Freshfields has taken a role alongside five US firms on the $10bn (£6.3bn) sale of Tyco International’s Flow Control business, reports The Am Law Daily.

US water pump and filter company Pentair is acquiring Tyco Flow Control six months after Tyco announced plans to split into three independent companies, each focusing on one of the conglomerate’s three main products: home security systems, flow control equipment, and commercial fire and security systems.