Davis Polk is advising SS&C Technologies Holdings, Inc. on its approximately $5.4 billion acquisition of DST Systems, Inc. The transaction, which is expected to close by the third quarter of 2018, is subject to DST’s stockholder approval, clearances by the relevant regulatory authorities and other customary closing conditions.
MinterEllison has advised CommsChoice Group on its IPO and ASX listing, which raised $A7.5 million, on a market capitalisation on listing of $A26 million.
MinterEllison has advised CommsChoice Group Limited (ASX: CCG) on its acquisition of five complimentary information and communications technology (ICT) service providers, its initial public offering (IPO) and ASX listing.
The new publicly-listed ICT services player successfully raised $A7.5 million under the offer and a market capitalisation on listing of approximately $A26 million (based on the offer price).
MinterEllison has advised CommsChoice Group on its IPO and ASX listing, which raised $A7.5 million, on a market capitalisation on listing of $A26 million.
MinterEllison has advised CommsChoice Group Limited (ASX: CCG) on its acquisition of five complimentary information and communications technology (ICT) service providers, its initial public offering (IPO) and ASX listing.
The new publicly-listed ICT services player successfully raised $A7.5 million under the offer and a market capitalisation on listing of approximately $A26 million (based on the offer price).
Ashurst advised PT Trans Media Corpora as borrower in connection with a financing transaction. PT Trans Media Corpora owns leading television, cable and online networks including Trans TV, Trans 7, Trans Vision, Detik and CNN Indonesia. The Borrower is a part of the PT CT Corpora group.
PT CT Corpora ("CT Corp") is a rapidly growing, diversified Indonesian-based corporate group which is active in financial services, media, lifestyle, entertainment and natural resources and has strongly-positioned companies across various sectors and markets in Indonesia.
Clifford Chance advised Tele2 on its agreement with Deutsche Telekom to combine Tele2 Netherlands and T-Mobile Netherlands. Tele2 will hold a 25% share in the combined company and receive a cash payment of EUR 190 million upon closing. Based on current numbers, the company will have around 5 million mobile pre- and post-paid customers, combined revenues of around EUR 2 billion. The establishment of the combined company is subject to regulatory approval by the relevant competition authorities. The transaction is therefore expected to close in the second half of 2018.
De Brauw has advised Deutsche Telekom on the acquisition of Tele2 Netherlands by T-Mobile Netherlands.
Client name
Deutsche Telekom.
Other parties involved
Tele2 Netherlands, T-Mobile Netherlands, Tele2 Sverige.
Nature of transaction
Acquisition of Tele2 Netherlands by T-Mobile Netherlands in exchange for EUR 190 million in cash and a stake of 25% in the combined business.
Value of transaction
Undisclosed but more than EUR 5 million.
Date deal
15 December 2017.
De Brauw involvement
Macfarlanes has advised the management team of UK-based IT services company Northgate Public Services Limited on its £475m sale to Japanese multinational NEC Corporation from private equity firm Cinven.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the independent directors of the Board of Directors of Altice USA Inc. in connection with its separation from Altice NV, which will now be renamed Altice Europe.
Shearman & Sterling is advising Altice USA (NYSE: ATUS) on the announced separation of Altice USA from Altice N.V. (Euronext: ATC, ATCB). The separation will enable each business to focus more on their distinct opportunities for value creation and ensure more transparency for investors.
Cooley advised the management team of publisher Law Business Research (LBR), a leading provider of research news, data and insight on international business law and legal markets, on its sale to Levine Leichtman Capital Partners. Cooley private equity partner Stephen Rosen led the team. The deal saw private equity firm Bowmark Capital, which acquired LBR in 2013, exit the business.