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M&A: Acquiror's Counsel

Hengeler Mueller advises GE Aviation on take - over of SLM

06 Sep 2016

GE Germany Holdings AG, a subsidiary of General Electric Company, acting through its operating unit GE Aviation, announced the signing of a business combination agreement with SLM Solutions Group AG, Lübeck, on September 6, 2016. GE intends to submit to the shareholders a voluntary public takeover offer at a price of EUR 38 , which values the company at EUR 683 million. The bidder h as signed purchase agreements with shareholders representing 31.5 per cent of the shareholding.

Arntzen de Besche assists Fujitsu Services Holdings in the acquisition of Symphony ESM

06 Sep 2016

It was announced August 1 that Fujitsu Services Holdings has acquired Symphony ESM , one of the most well-established and experienced ServiceNow partners in Northern Europe.

Arntzen de Besche has assisted Fujitsu Services Holdings with advice on all the Norwegian aspects of the transaction. The team was led by Per A. Dagslet, assisted by a team consisting of Pål A. Reinertsen, Even Næstvold, Hege Dahl, Espen Sandvik, Gard A. Skogstrøm, Christina Cascampas, Andreas Rabe, Knut-Marius Sture, Bente Langsrud, Camilla Ellingsvik and Eyvind Sandvik.

DLA Piper advises IGM Resins and Arsenal Capital Partners on the acquisition of global photoinitiator business of BASF

06 Sep 2016

DLA Piper has advised IGM Resins B.V. as well as the US private equity fund which owns the company, Arsenal Capital Partners, on the acquisition of BASF's global photoinitiator business for an undisclosed amount. IGM Resins B.V. is an international supplier of radiation-cured materials.

The company, headquartered in the Netherlands, was founded in 1999 and offers full-service solutions for UV/EB coatings, adhesives and the paint industry. Since 2012, the US private equity fund Arsenal Capital Partners has held the majority of shares in IGM Resins.

Milbank Advises ProSiebenSat.1 on Acquisition of Majority in Parship Elite Group

05 Sep 2016

Munich, September 5, 2016 – The international law firm Milbank, Tweed, Hadley & McCloy LLP advised ProSiebenSat.1 Media SE on acquisition of a majority stake in Parship Elite Group. The company, headquartered in Hamburg, with its two strong brands Parship and ElitePartner is the leading online dating service in the German-speaking world.

WFW advises CIP on Massachusetts offshore wind project acquisition

05 Sep 2016

International law firm Watson Farley & Williams (“WFW“) advised Copenhagen Infrastructure Partners (“CIP”) on the acquisition, on behalf of its Copenhagen Infrastructure II fund, of 100% of OffshoreMW LLC (“OffshoreMW”) from leading US private equity firm Blackstone. OffshoreMW holds a 675 square km offshore wind energy lease issued by the US Bureau of Ocean Energy Management and located off the coast of Massachusetts, north eastern US.

White & Case Advises GlobalWafers Co., Ltd. on US$683 Million Acquisition of SunEdison Semiconductor

02 Sep 2016

Global law firm White & Case LLP has advised GlobalWafers Co., Ltd. in its pending acquisition of SunEdison Semiconductor Limited (NASDAQ OMX: SEMI) in a transaction valued at US$683 million, including SunEdison Semiconductor outstanding net indebtedness. Both companies are leaders in the manufacture and sale of silicon wafers to the semiconductor industry. The transaction is expected to close by the end of 2016 and is subject to customary closing conditions, including SunEdison Semiconductor shareholder, CFIUS, antitrust and Singapore Court approvals.

Dechert Advises American Express Global Business Travel in its Acquisition of Klee Data System

02 Sep 2016

Dechert LLP advised American Express Global Business Travel (GBT) in connection with its acquisition of Klee Data System (KDS), a global provider of integrated travel technology.

Founded in 1994, KDS has spent more than 20 years innovating integrated travel technology as well as developing industry-leading and award-winning cloud-based solutions for the modern business traveller. Headquartered in France, KDS has operations in the United Kingdom, Germany and the United States.

Vinge advised Elanders

02 Sep 2016

Vinge has advised Elanders AB (publ) in connection with the acquisition of the German supply chain management company LGI Logistics Group International GmbH and advises in connection with the rights issue of approximately SEK 700 million that is made to partly finance the acquisition.

Vinge’s team includes Erik Gabrielson, Erik Sjöman, Christian Lindhé, Ludvig Frithiof and Astrid Karlsson.