Global law firm White & Case LLP has advised Orange, one of the world's leading telecommunications operators, on its acquisition of a 65 percent stake in Groupama Banque, which will become Orange Bank.
MUNICH, May 17, 2016 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the Italian company Engineering Ingegneria Informatica SpA on the acquisition of 51% of shares in Consulting GmbH ("DST") and EMDS GmbH ("EMDS"), two wholly owned subsidiaries of F-Net AG, Stuttgart. F-Net will continue to be a 49% shareholder, to support the development and integration of the two companies.
Castellum AB (publ) acquires all of the shares in Norrporten AB (publ) from Andra AP-fonden and Sjätte AP-fonden.
Norrporten is one of Sweden’s larger office property companies, with properties in Sweden and Denmark. Norrporten’s properties are located across eleven geographical market areas with a total leasable area of approximately 1.14 million square metres and an aggregate property value of approximately SEK 26 billion.
CLX acquires 100 per cent of the shares in Mblox Inc. (“Mblox”) for a cash consideration of USD 117 million (corresponding to approximately SEK 954 million) on a cash and debt free basis.
Slaughter and May advised Cable & Wireless Communications Plc (CWC) on its recommended takeover by Liberty Global plc which was effected by way of scheme of arrangement. The scheme became effective today.
Delphi has been legal advisor to NIBE in the acquisition of all shares in Climate Control Group, USA.
Climate Control Group ("CCG") is a leader in the manufacturing of HVAC solutions for commercial buildings and single family homes in the North American market. CCG has many well-known brands such as ClimateMaster, IEC, ClimateCraft and ClimaCool. The acquisition is subject to regulatory approval. Additional information is available in NIBE's press release.
Global law firm Norton Rose Fulbright has advised the Italian regional development company Veneto Sviluppo S.p.A. (Veneto Sviluppo) on the acquisition of 65.8 per cent of the corporate capital of Apvs S.r.l. (Apvs). Apvs owns 53 per cent of the outstanding share capital of Venezia Terminal Passeggeri S.p.A., the manager of the port of Venice, Stazione Marittima di Venezia.
The Norton Rose Fulbright team in Milan was led by corporate partner Alessandro Monza, assisted by shipping partner Gennaro Mazzuoccolo and corporate associate Giovanna Vercesi.
Global law firm White & Case LLP has advised CD Holding Internationale SAS, owned by French cooperative Up Group which specializes in vouchers for companies and individuals, on the acquisition of European Payment Solutions NV (EPS), which provides technology to businesses enabling the acceptance of card payments across Europe.
The transaction closed in Brussels on April 27, 2016.
City law firm, RPC, announces its third insurance sector deal in the past ten days.
Following on from advising on the Chaucer / AXA SPS, and the acquisition of ANV by AmTrust Financial, a team from RPC has advised on the agreed management buy-out of specialist Lloyd's broker, Lonmar Global Risks Limited, backed by Global Risk Partners Limited. Completion of the transaction is subject to regulatory approval.
The RPC team was led by Peter Hill, Senior Counsel, assisted by Paul Jenkins, Senior Associate, and Jonathan Charwat, Associate.
International law firm Simmons & Simmons advised Dutch brewer Bavaria N.V. (‘Bavaria’) on the acquisition of a controlling stake in Palm Belgian Craft Brewers.
The 60% stake Bavaria has acquired will gradually be increased to 100%, full acquisition to be completed in 2021.