Dewey Ballantine has secured a second major Italian instruction from Egyptian businessman Naguib Sawiris after being called in to advise on the €1.98bn (£1.13bn) acquisition of a remaining stake in Wind Telecomunicazioni.

The deal saw the Sawiris-backed vehicle Weather Investments acquire the remaining 37.5% stake from Enel for €1.98bn (£1.13bn) after its €12.2bn (£8.25bn) buy-out of the telecoms group last May.