DLA Piper has advised technology company Seeing Machines Limited (AIM: SEE) on its £15 million (approximately AU$25.7 million) capital raising through a placing and subscription.

The fundraising involved the conditional placing of new ordinary shares with institutional investors by finnCap Ltd, and an opportunity to certain existing shareholders to raise up to a further £2 million (approximately AU$3.4 million) under an overseas offer and Australian offer.

Egorov Puginsky Afanasiev & Partners’ Competition Law practice has successfully developed an antitrust compliance programme for M.Video, the leading Russian retail chain selling consumer electronics and appliances and one of the largest companies in this market in Europe. The company has become the first consumer electronics retailer to launch an antitrust compliance programme.

Led by their Frankfurt-based partner Michael Schlitt Hogan Lovells advised Deutsche Telekom AG on the placement of 1.8m Scout24 AG shares.

Deutsche Telekom placed the shares together with Willis Lux Holdings 2 S.à r.l. in liquidation, German BMEP Ord GmbH & Co. KG und MEP Ord GmbH & Co. KG in the course of an accelerated bookbuilding procedure at a price of 32 € per share with investors. This placement increased Scout24's free float since their flotation on the stock market.

Hogan Lovells for Deutsche Telekom AG:

Herbert Smith Freehills is advising the satellite broadcaster Sky on a recommended takeover offer from Twenty-First Century Fox (21st Century Fox). This is the second largest public M&A deal to be announced in the UK market this year.

Charles Russell Speechlys has advised the Civica Group (an investee company of OMERS Private Equity) on its latest acquisition of Abritas Ltd (Abritas), a software and website development company specialising in the social housing sector.

Bird & Bird advised Netherlands-based and listed mail services provider PostNL on the acquisition of 50% of the shares in HIM Holtzbrinck 25 GmbH from Georg von Holtzbrinck through its German subsidiary Postcon. HIM Holtzbrinck 25 GmbH is the holding company for PIN Mail AG and mailworXs GmbH. The transaction effectively dissolved a joint venture of Postcon and Georg von Holzbrinck so that PostNL, through Postcon, will hold 100% of the shares in the joint venture company and (indirectly) 100 % in PIN Mail AG and 87 % in mailworXs GmbH. The transaction value remained undisclosed.

DLA Piper has advised leading Out of Home media company Ocean Outdoor on the milestone upgrade of the iconic Piccadilly lights site in London, owned by Land Securities.

Real Estate partner Paul Jayson advised Ocean Outdoor on commercial and real estate matters arising from the project, which will see the current screens replaced with a single state-of-the-art LED digital screen and live technology hub. A number of global brands including Coca-Cola Great Britain and Samsung have already announced their commitment to the site.

A team led by Munich-based M&A partner Boris Dürr advised AL-KO GmbH on the acquisition of a majority stake in Steca Elektronik GmbH.
 
AL-KO's investment in Steca Elektronik by means of a capital increase will become effective January 1, 2017. As a strategic partner, AL-KO will take out a majority stake in the Memmingen-based electronic service provider. At the same time, the company founders, the Voigtsberger family, will continue to play an active role as shareholders.
 

London—Dentons has advised MTG, a leading international digital entertainment company, on the sale of its African production and broadcasting business to Kwese Free TV, the media arm of telecom group Econet. The sale includes MTG's production operations and channels in Tanzania, Ghana and Nigeria. A competitive auction process resulted in exclusive negotiations with Kwese and a deal being signed in May 2016. The Nigerian and Ghanaian legs of the deal completed in December 2016. The Tanzanian part of the deal remains subject to regulatory approval in Tanzania.

King & Wood Mallesons (KWM) has advised leading ASX listed IT managed service provider, ASG Group Limited, on its $340 million acquisition by Japanese buyer Nomura Research Institute Ltd (NRI) by way of a scheme of arrangement.

KWM’s M&A and Dispute Resolution practice groups acted on the acquisition, which received overwhelming shareholder support.

The firm worked alongside the ASG merger team, Citi, PwC, Euroz and NRI.