Derwent London Plc, the landlord that develops mid-priced office space in central London, gained permission for a 125 million-pound ($196 million) redevelopment of the site of Saatchi & Saatchi Ltd.’s London office.
Chime Communications Plc, the public relations firm that boasts London Olympics director Sebastian Coe as chairman of the sports unit, fell as repairs to a Brazil stadium destined for the 2016 Summer Games may delay revenue.
Sullivan & Cromwell LLP advised Perrigo Co., a U.S. maker of over-the-counter medicines, which agreed to buy Irish drug company Elan Corp. for $8.6 billion, gaining a low-tax base for international expansion. Morgan, Lewis & Bockius LLP is providing Perrigo with counsel on antitrust/competition. Elan was advised by A&L Goodbody and Cadwalader Wickersham & Taft LLP.
Slovak Economy Minister Juraj Miskov plans to eliminate red tape and relax labor laws as the former advertising executive seeks to attract investors to what he says can be the Singapore of eastern Europe.