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Fund/Investment Management

T3 Pharmaceuticals closes financing round

20 Dec 2016

VISCHER assisted T3 Pharmaceuticals AG, a Basel based biotechnology spin-off from the Biozentrum of the University of Basel, in converting from GmbH to AG and closing the Series A Financing Round. T3 Pharmaceuticals develops bacteria-based cancer therapies. The live bacteria infect solid tumors and fight them with a proprietary protein delivery technology developed at the University of Basel. With the latest financing round, T3 Pharmaceuticals can now advance initial lead candidates into preclinical development. The VISCHER team includes Christian Wyss, Dr.

Travers Smith advises Equistone Partners Europe on their investment in the T.O.M. Vehicle Rental Group

19 Dec 2016

Travers Smith LLP has advised longstanding client Equistone Partners Europe ("Equistone") on its investment in the T.O.M. Vehicle Rental Group ("T.O.M."). Equistone has acquired a majority stake in T.O.M. investing alongside management and the founder owners and the investment is Equistone's seventeenth from its fifth fund, Equistone Partners Europe Fund V.

Dentons advises MTG on the sale of its African production and broadcasting business

19 Dec 2016

London—Dentons has advised MTG, a leading international digital entertainment company, on the sale of its African production and broadcasting business to Kwese Free TV, the media arm of telecom group Econet. The sale includes MTG's production operations and channels in Tanzania, Ghana and Nigeria. A competitive auction process resulted in exclusive negotiations with Kwese and a deal being signed in May 2016. The Nigerian and Ghanaian legs of the deal completed in December 2016. The Tanzanian part of the deal remains subject to regulatory approval in Tanzania.

Ashurst advises Mitsui on part of US$100 million investment into Indonesia e-commerce

16 Dec 2016

Ashurst has advised Japanese trading house Mitsui & Co., Ltd. (“Mitsui”) on its acquisition of a minority stake in Global Ecommerce Indonesia (GEI) over a 12-month period. This is part of US$100 million equity financing raised for GEI, led by Mitsui with participation from undisclosed new and existing investors, where Mitsui will purchase a stake of approximately 10% in GEI.

Eversheds advises Samena Capital and du on investment in online streaming firm Anghami

16 Dec 2016

Dubai, 1 December 2016 - Eversheds is pleased to announce that it has advised Samena Capital and Emirates Integrated Telecommunications Company PJSC (“du”) on their investment in the music streaming company, Anghami.

Samena Capital is the premier investment group focused on principal investments in the Subcontinent, Asia, Middle East and North Africa.

Slaughter and May is advising Baring Emerging Europe plc on a proposed tender offer for of up to 10 per cent. of its issued share capital

16 Dec 2016

Slaughter and May is advising Baring Emerging Europe plc on a proposed tender offer for of up to 10 per cent. of its issued share capital. The tender offer is to be priced at a 2.5 per cent. discount to the net asset value per share as at 24 January 2017. At the same time, Baring Emerging Europe is proposing certain changes to its investment policy and to its existing discount control mechanism.


Contacts

Contacts: Corporate: Paul Dickson (partner), Isaac Manase (associate); Tax: William Watson (partner), Charles Osborne (associate)

Darrois Villey Maillot Brochier advised the consortium Caisse des dépôts et consignations – CNP Assurances

15 Dec 2016

Darrois Villey Maillot Brochier advised the consortium Caisse des dépôts et consignations – CNP Assurances in the context of the execution of a binding agreement for the acquisition by Caisse des dépôts et consignations and CNP Assurances of 49.9% of RTE share capital