On 12 July 2018, Inke Limited (“Inke”, stock code: 3700.HK) successfully launched its initial public offering on the main board of the Hong Kong Stock Exchange. In its global offering, Inke issued 302,340,000 shares (before the over-allotment option) at HK$3.85 per share, raising approximately HK$1,164 million in total. The deal has made Inke the first publicly-traded live streaming platform in Hong Kong.

The international law firm BEITEN BURKHARDT has advised Hitachi Solutions Europe Limited on the acquisition of all shares in implexis GmbH, a German limited liability company based in Nuremberg. The shares were sold by the seller Almira Transformationsmanagement GmbH; the Share Purchase Agreement (SPA) was signed in June this year and the purchase executed at the beginning of July. The parties have agreed not to disclose the transaction volume. Subject of the purchase was also the indirect acquisition of all shares in implexis analytics GmbH, also based in Nuremberg.

With a team led by Frankfurt-based partner Dr. Günther M. Bredow, Heuking Kühn Lüer Wojtek advised Janoschka Group on restructuring and expanding its corporate financing.
 
A consortium consisting of IKB Deutsche Industriebank AG, Norddeutsche Landesbank Girozentrale, Baden-Württembergische Bank, and Sparkasse Offenburg/Ortenau provide a total of EUR 35 million for working capital needs and additional investments, some of which are refinanced from KfW funds.
 

International law firm Pinsent Masons advised GMPVC German Media Pool GmbH and Fashion Media Pool GmbH in a financing of ABOUT YOU led by Heartland A/S.

Pinsent Masons successfully advised GMPVC and FMP as existing shareholders of the Otto Group’s rapidly growing fashion-tech start-up ABOUT YOU.

Weil is advising Atos, a global leader in digital transformation, in its pending $3.4 billion acquisition of Syntel, a leading global provider of integrated information technology and knowledge process services. The combined company will allow Atos to deliver a unique portfolio for end-to-end digital transformation to customers and will significantly accelerate Atos’ development in North America. Both companies’ Boards of Directors have unanimously approved the transaction. The transaction is expected to close by year-end 2018.

With a team led by Jens-Hendrik Janzen, Partner at the firm’s Stuttgart office, and Dr. Mirko Sickinger, Partner at the Cologne office, Heuking Kühn Lüer Wojtek is advising SBS Familien-Verwaltungs AG on performing a mandatory delisting offer: The shareholders of Sinner Aktiengesellschaft have the option of offering to SBS all of their no-par bearer shares in Sinner Aktiengesellschaft. SBS currently holds 75.14 percent of the shares in Sinner Aktiengesellschaft.
 

DLA Piper has advised the US based aircraft lessor, Pegasus Aviation VI, on the leasing of the Aircraft Boeing 767-300 to the Ukrainian airline, Azur Air Ukraine.

The firm provided complex analysis and implementation of aircraft registration provisions. The work undertaken required knowledge of the extensive local laws and the detailed regulatory regime in line with international conventions. The team advised on currency control issues and their appropriate structuring, concerning the variety and complexity of the leasing payments.

Osborne Clarke has advised implexis GmbH on its sale to Hitachi Solutions.

Implexis is the German retail Microsoft Dynamics 365 specialist – the company integrates ERP systems in multi-channel retailing companies and uses end-to-end software to enhance transparency for collaboration processes. Implexis was founded in 1993 and has 250 staff across five locations in Germany. It has successfully completed over 950 projects mainly in the retail sector.

Refinancings showcase Ropes & Gray’s integrated bank/bond finance practice in London, offering clients a one-stop shop for complex cross-border financings