Simpson Thacher is representing affiliates of Tsinghua University in connection with the acquisition of a 51% interest in a newly created business comprising Hewlett-Packard’s subsidiary, H3C Technologies, and HP’s China-based server, storage and technology services businesses. The newly created company will have a total value of approximately $4.5 billion. The transaction is expected to close near the end of 2015, subject to regulatory approvals and customary closing conditions.

Brazil’s President Dilma Rousseff and China’s Premier Li Keqiang were present earlier this week in Brasilia to witness the signing of several key transactions involving investments by the Chinese SOEs in several sectors, including one in which Shearman & Sterling represented the Bank of Communications Co., Ltd. (“BoCom”), a Chinese joint stock company listed on HKEx, in its acquisition of 80% of the total outstanding shares of Brazil’s Banco BBM S.A. (“BBM Bank”).

Ashurst advised funds managed by Equistone Partners on the acquisition and the financing of Rhodius Group. Equistone acquired the shares from NORD Holding and BayBG Bayerische Beteiligungsgesellschaft. Rhodius is a leading manufacturer of mechanical components and modules for airbags and the environmental and process engineering industry. The acquisition financing was provided by Commerzbank Aktiengesellschaft. The parties have agreed not to disclose the purchase price nor the financing volume.

Orrick advised VC investor and long-standing client TVM Capital on the sale of Aspireo Pharmaceuticals’ Somatoprim (DG3173) to Cortendo AB, as well as on TVM’s $4.25 million investment in Cortendo in a private placement.

LETT assisted Visma in its acquisition of the Danish IT company E-conomic. E-conomic is a world-leading supplier of cloud-based accounting programs and has previously been awarded as a 'Gazelle' company by the Danish business newspaper Borsen. In 2015, the company expects 35% internal revenue growth.

The increase of the shareholding in DMG MORI AKTIENGESELLSCHAFT, Bielefeld (formerly GILDEMEISTER AG), by the Japanese machine tools manufacturer DMG MORI SEIKI CO., LTD. to 52.54% has been cleared by the respective merger control authorities. At the beginning of the year, DMG MORI SEIKI CO., LTD., located in Yamato-Koriyama, had successfully submitted a public tender offer to the shareholders of the German company. With a stated offer price of EUR 30.55 per share, the transaction had a maximum total value of more than EUR 1.5 billion.

Baker & McKenzie advised ZF Friedrichshafen AG on the acquisition of the industrial and wind gearbox division from Bosch Rexroth AG. The purchase price was not disclosed. The transaction is subject to approval by the antitrust authorities.

Olswang has advised Dentsu Aegis Network on its acquisition of John Brown Media, a world-leading branded content agency. The deal, announced 14 May 2015, enhances Dentsu Aegis Network's best-in-class expertise and range of capabilities in media, digital and creative communications services.

NCTM Studio Legale Associato assisted the brothers Giovanni and Michele Gervasoni in the sale of the entire share capital of Gervasoni s.p.a., a long established Italian high quality furnishing company, and in the subsequent reinvestment of part of the sale proceeds in Italian Design Brands s.r.l., the special purpose vehicle used by a club of private investors with the aim of creating an Italian design hub capable of competing at international level.

NCTM’s team was coordinated by the partner Pietro Zanoni, assisted by the associate Lucia Corradi.

White & Case LLP has advised Saudi Automotive Services Company (SASCO) on its acquisition of Zaiti Petroleum Services Company (Zaiti) from Madaen Star Group Company. SASCO has appointed Saudi Fransi Capital as its financial adviser on the transaction.