The breeding company AquaGen announced March 31 the acquisition of Profunda, a facility in Møre og Romsdal that produces land-based broodstock salmon.

The investment in Profunda will ensure delivery of roe from AquaGen throughout the year.

AquaGen is a breeding company which develops, produces and delivers genetic material to the global sea-farming industry and has a leading position as a provider of fertilized eggs of Atlantic salmon and rainbow trout.

Clifford Chance has advised Software AG, Darmstadt, Germany, on its acquisition of Cumulocity GmbH, Düsseldorf.

Macfarlanes has advised Incisive Media, Alchemy Partners’ portfolio company, on the sale of its Insight division to Infopro Digital, a leading French business to business publisher.

Paul, Weiss represented Tencent in connection with its investment in Kuaishou Technology. Kuaishou is one of the leading video and photo-sharing services operators based in China. 

The Paul, Weiss team included corporate partner Jeanette Chan and counsel David Lee.

On March 22, 2017, Avaloq Group announced that it has entered into an agreement with Warburg Pincus, a global private equity firm focussed on growth investing, under which Warburg Pincus agreed to acquire a stake of approximately 35% in the company from existing shareholders. The transaction values Avaloq in excess of CHF 1 bn and is subject to regulatory approval.

Darrois Villey Maillot Brochier advised Vivendi on the establishment of a € 3 billion EMTN (Euro Medium Term Notes) programme.

The programme was registered with the French Autorité des marchés financiers on 22 March 2017.

The DVMB team was led by Laurent Gautier with the assistance of Romain Querenet de Breville in capital markets. Loïc Védie advised on tax aspects.

The bank syndicate was advised by Gide.

Shearman & Sterling represented Nokia in connection with the update of its €5 billion Euro Medium Term Note Programme, the drawdown of €1.25 billion in senior notes and Nokia’s tender offer for cash for existing debt.

Shearman & Sterling represented Nokia in connection with the update of its €5 billion Euro Medium Term Note Programme, the drawdown of €1.25 billion in senior notes and Nokia’s tender offer for cash for existing debt.

Luxembourg – Luther Luxembourg advises Altice N.V. in the process of entering into an agreement to acquire Teads, the leading online video advertising marketplace in the world with an audience of more than 1.2 billion visitors including 720 million via mobile.

LETT has advised the Visma Group on the acquisition of the Bluegarden Group, which is the leading Scandinavian supplier of payroll systems and HR management with branches in Denmark, Norway and Sweden.

Bluegarden, which is behind payroll-system products such as MultiLøn and DataLøn, has for the past 1½ years been owned by US P/E fund Marlin Equity Partners.