Clifford Chance today announced that a cross-border team of lawyers in New York and London is advising Informa PLC on its acquisition of Penton Business Media Holdings from MidOcean Partners and Wasserstein & Co.

Under terms of the agreement, Informa will acquire Penton for $1.558 billion (£1.18 billion), subject to customary adjustments, with the acquisition to be funded through a combination of both debt and equity, including a fully underwritten £715 million rights issue. The transaction is expected to close before the end of 2016.

William Fry advised Brite:Bill, a Dublin-based billing software company on its acquisition by AmDocs, the Nasdaq-listed software and services provider.

Founded in 2010, Brite:Bill is headquartered in Dublin, and has offices in London, Madrid, San Francisco, Shanghai and Toronto. The company helps service providers, such as utility companies, telcos and banks, present and manage billing communications.

The William Fry team was led by Corporate Partners Myra Garrett, Mark Talbot, Barry Conway and Andrew McIntyre.

International law firm Pinsent Masons has advised GMPVC German Media Pool GmbH on a media partnership with one of Germany’s fastest growing e-commerce companies, ABOUT YOU.

Slaughter and May is advising Reliance Communications (RCOM) on its transaction with Maxis Communications Berhad (MCB) to combine RCOM’s Indian wireless business with Aircel.

The transaction is the largest-ever consolidation in the Indian telecom sector and will create an operator clearly ranked in the top 4 operators in India by customer base and revenues. The merged company will have combined assets of $9.7 billion (INR 65,000 crore) and net worth of $5.2 billion (INR 35,000 crore).

Danish based Boyum IT Solutions A/S has acquired Swiss based beas Group, the top international provider of manufacturing software for SAP Business One. The acquisition is part of Boyum IT Solutions' growth strategy and strengthens the company's position as a strong global Software Solution Provider.

Catena Media p.l.c has issued corporate bonds amounting to EUR 50 million. The bonds are issued within a framework amount of EUR 100 million. The company has undertaken to list the bonds on Nasdaq Stockholm.

Catena Media p.l.c is a company engaged in online and affiliate marketing, mainly within the casino and loan business, and has its shares listed on First North.

Freshfields has advised Hewlett Packard Enterprise on the sale and merger of its software division with Micro Focus

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised Hewlett Packard Enterprise (‘HPE’) on the sale and merger of its software division with Micro Focus. HPE is an industry-leading technology company and Micro Focus is a global enterprise software company with a proven track record of managing both growing and mature software assets.

As reported by The New York Times, The Wall Street Journal, Bloomberg and other media outlets, Paul, Weiss client HP Inc. announced a definitive agreement to acquire Samsung Electronics Co., Ltd.'s printer business in a deal valued at $1.05 billion. The transaction, which is subject to customary regulatory and other closing conditions, is expected to close in the second half of 2017.

Paris - Lawyers from the Paris office of global law firm K&L Gates have advised global interconnection and data center company Equinix on the acquisition of Digital Realty's operating business in St. Denis, Paris, including its real estate and data center facility, for approximately EUR €190,000,000.

Equinix will extend its hosting capabilities in the site that currently houses its PA2 and PA3 International Business Exchange data centers.

Travers Smith LLP has advised Arkadin, one of the largest and fastest growing providers of Unified Communications (UC) and Collaboration services on its acquisition of Applicable Ltd., a leading provider of Cloud Unified Communications and enterprise voice services.

Applicable’s 12-year track record of success in building, implementing and managing cloud-based Microsoft Lync and Skype for Business for large enterprises will enable Arkadin to expand its global reach and bring the value of Unified Communications services to large and global companies.