The competition practice team at Egorov Puginsky Afanasiev & Partners Ukraine has assisted Nokia Corporation (“Nokia”) in obtaining regulatory clearance from the Antimonopoly Committee of Ukraine (“AMCU”) for the EUR 15.6 billion acquisition of Alcatel-Lucent.
Noerr has advised the shareholders of MOTOR-TALK GmbH on the sale of the company to mobile.de GmbH. The shareholders include a subsidiary of Axel Springer SE and the investment company Global Founders Capital.
Hogan Lovells is pleased to announce that a trans-pacific Corporate practice team advised Unisplendour Corporation, a leading Chinese information technology company, on its agreed US$3.8 billion investment in Western Digital Corporation (NASDAQ: WDC), a U.S. computer data storage company and one of the largest computer hard disk drive manufacturers in the world.
The Hogan Lovells cross-border multidisciplinary team was led by Beijing corporate partners Jun Wei and Steven Robinson and Washington corporate partners Liz Donley, Warren Gorrell, and Glenn Campbell.
DWF has advised the shareholders of Entertainment Magpie Limited (musicMagpie.co.uk), in connection with NVM Private Equity’s significant development capital investment in the business, enabling Europe’s most popular recommerce website to support its growth plans both in England and the US. DWF’s national corporate team has advised on a number of deals in the technology sector over the last year, including advising Capita on its acquisition of IT companies Electranet and Barrachd, and advising Equinity on the acquisition of TransGlobal Payment Solutions.
Hannes Snellman acts as counsel to Alma Media Corporation (publisher of for instance Kauppalehti) in the exchange offer for the shares and options in Talentum Oyj (publisher of for instance Affärsvärlden). The exchange offer includes both share and cash components and the total value of the offer amounts to Eur 42.7 million.
Axel Springer SE announced a binding agreement to purchase additional approximately 88 percent of the shares in US-based business- and news portal Business Insider for a purchase price of USD 343 million (currently approximately €306 million). Axel Springer already holds a stake of approximately nine percent in the company and, after this purchase, will hold a stake of approximately 97 percent.
The two media groups Ringier and Axel Springer create a further joint-venture in which each will hold an equal stake. Ringier will contribute all its magazine publications in German-speaking and French-speaking Switzerland, along with their online offerings and Le Temps, the quality daily newspaper published in French-speaking Switzerland, and Axel Springer Switzerland will contribute all of its Swiss business to the new company. The following titles will be among others encompassed within the portfolio of the planned new joint venture.
Castrén & Snellman successfully represented Google Ireland Ltd in a dispute concerning the interpretation of Google’s AdSense program terms of use. All claims made by the claimants against our client Google were dismissed in their entirety by the District Court of Helsinki. The judgement is not final.
The C&S team was led by Sakari Salonen, and the litigation team also included Kim Parviainen from our IP practice.
Castren & Snellman assisted the German ADVA Optical Networking SE, which is listed on the Frankfurt Stock Exchange, in its acquisition of the entire share capital of Time4 Systems Oy. Time4 Systems Oy provides innovative network synchronisation solutions, especially in relation to TDD (Time Division Duplex) technologies.
ADVA, a provider of innovative connectivity solutions to clients in the telecommunications industry, posted revenues of EUR 339 million in 2014 and employed nearly 1,500 people globally.
WerbeWeischer Switzerland acquires Publicitas Cinecom AG from Publicitas AG. As a result of this transaction WerbeWeischer becomes market leader in cinema advertisement in Switzerland and further invests in the expansion of the advertising medium cinema.
Walder Wyss has advised WerbeWeischer in the transaction. The Walder Wyss team was led by Lucas Hänni (consultant, Corporate/M&A) and further included Gion Giger (Managing Associate, Antitrust) and Samuel Lieberherr (Associate, Corporate/M&A).