The Munich-based Internet portal Scout24, to which online portals Immobilienscout24 and Autoscout24 belong, will go public at the Frankfurt Stock Exchange on October 1. Shares in an amount of up to EUR 1.4 billion will be issued. The total valuation of the company is almost EUR four billion.

67 percent of the shares in Scout24 are held by funds, Deutsche Telekom holds 29 percent and the management holds 4 percent of shares. A syndicate of banks led by Credit Suisse and Goldman Sachs handled the IPO.

The two media groups Axel Springer and Ringier are founding a new joint venture company in which each will hold an equal stake. A letter of intent for this purpose had already been signed in December 2014. Axel Springer Switzerland will contribute to the new joint venture company the entire Swiss business of Axel Springer SE, and Ringier will contribute all its publications in the German speaking and French speaking part of Switzerland, together with their online offerings and Le Temps, the quality daily newspaper published in the French speaking part of Switzerland.

De Brauw Blackstone Westbroek has advised Altice on its acquisition of Cablevision for EUR 17.7 billion. This acquisition will make Altice the #4 cable operator in the US market.

DLA Piper has advised Hibernia Networks, a leading provider of high speed global telecommunications services, on the development of the new Hibernia Express submarine cable system.

On 15 September 2015, the resolution by the extraordinary General Meeting of Sky Deutschland AG of 22 July 2015 was registered in the commercial register of Sky Deutschland AG in Munich. Thereby, the remaining 3.82% minority shareholdings in Sky Deutschland AG have been transferred to Sky German Holdings GmbH, a subsidiary of

King & Wood Mallesons (“KWM”) advised China Railway Signal & Communication Co., Ltd. (“CRSC”) on its successful listing on the main board of the Hong Kong Stock Exchange (stock code: HK 3969). The company issued 1.75 billion shares with an offering price of HK$6.30 per share, raising approximately US$1.4 billion. The Joint Global Coordinator partially exercised the overallotment option on 28th August, raising a total of 39.819 million shares. This part has been listed and traded on 4th September 2015.

King & Wood Mallesons (“KWM”) has advised PPLive Corporation (“PPTV”) on the successful purchase of exclusive broadcasting rights for five consecutive seasons from 2015 to 2020 of Spanish Primera Liga (“La Liga”) across all media in mainland China, Macao and Taiwan. Bought for a record EUR 250 million, this is the highest value ever paid in China for broadcasting rights to an international football league.

DLA Piper advised ipsy, the world’s largest online beauty community, in its $100 million Series B funding round from TPG Growth and Sherpa Capital.                                                                          

Clifford Chance has advised Inmarsat, the leading provider of global mobile satellite communications services, on its strategic partnership with Deutsche Telekom, announced today. The partnership will allow Inmarsat and Deutsche Telekom to deliver the fastest, and most consistent in-flight broadband experience to Europe’s aviation industry and its customers.

Berwin Leighton Paisner (BLP) has advised client Technicolor on its acquisition of London-based The Mill, the world’s largest visual effects (VFX) and content creation studio for the advertising industry, for €259 million on a debt-free basis.

Founded in 1990, the Mill is consistently recognised by peers and clients as a premier visual effects provider for both advertising agencies and brands, and has won more than 1,000 industry awards including for its VFX on the film Gladiator. It has operations in the key markets of London, New York, Los Angeles and Chicago.