The shares of the German based biotech company were sold to the Irish company Amryt Pharmaceuticals
Berlin—Global law firm Dentons advised the charitable foundation Software AG Stiftung, the majority shareholder of biotech company Birken AG, on Birken's share-for-share sale to Irish company Amryt Pharmaceuticals Designated Activity Company.
Darrois Villey Maillot Brochier advised vente-privee.com in connection with its acquisition of the Spanish-based online-fashion outlet, Privalia.
On April 13, the vente-privee group agreed and closed a transaction to acquire 100% of the share capital and voting rights of Privalia.
Slaughter and May, Hong Kong, advised Alibaba Group Holding Limited (Alibaba) in relation to its acquisition, through its subsidiary Alibaba Investment Limited, of the media business of SCMP Group Limited (SCMP), a company listed on the Hong Kong Stock Exchange, for a total consideration of approximately HK$2.06 billion. The acquisition was announced in December 2015 and was subject to (among others) SCMP shareholders’ approval due to its constituting a very substantial disposal by SCMP under the Listing Rules.
Weil advised Magyar Telekom in connection with an auction sale of Origo, one of Hungary’s largest online news portals to New Wave Media. The estimated value of the transaction, which closed in February, is €13.2 million.
Orrick, Herrington & Sutcliffe represented JD.com, Inc. (“JD”; NASDAQ: JD), the largest online direct sales company in China, on the merger of its O2O business, JD Daojia, and Dada Nexus Limited (“Dada”), China’s largest crowdsourcing delivery platform.
The deal is expected to close in the second quarter of 2016, subject to certain closing conditions. Being the largest shareholder of the new entity, JD.com will receive approximately 47.4% of the new company’s equity in exchange for various resource support and US$200 million in cash.
Slaughter and May advised Frieze, a leading arts media and events company, on its strategic partnership with WME | IMG, a global leader in entertainment, sports and fashion.
Contacts
Corporate: Mark Zerdin (partner), Tom O’Neill (associate), Richard Batstone (associate); Employment: Jonathan Fenn (partner), Rosemary Nelson (associate); Tax: Gareth Miles (partner), Ed Moberly (associate); IP: Cathy Connolly (partner), Richard McDonnell (associate)
Germany’s largest security company acquires a security technology provider from Celle
Dentons advised the security company Securitas Deutschland on the acquisition of the Draht+Schutz Group. With the purchase Securitas will strengthen its expertise in the field of electronic security solutions. The transaction is subject to merger clearance.
Norton Rose Fulbright and business law firm Racine have advised Mediawan and its founders on all the legal aspects of the first listing of a special- purpose acquisition company (SPAC) in France.
The SPAC has been incorporated as a société anonyme according to the French law by its three founders: Xavier Niel, founder and main shareholder of Iliad, Matthieu Pigasse, Global Head of M&A and Sovereign Advisory of Lazard Group, and Pierre-Antoine Capton, founder of 3e OEil Productions, the largest French independent media producer.
Eversheds has acted as legal advisor to Ixonos Finland, a subsidiary of Ixonos Plc (listed in Nasdaq OMX Helsinki) in a transaction in which DataCenter Finland acquired the domestic contracts of Ixonos’ Cloud and Hosting business on 6 April 2016.
Norton Rose Fulbright has acted for Blue Sky Group in a student accommodation joint venture with Goldman Sachs.
Our Brisbane-based team negotiated and documented the joint venture arrangement for the acquisition and development of student accommodation sites throughout Australia and New Zealand. The 50/50 joint venture had an initial stage that required Goldman Sachs to contribute sufficient equity to buy a 50 per cent interest in three existing development sites owned by Blue Sky or funds that it managed.