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M&A: Acquiror's Counsel

Arnold & Porter Advises Williams Lea Tag on Acquisition of Taylor James

17 Sep 2018

Arnold & Porter's London and US Corporate team has advised Williams Lea Tag, the leading independent global marketing activation partner, on the acquisition of Taylor James, a leading digital production studio. Williams Lea Tag is the leading independent marketing activation partner trusted by global brands worldwide to turn creative ideas into reality. Taylor James, with a network across North America and Europe, offers high-end CGI, animation, design, and VFX in a variety of sectors.

Clifford Chance advises The Carlyle Group in Acquiring Majority Stake in East African Pharmaceutical Leader

17 Sep 2018

International law firm Clifford Chance has advised global alternative asset manager The Carlyle Group on the acquisition of a majority stake in AK Life Sciences (Abacus), a leading distributor of pharmaceutical products in East Africa and the largest manufacturer of parenterals in Uganda. Financial terms of the deal are not disclosed.

DLA Piper advises Verivox on the acquisition of digital insurance manager app from Getsafe

17 Sep 2018

DLA Piper has advised Verivox on the takeover of a brokerage business and the insurance manager app solution from Getsafe. The app enables customers to manage existing insurance contracts digitally, receive advice online and acquire new insurance policies. In future, Getsafe will be focusing exclusively on growth as a digital insurance provider. The companies have agreed not to disclose the purchase price.

International CMS team assists Chinese cable manufacturer ZTT on acquisition of Turkish company Demirer Kablo

17 Sep 2018

Shanghai/Istanbul - The Chinese cable manufacturer Jiangsu Zhongtian Technology Co., Ltd. (ZTT) has acquired the Turkish company Demirer Kablo from Saudi Cable Company for USD 66.7 million. The transaction was completed today after merger control clearance had been granted.

Gide advises Legrand on its purchase of Shenzhen Clever Electronic Co., Ltd.

14 Sep 2018

Gide has advised Legrand on its purchase of Shenzhen Clever Electronic Co., Ltd., the Chinese leader in intelligent PDUs4 for data centres. Shenzhen Clever Electronic Co., Ltd. thus rounds out Legrand’s product offerings in a high added-value segment, where it is already number one in the United States with its Raritan and Server Technology brands.

Gide advised Legrand on all aspects of the project, including legal due diligence, structuring, and negotiation and drafting of the transaction documents.

DLA Piper (Canada) LLP acted for Carnival Corporation in the US $290 million acquisition of the White Pass and Yukon Route from TWC Enterprises Limited

14 Sep 2018

DLA Piper (Canada) LLP, in conjunction with DLA Piper LLP (US), acted for Carnival Corporation (“Carnival”) in the US $290 million acquisition of the White Pass and Yukon Route railway (”WPYR”) from TWC Enterprises Limited.

As part of the acquisition, the DLA Piper teams also represented Carnival in a second transaction related to the sale of a majority interest in WPYR to companies affiliated with Carrix, a global ports and logistics company, as well as certain shareholders of Carrix. Both transactions closed on July 31, 2018.

DLA Piper advises Palisade on acquisition of equity stake in HCL fiber optic cable business

14 Sep 2018

DLA Piper has advised Palisade Investment Partners Limited (Palisade), on behalf of funds that it manages, on the acquisition of a significant equity stake with board representation in HCL Limited Partnership, HCL LP General Partner Limited and International Connectivity Services Limited.

Milbank Advises Lenders in Advent International’s Acquisition of Deutsche Fachpflege Gruppe

12 Sep 2018

Milbank, Tweed, Hadley & McCloy LLP advised the lenders in the acquisition of Deutsche Fachpflege Gruppe by private equity investor Advent International.

Deutsche Fachpflege Gruppe is the market leader in high quality outpatient intensive care in Germany. With a total of 18 outpatient nursing providers and a non-profit inpatient facility, the Group offers a broad spectrum of care services in individual as well as community care settings. The company has a strong reputation as a provider of high-quality nursing care and is a pioneer in outpatient intensive care.

Burges Salmon advises Gooch & Housego on US and UK acquisitions

12 Sep 2018

The corporate team from independent UK law firm Burges Salmon has advised Gooch & Housego PLC (G&H) on two strategic acquisitions during the summer.

In the UK, the team advised on the acquisition of Integrated Technologies Limited (ITL) for a total consideration of up to £22 million, which will enable G&H to take a significant step towards meeting its strategic objectives, including doubling the revenue of its life science business and accelerating its move up the value chain, with all of ITL's sales coming from system based products.