Slaughter and May corporate partner Andy Ryde has advised on a £119m placing of shares in serviced office provider Regus Group, which will fund the $302.5m (£163.5m) acquisition of rival HQ Global Workplaces. Linklaters‘ Matthew Middleditch advised underwriters Dresdner Kleinwort Wasserstein and KBC Peel Hunt.

Ashurst corporate partner Anthony Clare has advised biopharmaceutical manufacturer Protherics on its £10m share placement of shares. Travers Smith Braithwaite partner Andrew Gillen advised broker Code Securities and underwriter Altium Capital.