Latham & Watkins has advised U.C.E. Synttech Holdings Limited on its cash offer for IG Seismic Services Plc. The deal marks the first time that the UK Takeover Panel has shared jurisdiction with the Cyprus Securities and Exchange Commission on a takeover offer. The offer is for a Cypriot company with operations in Russia and global depositary receipts listed on the London Stock Exchange.
Davis Polk advised CITIC Capital Partners in connection with the $890 million going-private acquisition of Nasdaq-listed AsiaInfo-Linkage, Inc. by a consortium led by CITIC Capital Partners and that includes Edward Tian, a co-founder and significant stockholder of AsiaInfo-Linkage. The transaction was completed on January 15, 2014.
Davis Polk also advised CITIC Capital Partners in connection with the $330,000,000 syndicated, five-year, senior secured term loan financing for the acquisition of AsiaInfo-Linkage.
Norton Rose Fulbright has advised UK-based reinsurance legacy specialist Compre Holdings on the acquisition of German run-off specialist Hamburger Internationale Rückversicherung AG (HIR), including its subsidiaries Pavant SAS (reinsurance business in run-off; Paris) and Chiltington International Holdings Limited, based in London. The businesses were acquired from Tawa plc. The transaction is subject to the approval of the relevant regulatory authorities.
Allen & Overy LLP has advised Link Market Services (Link) in connection with the (not yet completed) acquisition of registrar services GmbH, based in Eschborn near Frankfurt, from Deutsche Bank.
registrar services is part of Deutsche Bank’s Global Transaction Banking division. The company is a pioneer in share registry services in Germany and has long-standing relationships with large cap companies like Deutsche Bank.
DLA Piper has advised The Hain Celestial Group, Inc., a leading natural and organic products company, on the acquisition of Tilda Ltd (Tilda), a premium Basmati and specialty rice products company.
The acquisition will provide Hain Celestial with new markets to expand their other global brands in the United Kingdom, the Middle East, North Africa, India and Europe.
Global law firm Eversheds advised New World China Land Limited (NWCL) on its acquisition of Penta Hotel Holdings Ltd for approximately €13.5 million.
NWCL is one of the leading large-scale national developers in Mainland China with total assets of HK$117.8 billion, its projects span over 25 large cities or major transportation hubs.
Penta Hotel Holdings Ltd manages a total of 24 Pentahotels across Germany, the United Kingdom, Belgium, Czech Republic and Austria.
Field Fisher Waterhouse has advised Deutsche Börse Market Data + Services on its acquisition of enterprise software firm Impendium Systems. The acquisition was completed on 10 January 2014 for an amount in the single digit million euro range. The deal represents an important step in Deutsche Börse’s growth strategy of integrating technology and data offerings to better serve client needs.
DLA Piper represented Arsenal Capital Partners, a New York private equity firm specializing in middle market health care and industrial companies, in its purchase of Certara, a biopharmaceutical service provider that provides data analytics software, consulting and model-based drug development.
Certara’s technology-based products provide specialized solutions for the entire span of drug discovery and development. The purchase of Certara will assist Arsenal in the creation of products and methods for reducing the time and expense spent developing and marketing new drugs.
Virtusa Corporation, a US Nasdaq listed company, has, through its Dutch subsidiary, acquired the Swedish company TradeTech Consulting Scandinavia AB. The acquisition expands Virtusa’s leading position within the banking, financial services and insurance industries by increasing its asset management and treasury services domain and technology expertise. The acquisition will also result in an expansion of Virtusa’s footprint in the Nordics.
Clifford Chance has advised KUKA AG, Augsburg, on its subscription of a 51% stake in the Reis group as part of a capital increase. The parties also agreed that KUKA AG will have the opportunity to acquire the remaining 49% of the group's capital from the members of the Reis family at a later point in time. The parties have agree not to disclose the economic terms of the transaction. The transaction is subject to clearance by the German Federal Cartel Office.