Ebay, through its subsidiary, StubHub, has acquired Ticketbis, a Spanish company whose business activity is intermediation in ticket selling between private parties.
Cuatrecasas advised Ticketbis on this transaction, led by our Corporate Group. Francisco J. Martínez Maroto headed the legal team.
Fieldfisher advised Merkle, a leading US-based technology-enabled, data-driven performance marketing agency, on its bank-funded acquisition of DBG, a UK-based independent performance marketing agency that specialises in optimising client data to make compelling connections to drive growth and improve marketing and business performance. DBG has a wide range of European and international clients, including Renault, Sony, Ted Baker, Center Parcs, RBS and VW.
The acquisition had a number of complicating features, including:
Fieldfisher has advised longstanding client Access Intelligence plc on its disposal of Due North Limited to Proactis Holdings Limited in a cash deal worth £4,500,000. Due North Limited provides a cloud hosted procurement platform to clients throughout the UK, predominantly in the public sector. Due North's platform processes an annual procurement spend of approximately £100 billion.
The Court of Appeal has ruled that trade marks registered as a series are compatible with EU law.
The decision, handed down today (25 May) marks another victory for Gowling WLG client Comic Enterprises Limited (Comic) in its long-running dispute with media giant Twentieth Century Fox (Fox) over the TV show "Glee".
Partner Cerryg Jones and Senior Associate Nick Smee advised Comic, owner of The Glee Club comedy and music chain. Douglas Campbell QC acted as counsel.
Freshfields Bruckhaus Deringer LLP (Freshfields) is advising Tunisie Telecom on the acquisition of GO plc (GO). Tunisie Telecom will proceed with a voluntary offer for the issued share capital of GO to be launched pursuant to Chapter 11 of the Listing Rules issued by the Malta Financial Services Authority.
Allen & Overy has advised leading international sports media company MP & Silva and its shareholders on a strategic partnership with Everbright, a financial services company in China, and Beijing Baofeng Technology, an internet entertainment and technology company listed in China’s A-share market.
Leading international law firm Clifford Chance has advised Baofeng, a Chinese internet entertainment and technology company and Everbright, a major Chinese financial services company in their successful bid through the Shanghai Jinxin investment fund to acquire a majority stake in MP & Silva Holding SA. MP& Silva is a leading international sports media rights group with a large portfolio of sports media rights including Europe's top leagues in football, Grand Slam tennis, motor racing and the National Football League.
Baker & McKenzie assisted AND Inc., a Japanese SPD* business support system supplier, with the launch of "Smile20," a cash flow improvement support service that utilizes a special purpose company to provide assistance for medical institutions across the country. Baker & McKenzie provided legal advice on the securitization of medical materials and medicines accounts receivable, as well as on structured financing arrangements.
Darrois Villey Maillot Brochier advises Vivendi on a 1.5 billion euros bond issuance made up of two tranches with maturities of 5 and 10 years, respectively.
The first tranche in an amount of 1 billion euros bears interest at a rate of 0.75% per year and matures in 2021. The second tranche in an amount of 500 million euros bears interest at a rate of 1.875% per year and matures in 2026.
The notes will be admitted to trading on the regulated market of Euronext Paris.
Defence sector experts from Burges Salmon have advised Ascent (a 50:50 joint venture between Babcock and Lockheed Martin) on its £1.1bn deal under the overarching United Kingdom Military Flying Training System (UKMFTS) contract with the Ministry of Defence.
The deal comprises contracts with:
* Airbus to deliver 32 training helicopters (29 H135s and 3 H145s) along with through life support
* Lockheed Martin and Babcock to deliver the ground based training equipment and infrastructure to support the delivery of the rotary wing training capability