Sidley is advising AGC Holdings Limited (a wholly owned portfolio company of Essar Global Limited) as international legal counsel on its sale of Aegis, a major global outsourcing company, to private equity firm Capital Square Partners. This transaction marks Essar Global’s complete exit from the business process outsourcing business.

Upon receipt of regulatory approvals and satisfaction of other customary closing conditions, the transaction is expected to close during the first quarter of FY 2017–18.

The London office of Debevoise & Plimpton LLP has advised Clayton, Dubilier & Rice (“CD&R”) as majority shareholder in Exova Group (“Exova”), a global testing, calibration and advisory services provider, in the £620.3 million recommended cash acquisition of Exova by Element Materials Technology Group (“Element”).

Addleshaw Goddard's leading Private Equity team has advised Phoenix Private Equity on the sale of Key Retirement Group, a leading independent provider of specialist financial products for retirees, to funds managed and/or advised by Partners Group, the global private markets investment manager.

The £208m buyout which represents a 4.5x return for Phoenix, also delivered an exit for the founders of the business and a transition to the management team who formed part of the succession plan.

Linklaters is advising Shanghai based Bright Food Group on their sale, with Barings Private Equity Asia, of Weetabix Limited to U.S. based Post Holdings, announced on the 18 April. The total value of the deal is £1.4bn.

The Linklaters team is led by London Private Equity Partner Carlton Evans and Shanghai Senior Consultant Richard Gu, supported in London by senior associates Dan Turgel and Richard Bore and associate Amy Barker and, in Shanghai, by senior associate Soo Jeong Hwang and associate Eric Cheng.

Grupo Zeta sells Ediciones B, including well-known publications such as “Mortadelo y Filemón”

Penguin Random House, a worldwide publishing group, has entered into an agreement with Grupo Zeta to buy Ediciones B.

Pangea GmbH, a Busch SE group company, has published an Offer Document for a further unsolicited takeover offer for all shares in Pfeiffer Vacuum Technology AG following the failure of its first takeover bid.   Hengeler Mueller is advising Pfeiffer Vacuum on the takeover attempt.

Travers Smith LLP has advised long-standing client Patron Capital, the pan-European real estate private equity fund, on the sale of specialist neuro disability care provider The Badby Group to Elysium Healthcare, the specialist mental healthcare provider backed by BC Partners.

Paris – Paul Hastings (Europe) LLP, a leading global law firm, and Castillo Finance advised Philippe Lerouge, CEO of OGF Group, the French leader of funeral services, and its management team on the majority takeover by Ontario Teachers Pension Plan.

Milan corporate team advises on high-profile transaction involving complex, cross-conditionality.

Latham & Watkins has advised STAR Holdings B.V. and Morgan Stanley Infrastructure on the sale of its entire indirect stake in SAVE S.p.A. (SAVE), a traveller service company listed on the Mercato Telematico Azionario of Borsa Italiana S.p.A.