Mills & Reeve advised Ubisense Group plc on its acquisition of Japanese company Geoplan Interworks K.K. for a maximum consideration of 564.7m Japanese Yen (c.£3.4m).
The Mills & Reeve team led on the UK aspects of the transaction with support from their SCG Legal relationship firm in Japan, Matsuo & Kosugi, who advised on the transaction from a Japanese perspective.
Simpson Thacher recently represented Empresa Nacional de Telecomunicaciones S.A. (“Entel”), one of Chile's largest telecommunications providers, in a Rule 144A / Regulation S offering of US$1 billion of 4.875% Senior Notes due 2024. This transaction was Entel’s inaugural offering of securities in the international capital markets. HSBC Securities (USA) Inc. and Citigroup Global Markets Inc. acted as representatives of the initial purchasers in the offering.
Ashurst advised IT outsourcing and business process outsourcing service provider Xerox on the acquisition of all shares in Invoco Holding GmbH ('Invoco'). The parties have agreed not to disclose the purchase price.
Invoco Group employs around 1,800 staff in ten client service centres in Berlin, Göttingen, Halle, Hamburg, Kassel, Kiel, Lübeck, Magdeburg, Schwerin and Wismar. The group's head office is located in Hamburg.
Osborne Clarke has been appointed by Unicasim as legal Tutor of Diaman Tech S.r.l., the first issuing company on the Unicaseed portal and the first equity crowdfunding transaction realised in Italy pursuant to the new Consob regulation.
Olswang has acted for iROKOtv, Africa's leading online media distribution website, in an $8m funding round from existing investors Tiger Global and Kinnevik and new investor, Rise Capital.
Taylor Wessing has advised PA Group on the sale of its full-service weather business, MeteoGroup, to General Atlantic. MeteoGroup is Europe's largest independent weather service, providing high quality weather intelligence to businesses from the shipping industry and energy traders, through to construction companies and the media. MeteoGroup is also the developer of WeatherPro, Europe's leading paid-for weather app.
Mills & Reeve acted for FactSet Research Systems Inc. (NYSE:FDS) (NASDAQ:FDS) on its strategic acquisition of a majority stake in Matrix-Data Limited, with the right to acquire the remainder of the company.
Olswang has advised MoPowered, a leading mobile commerce enabler, on its admission to trading on the London Stock Exchange's Alternative Investment Market (AIM). The placing, which was oversubscribed, raised £4.0 million in total, with gross cash proceeds for the Company of £3.64 million. MoPowered's market capitalisation on admission, based on the placing price, was approximately £15.8 million.
Olswang has advised Endemol, the world's largest independent television and digital production company, on its $13m investment in Plumbee, a digital gaming business that creates, operates and markets free-to-play social games on mobile platforms and social networks such as Facebook. Plumbee's existing investor, Idinvest Partners, also participated in this round. The deal values the business at $40 million.
Ashurst advised BlueFocus Communications Group Co., Ltd ("BlueFocus") on its acquisition of a majority stake in We Are Very Social Limited ("We Are Social"). We Are Social is the world's largest specialist social media agency network with offices in London, New York, Paris, Milan, Munich, Singapore, Sydney and São Paulo. BlueFocus is China's largest marketing services group and is listed on the Shenzhen Stock Exchange. We Are Social will become BlueFocus' primary digital agency brand outside of China and will provide BlueFocus with a platform for significant growth in digital revenues.