White & Case LLP has advised Octo Telematics S.p.A., the Italian provider of insurance telematics solutions, on a €60 million term credit facility which may be increased to a maximum of €120 million.

The transaction was led by the Milan branch of ING Bank N.V. and Raiffeisen Bank International AG, which acted as mandated lead arrangers.

The White & Case team in Milan was led by local partner Nicholas Lasagna and partner Iacopo Canino and included associate Miriam Morbelli.

Simpson Thacher represented NXP Semiconductors N.V. (NASDAQ: NXPI) in connection with its announced merger with Freescale Semiconductor, Ltd. (NYSE: FSL), a transaction which values the combined enterprise at just over $40 billion. Under the terms of the agreement, Freescale shareholders will receive $6.25 in cash and 0.3521 of an NXP ordinary share for each Freescale common share held at the close of the transaction.

Davis Polk is advising Temenos Group AG in connection with its acquisition of IGEFI Group s.à.r.l. (trading as Multifonds), a Summit Partners portfolio company. The consideration for the acquisition, which is due to close on March 5, 2015, is €235 million to be funded through cash and debt. The acquisition will give Temenos additional scale, access to highly complementary products, client relationships with more than 30 of the world’s largest financial institutions, and exposure to the fast-growing fund administration market.

PREMIUM Communications Holding, in which Equistone Partners Europe Limited managed funds hold a majority stake, sold its participation in avocis to U.K. based Capita plc. on February 27, 2015. avocis, based in Tägerwilen, Switzerland is a leading provider of customer contact management services and operates 16 sites in Germany, Switzerland and Austria and generates an annual turnover of EUR 210m (2014). The Lenz & Staehelin tax team advised PREMIUM Communications Holding in this transaction.

De Brauw Blackstone Westbroek has assisted NXP in its announced merger with Freescale Semiconductor, Ltd. The merger, with an estimated combined enterprise value of USD 40 billion, will make NXP the industry leader within the auto and industrial semiconductor markets.

Tencent has acquired ownership in Miniclip Group SA. Headquartered in Neuchâtel, Switzerland, Miniclip is a digital games company which develops, publishes and distributes mobile and online games to around 70 million monthly active users across mobile, social and online platforms. Tencent, listed on the Hong Kong Stock Exchange, is one of the largest internet companies worldwide based on market capitalization and provides services such as social networks, web portals, e-commerce, and multiplayer online games.

Jiangsu 3A International Advertising Corporation (“3A Advertising”, stock code: 832048) has successfully listed on the National Equities Exchange and Quotation (“NEEQ”) system. 3A Advertising was advised by Shanghai-based partner Wang Yue, attorneys Deng Wei and Yu Zhichao and paralegal Zheng Jianrui.

Choudao Equity, an online equity crowd-funding platform of Shanghai Zhongniu Network Technology Co., Ltd., was officially launched as one of the first eight equity crowd-funding agencies approved by CSRC.

Tamedia Ltd. acquires the Ricardo-Group, which runs the auction platform ricardo.ch, vehicle platform autoricardo.ch, the classified advertisement homepage olx.ch and the online shopping center ricardoshops.ch, for CHF 240 million. The Ricardo-Group employs about 190 people in Switzerland and a development team with 30 members in France. Ricardo.ch is Switzerland's biggest online marketplace, realized total revenues of about CHF 40 million in 2014 and has 2.3 million members. The transaction is subject to Swiss Competition Commission approval.

Shoosmiths has advised Hewlett Packard on a new lease of 68,000 sq ft of Grade A office space in the heart of the City of London, at 1 Aldermanbury Square.

Hewlett Packard is set to move into its new office accommodation, owned by EPIC UK, in November 2015, occupying the whole of 1 Aldermanbury Square on a 15 year lease.