Baker McKenzie advised Jiangsu Hagong Intelligent Robot (Ha Gong Zhi Neng, HGZN), a Chinese robot manufacturer, on the acquisition of the German family owned company NIMAK (NIMAK GmbH, NIMAK KG and Nickel GmbH). The transaction volume amounts to 88 million euros and is transacted via HGZN's subsidiary, Herkules Intelligent Technology GmbH & Co. KG, headquartered in Germany. Further, 60 percent of the sister company NIMAK China will also be taken over.

Slaughter and May is advising The Restaurant Group (TRG) on its proposed acquisition of Wagamama for a cash payment of £357 million, representing an enterprise value of £559 million. The acquisition will be funded through a combination of cash, new debt and a rights issue and is conditional upon shareholder approval.

Slaughter and May is working as an integrated team with Cravath, Swaine & Moore LLP.
Contacts

Corporate: David Johnson (partner); Sally Wokes (partner); Financing: Matthew Tobin (partner)

Gide has advised the Icicle group, a high-end Chinese fashion brand, on its buy-out of the luxury label Carven through its subsidiary in Paris.

As part of the deal, Icicle is acquiring the design house, its remaining four stores in France, and all employees. The eco-friendly fashion company, based in Shanghai, beat out seven other bidders for the struggling French label, marking its third major investment in France after opening a design centre in 2013 and acquiring real estate last year for its upcoming flagship store in Paris.

Allen & Overy is advising NXMH on its acquisition of Bitstamp Limited ("Bitstamp"), one of the leading global cryptocurrency exchanges.
Founded in 2011, Bitstamp is the EU's largest digital currency exchange by volume with over three million registered customers, offering trading between BTC, BCH, ETH, XRP, LTC, USD and EUR.  Bitstamp was founded by Nejc Kodric (CEO) and Damian Merlak and is one of the few exchanges to hold a national payment institution licence.

International law firm Ashurst has advised Hancock Prospecting Pty Ltd (HPPL) on its successful off-market takeover offer, through its wholly owned subsidiary, Redstone Corporation Pty Ltd (Redstone), for all of the ordinary shares in Atlas Iron Limited (Atlas).

In June HPPL announced an all-cash off-market takeover offer to acquire all of the ordinary shares in Atlas (in which it did not already have a relevant interest), at an initial offer price of $0.042 per Atlas share; having accumulated a pre-bid stake in Atlas prior to launch.