Dresdner Kleinwort Wasserstein has helped BarcoNet, the Belgian multimedia distributions solutions provider, negotiate a 136% premium on its €173m ($154m) takeover by US-based Scientific-Atlanta.

DrKW was lead adviser to BarcoNet on the deal, and it was the first time the bank had worked for the company. DrKW was mandated in July to help BarcoNet, which is listed on Euronext, as the company had received a tentative expression of interest from another company and wanted an investment bank to advise on its strategic options. It is understood that about five parties were interested in buying BarcoNet.