De Brauw has advised NXP Semiconductors on its acquisition by chip supplier Qualcomm. The deal, with a value of USD 47 billion, is the biggest acquisition of a Dutch company since the acquisition of ABN AMRO in 2007 and it is the largest transaction in the history of the semiconductor industry.
Slaughter and May advised Palamon Capital Partners, and other financial investors, on the sale of SARquavitae to HomeVi in a transaction valuing SARquavitae at approximately €440 million on an enterprise basis. The transaction is subject to antitrust clearance and is expected to close in the first quarter of 2017.
SARquavitae is one of the leading health, social services and elderly care providers in Spain. HomeVi owns and operates homes for elderly and retired people and is a portfolio company of PAI Partners.
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The worldwide leading manufacturer of high performance sensor and analog solutions ams AG, an Austrian company listed at SIX Swiss Exchange, agreed to acquire 100% of the shares in Heptagon Advanced Micro-Optics Pte. Ltd, a global leader in micro-optics and optical sensing solutions with particular expertise in high performance optical packaging where the company is positioned as innovation leader. The transaction combines an upfront consideration in cash and partially newly issued shares with a value of USD 570m with a substantial deferred earn-out consideration of up to USD 287m.
Milbank, Tweed, Hadley & McCloy LLP has advised the owners of the premium fashion retailer Schustermann & Borenstein (S&B) led by private equity investor Ardian on the sale to Permira Funds. The financial investor Permira will acquire a majority in S&B, the two founding families Schustermann and Borenstein will continue to be invested in the S&B group.
Travers Smith LLP is advising new client Dee Valley Group PLC on the recommended cash offer by investment company Ancala Fornia Ltd for the entire issued share capital of Dee Valley. The acquisition, which will be financed by Ancala's infrastructure investment funds, values Dee Valley at approximately £71.3 million.
Pinsent Masons has advised leading German auction channel 1-2-3.tv GmbH, on the sale of the majority of shares in the business.
Baker & McKenzie advised ZF Friedrichshafen AG on the sale of Cherry Group to the German private investment company GENUI. The takeover which requires no regulatory approvals is planned for conclusion in November this year. Details of the financial agreement will remain undisclosed.
Vinge has advised D. Carnegie & Co AB (publ) (“D. Carnegie & Co”) in connection with a mandatory offer to the shareholders and warrant holders of D. Carnegie & Co, made by Blackstone through Vega Holdco S.à r.l. (”Vega Holdco”). Vega Holdco offers SEK 100 in cash per A- and B-share in D. Carnegie & Co. Based on all outstanding shares and warrants in the company, the total value of D. Carnegie & Co amounts to approximately SEK 7.8 billion.
The Öhman Group, the main owner of Nordnet, and Nordic Capital have, through NNB Intressenter AB, made a public offer to the shareholders of Nordnet AB (publ) (Nasdaq Stockholm). The Offer values all shares of Nordnet at SEK 6,476 million.
Vinge advises Nordnet. The Vinge team is headed by capital markets and public M&A partner Erik Sjöman and includes Malte Hedlund, Pernilla Warg and Christoffer Widström.
MUNICH, October 21, 2016 - The international law firm Milbank, Tweed, Hadley & McCloy LLP advises i:FAO Aktiengesellschaft, Frankfurt am Main, a developer of cloud-based software for business travel management, on the public tender offer by Amadeus, a travel technology group based in Madrid.
In public releases made yesterday, a subsidiary of Amadeus S.A. has announced its intention to launch a public tender offer for the shares in i:FAO it does not own yet. In the context of the offer by Amadeus, i:FAO will apply for the delisting of its shares.