Slaughter and May, Hong Kong, advised Semiconductor Manufacturing International Corporation (SMIC) in relation to its issue of US$200 million zero coupon convertible bonds due 2018 (the Bonds). The joint managers for the issue were J.P. Morgan Securities plc and Deutsche Bank AG, Hong Kong Branch. The Bonds were listed on the Singapore Stock Exchange on 8 November 2013.
DLA Piper advised Discovery Networks Benelux on a strategic partnership with Viacom International Media Networks in the Netherlands to launch a joint sales house called BrandDeli.
International law firm Olswang has advised the shareholders of Cablecom Networking Holdings Limited, including private equity firm ISIS Equity Partners, on its sale to Inflexion Private Equity.
Inflexion will support the company through the next phase of its growth, with ISIS reinvesting on behalf of the Baronsmead VCTs for a minority stake in the business.
International law firm DAC Beachcroft LLP has advised Redcentric plc on its £65m acquisition of InTechnology Managed Services Limited from InTechnology plc and Redstone plc on the £9.5m disposal of its infrastructure, data centre and smart-building solutions business.
A Travers Smith team led by private equity partner Philip Sanderson and senior corporate associate Adam Orr has advised Deutsche Telekom on its acquisition of GTS Central Europe for a total consideration of €546m.
Deutsche Telekom is acquiring GTS from a consortium of international private equity firms, including Columbia Capital, HarbourVest Partners, Innova Capital and M/C Partners. The transaction is subject to regulatory approvals.
Bird & Bird today announces that its Corporate teams in London and Singapore have advised UK headquartered company, SyQic, on its AIM IPO.
Founded in 2004, SyQic is a fast growing OTT provider of live TV and on-demand paid video content for mobile phones and tablets, and will have a market capitalisation of £15 million on admission.
King & Wood Mallesons SJ Berwin Intellectual Property team acted for Sky in its successful defence to a claim for trade mark infringement and passing off (the law that protect unregistered trade marks in the UK) brought against it following the launch of NOW TV, its OTT internet television service. The claim was brought by Starbucks (HK) Limited (no relation to the coffee chain) and other members of the Hong Kong broadcasting group PCCW, which operate a “now” television service in Hong Kong.
A cross-border team led by Prague-based partner Alex Cook is advising Telefónica, S.A. on the sale of a 65.9% shareholding in Telefónica Czech Republic, a.s., including its 100%-owned subsidiary Telefónica Slovakia, s.r.o. (Telefónica CR / Telefónica SK), to investment firm PPF Group for a total consideration of CZK 63.6 billion (€2,467 million).
Ince & Co advised the majority shareholders of Interactive Ideas, a leading enterprise software distributor, on the sale of its business to Storit, an award-winning, value added distributor (VAD) of data storage, software solutions, networking and IT related products and services. The terms of the deal are confidential.
Interactive Ideas is a leading UK VAD of enterprise software focused on IT infrastructure solutions, founded in 1994 by Michael Trup and Grahame Fernback.
A team of Dallas Norton Rose Fulbright lawyers, led by Ted Daniel, obtained a summary judgment for Golf Channel and dismissal of all fraudulent transfer and unjust enrichment claims brought by the Receiver and Investors Committee of R. Allen Stanford’s $7 billion Ponzi scheme.
Golf Channel, a subsidiary of NBCUniversal, is a cable and satellite television network that focuses on golf sports coverage.