The banks’ joint solution to mobile payment, Swipp, purchases Paii, Denmark’s first real mobile payment solution, from the telecom providers TDC, Telenor, Telia and 3 and merges the two businesses with the declared goal to make Swipp the Danes’ favourite mobile payment solution.

With the merger of Swipp and Paii, there will be a new joint app, making it possible for all Danes, regardless of their chosen bank, to use their mobile phones to transfer money, pay online or make payments in stores.

The Australian telecommunications company Telstra has acquired Videoplaza AB via Ooyala, Telstra’s recently acquired streaming video distribution platform in the United States.

Videoplaza was established in 2007 and is a leader in video advertising technology, delivering ads to viewers across all devices. Videoplaza’s majority shareholders prior to the acquisition included the company’s founders and the Swedish private equity firms Creandum and Northzone.

Evolva Holding SA (SIX: EVE), a pioneer and global leader in sustainable, fermentation-based approaches to ingredients for health, wellness and nutrition has agreed to acquire San Diego-based Allylix, Inc., a privately held yeast fermentation company with a focus on high-value ingredients, in an all-stock transaction. The acquisition will immediately expand Evolva's product and IP portfolio and enhance the competitiveness of Evolva's stevia products. The overall consideration will consist in 46 million newly-issued Evolva shares (c. 14.1% of Evolva post transaction).

The French Kering group, a world leader in apparel and accessories, announced that the acquisition of the Swiss haute horlogerie watch manufacturer Ulysse Nardin (founded 1846) has been completed. Kering is the owner of brands such as Gucci, Bottega Veneta, Girard-Perregaux and Puma.

LETT has assisted Dubex A/S in connection with the acquisition of all assets of the IT enterprise eSec Managed Services A/S.

Dubex A/S is one of the market leaders in IT security. The eSec core business is based on hosted IT security solutions, which is one of Dubex's growth areas.

The former owner will continue in Dubex being in charge of the management of eSec employees and the development of new managed security services.

Linklaters has advised Tokyo Stock Exchange listed  Japanese financial institution, J. Trust Co. Ltd (“J Trust”), as international counsel on the acquisition of Indonesia’s PT Bank Mutiara Tbk for USD 373m; an example of the continuing desire by foreign investors to tap the rising demand for retail finance in SE Asia’s largest economy.

Paragon Offshore plc announced on Monday morning 17 November 2014 that it had acquired more than 55% of the shares of the Oslo Axess listed company Prospector Offshore Drilling S.A., followed by a new announcement later the same day, where it was informed that more than 90% of the shares had been acquired. Schjødt acted as Norwegian legal advisor to Paragon Offshore in connection with the acquisition.

Primary Contacts
Audun Bondkall
Thomas Aanmoen

We have assisted the Hamburg-based alternative investment company in the acquisition of Norsk Grønnkraft.

The transaction is the largest within the Norwegian hydropower sector in several years.

The agreement was signed on 7 November at Thommessen's offices in Oslo. Pareto Securities acted as financial advisor for Aquila.

Aquila Capital is one of Europe's largest independent investment funds managing over 7 billion Euros.

Slaughter and May is advising Colt Group S.A. (Colt) on its proposed acquisition of KVH. Colt will pay a total cash consideration of EUR 130.3 million for 100% of KVH on completion of the transaction.

The proposed acquisition, which is subject to independent shareholder approval and expected to complete in the later stages of 2014, will enhance Colt's position in serving multi-national companies with global financial trading system solutions.

A Travers Smith team led by private equity partner Helen Croke, advised VPS on their acquisition of Camwatch, a specialist security provider and a pioneer in CCTV monitoring.

Camwatch has over 10 years’ experience in developing security products including an innovative CCTV solution that supports the security of construction and remote sites. In addition, Camwatch’s ATM locking bar is currently deployed in over 4,000 cash machines in the UK for a range of blue chip customers.