Clifford Chance has advised a consortium of municipal shareholders on the sale of a 35% stake in EAM (Energie aus der Mitte), based in Kassel, Germany.

German utility group E.ON had previously sold its stake in EAM (formerly E.ON Mitte AG), the electricity and gas grid operator, to a consortium of municipal shareholders for around EUR 610 million at the end of 2013. A Clifford Chance team previously advised the consortium on that acquisition at the end of 2013.

Hannes Snellman acted as counsel to Patria Oyj in its acquisition of 26.8 % of the shares in Patria from Airbus Group. After the transaction the State of Finland will be the sole shareholder in Patria. Our team included Rabbe Sittnikow, Mikko Heinonen, Daniel Villarreal, Heikki Vesikansa and Micaela Thorström.

Joma Industrial Source Corporation, British Virgin Islands has indirectly acquired a stake of 47.70 per cent of C.A.T. oil AG, which is domiciled in Vienna and listed in Frankfurt and which provides services for the oil and gas industry in Russia and Kazakhstan.

The mandatory offer, which is required for that reason, values the share capital at a total of €743 million and was published after approval by the BaFin on 11 December 2014. The acceptance period runs until 8 January 2015.

AllBright has established a cooperative partnership with Shanghai STEP VC Technology Finance Group to advise it on the Shanghai City Angel Investment Fund STEP.

Osborne Clarke, has advised Investis, the leading independent global specialist in digital corporate communications, on its investment by private equity house ECI Partners ('ECI').

ECI's investment will provide support and additional capital to Investis, which will enable it to further strengthen its global growth strategy, following its recent expansion into the US.

Accel Partners has invested for more than 30 years in innovative IT companies, such as Facebook, Kayak and Spotify. Medigo is a market place for medical treatment in 400 hospitals across 18 countries. Nearly 1,500 patients from 88 countries having already booked treatment abroad via Medigo. The medical journeys save up to 80 % of the actual treatment costs.

Pinsent Masons has advised Sonnenbatterie parent company, Prosol Invest Beteiligungs GmBH on its EUR7.5 million capital raising.

As part of the deal, Chrysalix SET, Munich Venture Partners and eCAPITAL, have invested into electricity storage company Sonnenbatterie with proceeds used to fund expansion of the business. The deal also included follow-on financing from investor eCAPITAL.

IP Solutions is a unified communications (‘UC’) provider, supplying SMEs and corporate businesses with an integrated range of communication technologies. Solutions are delivered through a range of communication technologies such as Hosted VoIP, Cloud Based Contact Centre, Inbound Call Management and Mobile Services and delivered as a Managed Service with a single point of contact and industry leading Service Level Agreements. These solutions enable organisations to improve customer service, increase staff productivity, efficiency and reduce operational costs.

Recently, AllBright has advised HighLight Capital on its 100 million RMB investment in JUVA (Tianjin) Medical Technology Co., Ltd. JUVA MEDTECH focuses on selling imported skin beauty laser equipment and operating optical skin care chain stores.

The AllBright team on the project included partners Shen Guoquan, Terry Liu and associate Evangel Wang, who provided HighLight Capital with comprehensive cross-border legal advice.

Zhonglun has recently advised Hanergy Group, one of the largest clean energy generation enterprises in China, on its HK$70 million investment in Hong Kong-listed Haitian Hydropower International by way of convertible bonds subscription. The Zhonglun team was led by Hong Kong corporate partner Victor Pang, assisted by associates Winnie Tse, Elaine Fung, Guo Cheng and Huang Cheng.