DLA Piper represented Telefónica S.A. in the sale of Television Federal S.A. (Telefe) in Argentina to Viacom, Inc. for US$ 345 million. Telefe, one of the most popular television networks and biggest content producers in Argentina, reaches 95 percent of all households in Argentina.
DLA Piper represented Radiant Group, Inc., a technical solutions and systems engineering provider, in its acquisition by DigitalGlobe, Inc., a provider of commercial high-resolution earth imagery products and services. Radiant was previously held privately by Aston Capital, and was purchased for US$140 million in cash.
The transaction bolsters DigitalGlobe's capabilities in the defense sector. Radiant's geospatial information and solutions, big data analytics and intelligence analysis will provide DigitalGlobe's customers with increased defense value and insights.
Travers Smith LLP has advised longstanding client Bridgepoint and management on the sale of Oasis Dental Care, the UK's leading private dental services provider to BUPA, in a transaction valuing the business at £835m..
AG has advised Creston plc, the listed digital marketing communications group, on a recommended takeover by one of its significant shareholders, DBAY, an international asset management firm, for an offer value of £75.8 million.
Alder Fund I AB, together with the other shareholders of Dinair Group AB, have entered into an agreement on the sale of Dinair to AAF International. Dinair is one of the largest manufacturers and suppliers of air filters in the Nordic region. Dinair has over 350 employees, is headquartered in Vadstena, Sweden, and has sales offices and warehouses located in Stockholm, Göteborg, Malmö, Oslo, Helsinki and Riga.
EPCOS AG, a German subsidiary of the Japanese company TDK, is launching a tender offer on Tronic’s Microsystems, a company listed on Alternext. The tender offer was approved by the Autorité des Marchés Financiers on 3 November 2016 and was opened on 10 November 2016 following the authorisation of the Ministry of Economy regarding the control of foreign investments.
Travers Smith LLP has advised Livingbridge and management on the acquisition by Exponent Private Equity of a majority stake in ENRA Group.
ENRA lends and brokes short term bridge mortgages as well as distributing specialist second charge and buy-to-let products. ENRA is unique in both lending from its own balance sheet and placing loans with external investors via its West One platform, in addition to operating a leading master broker under the Enterprise brand.
Watson Farley & Williams (“WFW”) has advised HQ Equita on the sale of Granite Holding GmbH (“SCHOCK”), the leading global producer of high-quality quartz composite kitchen sinks, to IK Investment Partners (“IK”), via its IK VIIII Fund. The final closing of the transaction remains subject to approval by the German cartel authorities.
Slaughter and May, Hong Kong, advised Prudential plc (Prudential) on the sale of its life insurance subsidiary in Korea, PCA Life Insurance Co., Ltd, to Mirae Asset Life Insurance Co., Ltd. (Mirae), for a total consideration of KRW170 billion. The transaction was announced on 10 November 2016 and is subject to regulatory approval.
Prudential and its affiliated companies constitute one of the world’s leading financial services groups. Mirae is the sixth largest life insurance company in Korea with over KRW 28 trillion in total assets.
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Paris - Mayer Brown advised AccelLAB, a Canadian CRO specialized in the pre-clinical assessment of new medical devices on it acquisition by CiToxLAB, a leading player among preclinical CROs.