Reed Smith, Macfarlanes and Berwin Leighton Paisner (BLP) have won roles on the $142m (£89m) acquisition of iconic jewellery brand Faberge by gemstone company Gemfields.

Faberge is majority owned by former BHP Billiton CEO Brian Gibertson’s investment company Pallinghurst Resources, which acquired the company in 2007. Gibertson also jointly controls Gemfields with investor grouping Rox.