Lovells is acting for SABMiller on its buyback of outstanding shares in Peruvian drinks company Backus and Colombian brewer Bavaria. The company plans to spend about $478m (£269m) on the remaining 21.1% of Backus and $1.36bn (£765m) on the 28.2% it does not have of Bavaria. Corporate partners John Davidson and Andrew Pearson are leading the team.

Olswang has acted for US film producer Lions Gate on its $35m (£19.7m) acquisition of UK film distributor Redbus Film Distribution. Head of corporate Tony Leifer led the Olswang team, assisted by film partner Jacqueline Hurt. Slaughter and May corporate partner Simon Nicholls advised Redbus.