Dechert LLP advised Orange, one of the world’s leading telecommunications operators, in the sale of its entire 70% stake in Telkom Kenya to Helios Investment Partners.

Telkom Kenya is the country’s incumbent fixed-line operator and is the third player in the mobile market. In accordance with the agreement signed in November 2015 between Orange and Helios Investment Partners, and following the approbation of the relevant authorities, Orange completed on 10 June 2016 the sale of its entire 70% stake in Telkom Kenya.

Squire Patton Boggs has advised Mobusi Mobile Advertising S.L., the leading mobile advertising company in Spain and one of the leaders in Europe, on the acquisition of Sun Media, an advertising company specializing in digital marketing.

International law firm Simmons & Simmons has advised Samsung Asset Management (Hong Kong) Limited (‘Samsung’) on the listing of the first inverse and leveraged products ever in Hong Kong.

The four products commence trading on The Stock Exchange of Hong Kong today, 13 June 2016.

Ashurst advised Time Out Group plc ("Time Out"), the multi-platform media and e-commerce group on its successful £195 million initial public offering on AIM.

The IPO comprises a new issue of 60 million ordinary shares at an issue price of 150 pence per ordinary share, raising gross proceeds of £90,000,000. Based on the issue price, the market capitalisation of the Company at Admission will be approximately £195 million. Admission to trading on AIM will become effective at 8.00 a.m. on 14 June 2016.

Bird & Bird's London Corporate team has advised AXIO Data Group on the acquisition of Chipworks Inc by its portfolio company TechInsights, to create a global leader in advanced technology intelligence and technology founded patent advisory services.

Chipworks is headquartered in Ottawa, Canada. The acquisition was funded through the creation of a new acquisition finance facility on which Bird & Bird also advised.

DLA Piper represented NuVasive, Inc. in a US$98 million cash acquisition of Biotronic from Biotronic NeuroNetwork, a provider of intraoperative neurophysiological monitoring services. With the addition, NuVasive will double its neurophysiology footprint.

The acquisition allows NuVasive to expand its services related to spine procedures. The company will be able to better serve its health system customers by supporting clinical fulfillment through enhanced surgical monitoring and oversight capabilities, and increasing the breadth of products and services.

DLA Piper represented HCL Technologies, a leading global IT services company, in an investment in its strategic partner Moogsoft, a provider of real-time IT Operations Analytics software.

HCL Technologies' investment reflects the company's strategy to partner with next generation start-ups like Moogsoft, as the two companies work together on IT operations analytics and event automation. HCL's investment is part of US$30 million investment to fund global expansion that Moogsoft secured over two phases of an oversubscribed round of Series C financing.

Delphi advises Com Hem in connection with the acquisition of Boxer TV-Access AB from Boxer, Teracom Group AB.

For more information, please see Com Hem's press release.

Delphi's team was led by managing partner David Aversten and senior associate Rickard Isacson and consisted mainly of Johan Hübner, Jonas Ingvarson, Magnus Berterud, Frida Lager and Jeppa Persson

International law firm Simmons & Simmons has advised MTN Uganda on a syndicated loan which will be invested in its network infrastructure, particularly the roll-out of high speed data capacity.

MTN Uganda, the country’s largest telecoms network operator, is a subsidiary of South Africa’s MTN Group, a longstanding client of the firm. The firm advised on UGX 240bn and USD 44m long term syndicated loan arranged by Stanbic Bank Uganda Limited and The Standard Bank of South Africa, with foreign banks with local presence participating in the syndication.

Frankfurt - Paul Hastings LLP, a leading global law firm, announced today that it has advised 7Days Group, a leading press distribution company, on the acquisition of the Güll Group from Deutsche Post AG and the Neue Verlagsgesellschaft mbH (Burda).

The Güll Group is one of the leading full-service providers in the area of press service, subscription management and e-commerce and warehouse logistics in Germany and Switzerland. The Group was founded in 1977 and employs 170 people at its locations in Germany and Switzerland.