Schoenherr has advised Funke Mediengruppe on the sale of Pannon Lapok Társasága ("PLT") to Mediaworks. The acquisition was approved by the National Media and Infocommunications Authority and the Hungarian Competition Authority, and the deal closed on 30 September 2016. The purchase price is not public.

Pannon Lapok Társasága is present in four Hungarian counties with regional papers in addition to having local digital media channels as well.

Niederer Kraft & Frey (NKF) has advised Trend International Holding AG (Trend) and its majority shareholder, Shawn Sedaghat, in the sale of the capital stock of Gotha Cosmetics S.r.l. (Gotha) to a special purpose vehicle ultimately held by Capvis Equity IV LP (Capvis) and the subsequent reinvestment by Trend in Gotha.

Burges Salmon advises the outgoing founders, Sovereign Capital Partners and managers of the business on the sale of Lifetime Training.

Burges Salmon's corporate team has advised the outgoing founders, Sovereign Capital Partners and managers of the business on the sale of Lifetime Training, in the firm’s second significant transaction in the sector in recent months, having advised on the sale of Babington Group to RJD Partners in April.

Com Hem and Teracom Boxer Group AB have on 7 June 2016 entered into an agreement regarding Teracom Boxer Group AB’s divestment of its Swedish pay TV business – Boxer TV-Access AB (“Boxer Sweden”). The transaction was subject to the Swedish Competition Authority’s approval. Closing was held on 30 September 2016.

On 3 October 2016, UPC Switzerland (formerly upc cablecom) acquired the remaining 51% in e-fon AG. In October 2013, UPC already aquired 49% and entered into a joint venture with the sellers. e-fon is the leading provider in Switzerland for modern telephone solutions in the wholesale market.

Walder Wyss advised the sellers and e-fon AG in this transaction. The team was led by Alex Nikitine (Partner, Corporate/M&A, Capital Markets) and further included Hans Rudolf Trüeb (Partner, IP/IT) and Fabian D. Glässer (Associate, Corporate/M&A).

After several years of strong development, Markör Marknad & Kommunikation AB and CMA Research AB are joining forces to create a market leading provider of research services in Sweden with a mutual vision to develop and professionalize the industry. In connection with this, Valedo Partners Fund II AB enters as a new majority shareholder in partnership with previous owners, the board and key employees.

Delphi represented the owners of Markör Marknad & Kommunikation AB in the transaction.

London/New York – Paul Hastings LLP, a leading global law firm, announced today that it has advised FLSV Fund Administration Services LLC ("FAS") and its owners on its agreement for the disposal of FAS to Sanne Group plc for a total consideration of $65,800,000 subject to customary adjustments. The transaction is expected to complete by the end of November 2016.

International law firm Pinsent Masons has advised the shareholders of Blackbird Retail Holdings, owner of The Cotswold Company, on its sale to True Capital.

Blackbird Retail Holdings acquired The Cotswold Company in 2009, which is currently one of the UK’s largest online furniture retailers and generates annual revenues in excess of £35m. True Capital will partner with the existing management team to continue to lead the company through its next stage of growth.

The London and New York offices of Debevoise & Plimpton LLP have advised MBIA Insurance Corporation (“MBIA”) in the sale, through its wholly owned subsidiary MBIA UK (Holdings) Limited (“MBIA UK Holdings”), of MBIA UK Insurance Limited (“MBIA UK”) to Assured Guaranty Corp. (“Assured”).

Ascom Holding AG (SIX: ASCN) and InfoVista have closed a sale agreement under which InfoVista acquired the Network Testing Division. The transaction is based on a cash-free / debt-free enterprise value of USD 45 million. Ascom received USD 30 million in cash at closing and the remainder of the consideration is in the form of a subordinated vendor loan with a nominal value of USD 15 million, a 7-year maturity and a stated interest rate of 4% p.a.