Shoosmiths has advised Spence Johnson on its sale to world leading fintech company, Broadridge, in a deal that sees the creation of a unique single industry data source.

National law firm Shoosmiths has advised Spence Johnson on its sale to world leading fintech company, Broadridge, in a deal that sees the creation of a unique single industry data source.

A leading provider of data, analytics and consulting services to the financial asset management industry, Spence Johnson operates across Europe, the United States and Asia.

An international team of CMS Switzerland and Germany under the lead of Stefan Brunnschweiler (CMS Switzerland) has advised ABB on all matters relating to the acquisition by ABB of the mission-critical communication business of the KEYMILE Group to strengthen its communication networks portfolio. This acquisition will enhance ABB’s industry-leading digital offering, ABB Ability, by adding extremely reliable communications technologies that are essential to maintain today’s dynamic and complex digital electrical grids.

In a landmark collaborative effort to operate a world class online and offline payments business and deliver a mobile wallet solution and related financial services, Touch 'N Go Sdn. Bhd. ("TNG") entered into a joint venture with Ant Financial Services Group ("Ant Financial"), the parent company of Alipay.

Based in Bochum (Germany), Ventacor is a Tacton partner and reseller that provides sales, consulting and implementation services for Tacton’s sales and product configuration solutions. Ventacor brings many years of experience in advanced configuration, digital transformation and CPQ as well as a profound understanding of the manufacturing market in the DACH region.

Plesner has acted for GlobalConnect A/S in connection with the completion of a DKK 1.2bn mortgage financing of the Danish part of the company's fiber network; the mortgage financing is provided by Nordea, Nykredit and Realkredit Danmark.
The transaction is the first of its kind to utilise the possibility of mortgage financing utilities infrastructure which came into force on 1 January 2017.

The new regime provides a solid legal framework for financing by mortgage lending institutions of tele-, energy- and water utilities companies' infrastructure.

Herbert Smith Freehills' leading Asia technology, media and telecoms team has advised global TMT investor Softbank on its investment in a new equity funding round for Southeast Asia's Grab, an online transportation and payments platform.

Softbank will lead the investment in the current funding round alongside China's Didi Chuxing, the world's leading one-stop mobile transportation platform, to together invest up to US$2 billion.

With an additional US$500 million anticipated before close, this would be the largest single tech financing in Southeast Asia.

International legal practice Osborne Clarke has advised the management team of STEMMER IMAGING GmbH on its takeover by AL-KO AG.

AL-KO has acquired the company from its founder Wilhelm Stemmer and the management team. As part of the transaction the management team acquired a 25 per cent share in the company.

STEMMER IMAGING is Europe’s largest imaging technology provider for science and industry. The company will form a self-contained division of the AL-KO Group alongside its existing air conditioning, gardening, technology and electronics divisions.

On 30 June, RNA Analytics (a subsidiary of South Korean company RNA Holdings Co. Ltd) successfully completed an acquisition of software assets and technology.

The transaction involved the purchase of an actuarial modelling system that is currently used by more than 150 insurers around the world. RNA Analytics plans to develop the product further by introducing it to new territories and enhancing the product/services for existing clients, while also helping them to prepare for IFRS 17, the new accounting standard for the insurance industry.

CMS has advised long-standing client Bottega S.à r.l, a strategic investment entity controlled by US/Brazilian IT entrepreneur, Nana Baffour, on its €220m acquisition of the Getronics group from European asset manager Aurelius Group. The acquisition was supported by debt funding from White Oak, Permira and H.I.G. WhiteHorse Capital and involved complex, multi-jurisdictional financing.

Charles Russell Speechlys has advised the Civica Group (an investee company of OMERS Private Equity) the acquisition of Carval Computing Limited, a market leader in business-critical software applications, digital solutions and outsourcing services.