[Berlin, 2017-03-13] On 19 April 2017, the Berlin Court of Appeal is due to hear the appeal in GEMA versus Webedia GmbH – a publisher of leading entertainment brands such as Filmstarts, Moviepilot, GameStar, GamePro and IGN. In March 2016, the publishing group, whose focus is on digital media, contested GEMA’s first-instance action before the Berlin Regional Court for royalties for the public showing of film trailers containing music.
Storytel AB (publ) entered into an agreement on 1 March 2017 regarding the acquisition of Denmark’s fourth largest publisher – People's Press. The consideration amounted to SEK 97 million on a debt-free basis.
People's Press has an annual turnover of about SEK 130 million and a 2016 pre-tax profit of SEK 10.5 million. The acquisition does not include the music side of the business.
White & Case LLP has advised Capgemini, a global leader in consulting, technology and outsourcing services present in more than 40 countries, on the acquisition of digital strategy and experience design consultancy Idean Enterprises Oy.
"We advised Capgemini on a strategically important transaction that will strengthen its digital leadership," said Helsinki-based White & Case partner Timo Airisto, who led the Firm's deal team.
We represented Silvadata Oy and its 64 shareholders in the sale of the company to the US-based technology group Trimble Inc. and its Finnish subsidiary Trimble Finland Oy. The largest shareholder of the company before the transaction was The Central Union of Agricultural Producers and Forest Owners (MTK). In the transaction, Trimble acquired 100% of the shares in the company.
We were advising Gutsy Animations Oy in complex negotiations concerning the production of new animated Moomin TV-series. The Moomins were created by internationally known author and illustrator Tove Jansson and nowadays Moomin Characters holds the official Moomin copyrights and Bulls Presstjänst is the partner in licensing. In all, nine books, five picture books and 73 comic strips stories were published between 1945 - 1993 with the addition of numerous television series, films and even a theme park Moomin World.
Davis Polk is advising Millicom International Cellular S.A. on the combination of its operations in Ghana with Bharti Airtel Limited.
Olswang has advised long-standing client Turner International, a division of Time Warner, on two transactions in recent weeks.
The firm's corporate experts worked closely with preferred US firm, Thompson Hine LLP, on the acquisition of the infrared optics specialist.
The corporate team from independent UK law firm Burges Salmon has advised photonics technology business Gooch & Housego PLC (G&H) on the acquisition of StingRay Optics.
Founded in 2004, StingRay Optics is a premier designer, manufacturer and supplier of world-class infrared optical assemblies, and this acquisition enhances G&H’s strategic objective of diversification into the aerospace and defence sector.
Our advice and assistance, throughout 2016, consisted in helping DietSensor validate its regulatory strategy including from the perspective of the rules governing medical devices, health personal data, medical practice and the protection of consumers. We also assisted DietSensor in the design and drafting of the general terms of use and privacy policy of the Internet platform connected to DietSensor’s nutrition scanner.
WISeKey International Holding Ltd ("WISeKey") (SIX: WIHN) announced that it has obtained a USD 16.4 m secured line of credit facility (the "Credit Facility") for acquisition financing with maturity up to 18 months from ExWorks Capital, a U.S. private debt fund specializing in international trade and working capital financing.