Freshfields Bruckhaus Deringer has received a further boost to its M&A practice by advising Tesco on the supermarket’s £530m agreed bid for Midlands convenience store chain T&S Stores.

The deal is the third headline M&A transaction to be worked on by Freshfields this month, with the firm also advising P&O on its £3bn acquisition of Carnival Cruises and Powergen on its £1.37bn purchase of energy group TXU Europe.