Refinancings showcase Ropes & Gray’s integrated bank/bond finance practice in London, offering clients a one-stop shop for complex cross-border financings
Global law firm Herbert Smith Freehills has advised the Orange Group, one of the world’s leading telecommunications operators, on its €350 million acquisition of Basefarm Holding AS from private equity investment firm Abry Partners II, LLC. This acquisition cements Orange Business Services’ leading position in the cloud computing services market in France and a significant player in Europe.
Leading international law firm Clifford Chance has represented FairSearch, the main complainant, in the European Commission's investigation into Google's anticompetitive practices related to Android, leading to a fine of € 4.34 billion. FairSearch filed the initial complaint triggering the investigation that led to today’s decision.
Stuttgart – NTT DATA EMEA Ltd., part of IT service provider NTT DATA, has acquired automotive sales and after-sales specialist gen-ius dms GmbH. The parties agreed not to disclose details of the purchase price.
A CMS team headed by lead partner Dr Christoph Lächler advised NTT DATA on all the legal aspects of the transaction.
International legal business DWF has advised Immotion Group plc on their initial public offering on the AIM market of the London Stock Exchange.
The DWF team based in Newcastle has acted for Immotion Group since it was incorporated in 2017 and assisted in the forming of the group by way of a three-way cross-border merger which completed at the beginning of this year.
Immotion Group provides immersive 'Out of Home' virtual reality (VR) experiences that are used in theme parks and shopping centres including Genting Resorts World in Birmingham.
International law firm Bryan Cave Leighton Paisner (“BCLP”) have advised EACS, a company focussed on professional managed solutions in the IT sector, including cloud based solutions and cybersecurity, on its acquisition of privately held IT services company Sentronex. Founded in 2005, Sentronex provides high quality disaster recovery and IT managed and professional services to the UK’s City financial organisations.
Organic growth and acquisitions have seen EACS grow by over 25 per cent in the last 18 months as it becomes a key challenger brand.
Led by Düsseldorf Partner Birgit Reese Hogan Lovells has advised Shop Apotheke Europe Group on the acquisition of nu3 GmbH, Berlin, the specialist for functional nutrition products.
The parties agreed on a consideration by means of an issue of 54,470 new shares of Shop Apotheke Europe in bearer form and an additional cash payment. The issuance of new shares and the exclusion of the pre-emptive rights in relation thereto have been approved by the supervisory board of Shop Apotheke Europe.
International legal practice Osborne Clarke has advised The Trade Desk on a major pre-letting agreement for One Bartholomew Close, a new, high-quality office building in Farringdon London.
Under the agreement, The Trade Desk, a global technology company that empowers buyers of advertising, will occupy just over a quarter of the letting space in the building.
Debevoise & Plimpton LLP has advised PJSC MegaFon (“MegaFon”) in its recently completed transaction with SLV Group (“SLV”) to merge the Svyaznoy and Euroset retail chains.
The combined company operates the largest technology retail chain in the world by number of stores (more than 5,000), with the target of increasing the accessibility and consumer understanding of modern high-tech products. The combined company has more than 30,000 sales consultants.
International law firm CMS has advised Telit (“Telit”) Communications PLC on the USD$105m sale of its automotive division to Hong Kong Stock Exchange listed company, TUS International Limited (“TUS”). The transaction is expected to complete by the end of 2018 subject to conditions being satisfied.