SGSB Group Co Ltd (SGSB) announced that it has, through its Europe-based subsidiary ShangGong (Europe) Holding Corp. GmbH (SGE), acquired a 100% stake in KSL Keilmann Sondermaschinenbau GmbH, KSE GmbH and KSA Verwaltungs GmbH. With the completion of the transaction, SGE will also hold indirectly a 100% stake in KSA GmbH & Co. KG. The parties have agreed not to disclose the purchase price.
Simpson Thacher is representing Hellman & Friedman in the acquisition of Hub International Limited in a transaction that values Hub International at approximately $4.4 billion.
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage providing property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States (including Puerto Rico), Canada and Brazil.
Shearman & Sterling is advising IceArizona AcquisitionCo., LLC on its purchase of the Phoenix Coyotes franchise from the National Hockey League. The sale and ownership transfer has been approved by the NHL’s Board of Governors. George Gosbee will serve as the Coyotes’ Chairman and Governor and Anthony LeBlanc will serve as the Coyotes’ Alternate Governor and pending CEO of the franchise.
IceArizona is a group composed of several business leaders from across North America. Renaissance Sports and Entertainment, LLC will act as the managing partner of IceArizona.
Speechly Bircham has acted as the legal adviser to Elysian Capital on its acquisition, alongside the incumbent management team, of Accelyon Limited, a company specialising in brachytherapy, an important treatment option for early stage prostate cancer. Led by a highly experienced management team in the brachytherapy industry, it is expected that the company will quickly attain a market leading position in the delivery of brachytherapy, initially focussed on the UK and Ireland, Australia and New Zealand.
National business law firm, DWF, has advised Mattioli Woods plc, the specialist pensions consultancy and wealth management business, on the acquisition of the entire share capital of Thoroughbred Wealth Management Limited and its subsidiary Atkinson Bolton Consulting Limited (‘Atkinson Bolton’), from its shareholders.
The deal is valued at up to £5.99 million and is to be satisfied partly in cash and partly through the issue of 946,256 new ordinary shares of 1p each in Mattioli Woods.
International technology, media and telecoms law firm Olswang has advised long-standing client ITV on its acquisition of Big Talk, the producer of multi award-winning series Rev for the BBC, Channel 4's Friday Night Dinner and ITV's recent sit-com The Job lot, as well as films including Shaun of the Dead, Hot Fuzz and The World's End.
Global law firm Eversheds has advised US based TriMas Corporation, a diversified global manufacturer of engineered and applied products on four significant acquisitions.
Shearman & Sterling is representing John W. Henry in a $70 million all-cash acquisition of The Boston Globe and the New England Media Group from The New York Times Company. Henry is the principal owner of Fenway Sports Group.
In addition to The Boston Globe, New England Media Group properties include BostonGlobe.com, Boston.com, Worcester Telegram & Gazette, Telegram.com and GlobeDirect, the Globe’s direct mail marketing company.
The Firm is representing Grosvenor Capital Management, L.P. (“Grosvenor”) in connection with its announced agreement to acquire Customized Fund Investment Group ("CFIG") from Credit Suisse Group AG (NYSE: CS). Following the completion of the transaction, CFIG will be renamed the GCM Customized Fund Investment Group, and will operate as a subsidiary of Grosvenor and maintain its New York headquarters. The combined firm will have over $40 billion in assets under management and 400 professionals across the globe. Terms of the transaction were not disclosed.
Linklaters has advised Hay Holding GmbH, a Gores Group portfolio company, on the acquisition of the Metallumform Group. With its headquarters in Hannoversch Münden in the German state of Lower Saxony and until now a family-owned company, Metallumform is one of the leading manufacturers of forged and machined automotive components, delivering precision components for motors, gears and axles to the automotive, commercial vehicle and bearing industries.