International law firm CMS has advised Infracapital, one of Europe’s leading infrastructure investors, on an offer for pure fibre provider Gigaclear plc (“Gigaclear”) made by funds managed by Infracapital. When aggregated with Gigaclear shares previously held, the acceptances received by the first closing date led to Infracapital (GC) SLP LP holding approximately 78% of Gigaclear’s issued share capital. The offer valued Gigaclear at approximately £270m.

De Brauw has served as lead counsel to Philips on its acquisition of NightBalance Holding B.V.

Client name
Koninklijke Philips N.V.

Other parties involved
NightBalance Holding B.V.

Nature of transaction
Philips expands its sleep & respiratory care portfolio with the acquisition of NightBalance Holding B.V. from multiple sellers. NightBalance is a digital health scale-up company based in the Netherlands, that has developed an innovative, easy to use device to treat positional obstructive sleep apnea and positional snoring.

A team led by Boris Dürr, Partner at the law firm of Heuking Kühn Lüer Wojtek, advised Munich-based investment holding company Primepulse SE on the acquisition of 100% of the shares in Katek GmbH including its subsidiaries in Austria and Hungary. The seller is Kathrein SE. With the acquisition of Katek, Primepulse strengthens its Electronics division that also includes Memmingen-based Steca Electronik, which was acquired in 2016, and takes another step on the way to becoming a digitization group.

BUCHAREST - RTPR Allen & Overy advises Autonom Services on the acquisition of BT Operational Leasing.
RTPR Allen & Overy has advised Autonom Services in relation to the acquisition of BT Operational Leasing, the operational leasing company currently owned by BT group. We expect this acquisition to be the biggest M&A transaction of the year in the Romanian market of operational leasing.
 

Willkie represents IK Investment Partners in connection with its contemplated acquisition of a majority stake in a, a French leader in the frozen bakery industry.

On May 3, Willkie client IK Investment Partners announced that it had entered into exclusive negotiations to acquire, through its IK VIII Fund, a majority stake in Mademoisselle Desserts, a French leader in the frozen bakery industry, from its current shareholders, including Equistone Partners Europe, Céréa Partenaire, Azulis Capital and the management team.

Michael Cziesla, Norman Wasse, Volker Teigelkötter, Nina Siewert, Gregor Lamla, Christian Masch, Wolfgang Freiherr Raitz von Frentz, Tobias Riemenschneider, Isabelle Suzanne Müller, Thomas Gennert, Pierre-André Brandt and Martina Banasch advised a merchandise management provider on its acquisition of a majority stake in a leading ERP specialist based in Essen, Germany.

DLA Piper advised BEWG International, a wholly-owned subsidiary of Beijing Enterprises Water Group, on its 100% acquisition of water utility service provider TRILITY by way of a competitive bid process.

Beijing Enterprise Water Group is listed on the Hong Kong Stock Exchange and manages over 500 treatment facilities across China, Malaysia, Singapore, Portugal, Macau and Taiwan.

TRILITY is a leading private, independent and professional water utility service provider which operates across Australia & New Zealand’s municipal and industrial sectors.

Sidley is advising a wholly owned subsidiary of TransUnion, a U.S. consumer credit reporting company, on the purchase of the Callcredit group (Callcredit), the second largest credit reference company in the UK for £1 billion. Callcredit is being sold by the private equity firm GTCR LLC, which bought Callcredit in 2014. The deal is expected to close in Q3 2018.

Davis Polk is advising Razer Inc. as to Hong Kong law in relation to its acquisition of MOL Global, Inc. from its other shareholders at a consideration of approximately $61 million.

Razer Inc. is a global lifestyle brand for gamers that offers an integrated portfolio of gaming hardware, software and services. MOL Global, Inc. is an investment holding company owning subsidiaries engaged in the business of internet media, computer games, e-distribution and e-payment and has a wide distribution network for virtual credits in Southeast Asia.

Charles Russell Speechlys has advised Rockpool on its acquisition of a majority stake in creative agency Smyle.