Anouscka van der Kuyp from Trenite van Doorne and Gunner Blomberg from Wistrand Advokatbyra Stockholm advised on other European matters. Allen and Overy’s Alistair Lindsay represented Avco.