Beabloo, a technological company specializing in combining omni-channel digital marketing solutions and big data for the retail sector, has received a €10 million investment from the SoftBank Group. Cuatrecasas, Goncalves Pereira's Corporate and Commercial Practice has advised Beabloo on this transaction.

The agreement will enable Beabloo to increase its international business, especially in China, India, Indonesia and Japan, and continue to strengthen its investments in technological research and development.

Roschier represented Elektrobit Corporation in the EUR 600 million sale of Elektrobit's Automotive business to Continental AG.
 
Following the sale, Elektrobit cancels the ongoing demerger process, and it will carry on the Wireless business within existing Elektrobit Corporation. As the Elektrobit brand will be included as a part of the transaction, Elektrobit will change its name to Bittium Corporation and will continue to be listed on Nasdaq Helsinki with the new name.

Clifford Chance advised Deutsche Telekom on the acquisition of the 49% stake of Slovak Telekom that it does not already own.

The purchase price amounts to EUR 900 million. The transaction is expected to be completed in the coming weeks.

LETT assisted Visma in its acquisition of the Danish IT company E-conomic. E-conomic is a world-leading supplier of cloud-based accounting programs and has previously been awarded as a 'Gazelle' company by the Danish business newspaper Borsen. In 2015, the company expects 35% internal revenue growth.

Olswang has advised Dentsu Aegis Network on its acquisition of John Brown Media, a world-leading branded content agency. The deal, announced 14 May 2015, enhances Dentsu Aegis Network's best-in-class expertise and range of capabilities in media, digital and creative communications services.

Top ranked Technology Law Firm Fieldfisher advised Tokyo listed Recruit Holdings Co., Ltd., on a landmark technology acquisition of Wahanda, the Tech City online marketplace for health, beauty and wellness, which has operations in the UK, Germany, and Lithuania and is rapidly growing across Europe.  Wahanda's current management will remain with the business going forwards.  Recruit, with its existing Japanese business Hot Pepper Beauty, hopes for this business to become the clear No 1 European on line beauty platform. 

Pinsent Masons has advised TDX Group Limited, a subsidiary of Equifax Inc., on its successful bid to Cabinet Office for the creation of a large scale 'Debt Management Integrator' service, providing a single point of access to a wide range of debt management and collection services across a number of Government Departments, including the DWP, HMRC and the Home Office.

Avanquest, a listed company on Euronext Paris, is a market leader in software editing, photo editing and connected devices management. With €100 million in annual turnover, the Avanquest Group recently announced an indebtedness restructuring plan and an important market operation. Facing a €24 million indebtedness repayment, it was a necessity for the group to restructure its maturing debt.

RTL Group decided to sell its subsidiary UFA Sports to Lagardère Unlimited Germany. UFA Sports is an internationally active sports marketing agency with its headquarters based in Hamburg. Lagardère Unlimited Germany is a subsidiary of Lagardère Unlimited, the sports and entertainment division of the French media group Lagardère. The acquisition of UFA Sports is still subject to approval of the German antitrust authorities.

Telecommunications operator Orange has entered into exclusive negotiations with the French media and content giant Vivendi, in order to purchase 80% of the share capital of the online video platform, Dailymotion. The contemplated amount of this transaction is equal to 271 million euros. In the event of success, Orange will retain 20% of Dailymotion’s share capital, assessed at 265 million euros. This transaction aims at providing Dailymotion with a strategic partner, allowing it to accelerate its growth and make it one of the largest platforms worldwide.