Dentons advised the offeror - Korporacja Inwestycyjna Polskiej Farmacji sp. z o.o. - with regard to the tender offer for sale of 100% shares in Pelion S.A. The offeror is a company controlled by Mr. Jacek Szwajcowski, with Mr. Zbigniew Molenda holding a minority stake. Messrs. Szwajcowski and Molenda are both founders of Pelion. The tender offer is addressed to other shareholders of Pelion S.A.

It is the largest tender offer for shares of a company listed on the Warsaw Stock Exchange this year.

Allen & Overy advised ENGIE on the sale of 100% of its shares in ENGIE Energia Polska, the owner of Elektrownia Polaniec, to ENEA S.A.

ENGIE Energia Polska is the fifth largest power producer in Poland. It operates a power plant in Polaniec with a capacity of 1.9 GW consisting of seven coal fired units and the world's largest biomass fired boiler of 205 MW. Following the transaction, ENEA will be the largest power producer in Poland.

Simpson Thacher represented Apax Partners LLP and Guardian Media Group plc on the block trade sale by Guardian Media Group plc and certain entities indirectly wholly owned by Apax Europe VII of their remaining stakes in Ascential plc (“Ascential”), being an aggregate of 92,968,360 ordinary shares. The sale, which was effected by way of an accelerated book build, raised gross sale proceeds of £267.7 million in aggregate. Settlement took place on March 9, 2017.

Charles Russell Speechlys has advised The Institute of Chartered Secretaries and Administrators (ICSA) on two company disposals to the US buyer, Diligent Corporation, a leading provider of online collaboration solutions for committees, company boards and leadership teams.  Charles Russell Speechlys acted in relation to ICSA’s sale of its 60% share in ICSA Boardroom Apps Limited and its 100% share in ICSA Software International Limited.

* Fourth largest M&A transaction in Poland by value in 2016

Global law firm Norton Rose Fulbright has advised Transport Infrastructure Investment Company S.a r.l. (TIIC) and Grupa NDI S.A. (NDI) on the sale to Arcus Infrastructure Partners of NDI Autostrada sp. z o.o.

Arcus Infrastructure Partners holds 25.31% of shares in Gdansk Transport Company S.A. (GTC), an SPV that constructed and has a concession to operate the northern section of the A1 motorway in Poland.

The deal was the fourth largest M&A transaction in Poland by value in 2016.

CHSH Cerha Hempel Spiegelfeld Hlawati Rechtsanwalte advised OMV in connection with the sale of all of its shares in the Turkish mineral oil distribution company OMV Petrol Ofisi AS (Petrol Ofisi) to Vitol Group. The total purchase price of the transaction amounts to EUR 1,368 mn.

We represented Silvadata Oy and its 64 shareholders in the sale of the company to the US-based technology group Trimble Inc. and its Finnish subsidiary Trimble Finland Oy. The largest shareholder of the company before the transaction was The Central Union of Agricultural Producers and Forest Owners (MTK). In the transaction, Trimble acquired 100% of the shares in the company.

We advised Stora Enso in a transaction whereby it divested its 100% shareholding in its Finnish subsidiary Formeca Oy, a provider of high-quality machines for automated packaging lines, to Amitec Oy, a specialised engineering and machine construction company based in Finland.

Following this transaction, Stora Enso will become a reseller of Formeca machines and retain the ability to support and consult customers on packaging automation solutions. Hence Stora Enso will continue to deliver Formeca packaging machines to its customers in its core markets.

Shanghai – K&L Gates LLP has advised the major shareholder of Taiwanese  low-power E-paper engineer Pervasive Displays Inc. on the sale of 100% of the outstanding shares of the company to Euronext-listed SES-imagotag. The transaction includes an upfront consideration paid partly in SES-imagotag shares and in cash, together with a contingent earn-out payment.

The London and Frankfurt offices of Debevoise & Plimpton LLP have advised Helios Investment Partners (“Helios”) in its sale of a stake in Interswitch Limited, Lagos/Nigeria, to TA Associates. Helios will remain the majority shareholder of Interswitch following the transaction.

Interswitch is an Africa-focused integrated digital payments and commerce company. Founded in 2002, it is a recognized leader in the payments space in Nigeria, and also operates in Kenya and Uganda through add-on acquisitions.