Olswang has advised ITYIS Siglo XXI, leading Spanish internet services company, on the sale of the recipe website "Mis Recetas" to the Tokyo listed company Cookpad Inc.

The Confectionary Specialist Hussel will be acquired at 100 percent by the investor EMERAM Capital Partners. DOUGLAS Holding AG, the current owner of the Hagen (Germany)-based confectionary chain, announced today that a respective sale and purchase agreement was signed on March 6, 2014. The purchase price was not disclosed by the parties. The transaction is subject to approval by Cartel Authorities.

Ashurst has advised Telereal Trillium on the sale of the Hyperion portfolio to Legal & General.  The deal value was £550m and comprised 55 assets backed by The Royal Bank of Scotland.

The portfolio of 55 assets is located throughout the UK with one asset situated in Dublin.  It includes a number of landmark London buildings, such as the trophy building at 440 The Strand which is Coutts Headquarters together with 63-65 Piccadilly and 97 New Bond Street. 

The transaction involved the acquisition of the UK target company owning the assets.

Debevoise & Plimpton LLP is advising Johnson & Johnson (“J&J”) in a definitive agreement by J&J subsidiary McNEIL-PPC, Inc. to sell the global rights to the K-Y brand, a leader in intimate lubricants, to Reckitt Benckiser Group PLC (“RB”). The transaction is subject to customary regulatory approvals and closing conditions and is expected to close in mid-2014.

Ashurst have acted for Transpacific Industries Group Ltd (Transpacific) on the sale of its New Zealand waste business to a wholly-owned subsidiary of the Beijing Capital Group for NZ$950 million.

The Ashurst team was led by corporate partner and Ashurst Corporate Global Head Phil Breden, who said of the deal: "Over the last nine months we have advised Transpacific on the divestment of two significant assets, namely the sale of Commercial Vehicles Group to Penske Automotive and the New Zealand waste business to Beijing Capital.

Clifford Chance has advised Royal Dutch Shell plc (Shell) on the binding agreement to sell Shell's Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 billion).

OC Brescia advised FAP Investments, owned by the Ferrari family of Brescia, in its sale, together with Arcese Immobiliare and Torre sgr s.p.a., as manager of the Re Brixia fund, of 11 logistics hubs located in northern and central Italy to the US private equity fund, Blackstone.

The transaction, with a value of approximately 180 million euro, was completed through a real estate fund managed by BNP Paribas bank.

The operation forms part of the series of important investments that  Blackstone has recently concluded in Italy.

Leading international law firm Clifford Chance announces it has advised Shell on an agreement in the sale of shares in the companies containing the Retail, Supply & Distribution, Logistics and Aviation businesses in Italy to the affiliates of Kuwait Petroleum International. Shell’s retail network includes over 830 retail sites and under the agreement it will be re-branded to Q8. The sale is subject to regulatory approval and is expected to complete in 2014.

Clifford Chance has advised the special fund, IVG Premium Green Fund (managed by IVG Institutional Funds), on the sale of the "An den Brücken" commercial property in Munich (consisting of two commercial properties) to two funds managed by Deka.

The parties have agreed not to disclose any details of the purchase price. IVG completed the building complex, which has Leed Gold / Leed Platinum status, in 2010.

DLA Piper has advised the McCambridge Group on the sale of Soreen to Gibbs Croft Limited, part of Samworth Brothers, one of the UK's leading food manufacturers. The acquisition includes the Soreen bakery site at Trafford Park in Manchester.

Founded in 1939, and most well-known for its Malt Loaf range, Soreen's product range has expanded in recent years to include new flavours, alongside other 'food to go' breakfast products.