Stibbe advises Vicrea, a market leading software provider of GEO IT solutions for the local government domain in the Netherlands, on the sale by Synergia and other shareholders of all shares to Total Specific Solutions (TSS), a leading company for business solutions.
TSS is a subsidiary of Constellation Software Inc., listed on the Canadian Stock exchange.
Eversheds has advised Starbucks on the sale of all partnership interests in Starbucks Coffee Deutschland, the German subsidiary of Starbucks, to AmRest of Poland. The purchase agreement which is expected to take effect on 23 May 2016 will result in AmRest acquiring the existing 144 equity stores and having the license to operate and develop the Starbucks brand in Germany. Wierzbowski Eversheds advised Starbucks Coffee Company with the Polish aspects of the transaction. Dr. Krzysztof Haladyj coordinated the works of the Warsaw lawyers.
Shearman & Sterling is advising the Special Committee of the Board of Directors of New York-listed E-Commerce China Dangdang Inc. (China Dangdang) in connection with its approximately US$556 million going-private transaction. The transaction is expected to close during the second half of 2016 and is subject to various closing conditions.
Roschier represented Accent Equity and Ahlström Capital in the sale of ÅR Packaging Group AB, which is one of Europe's leading companies in the packaging sector with net sales of approximately 560 MEUR (pro forma 2015) and 2,200 employees across 17 factories in nine countries, to funds advised by CVC Capital Partners.
Travers Smith LLP has advised Phoenix Equity Partners ("Phoenix") and the senior management shareholders on their sale of Palletways Group Limited ("Palletways") to Imperial Holdings Limited ("Imperial") for a total transaction value of £163 million.
Paul, Weiss client The Carlyle Group divested its shares of Yuanta Financial Holdings Ltd, amounting to approximately $90 million in aggregate, through an accelerated book-build and block trade on the Taiwan Stock Exchange. Paul, Weiss assisted Carlyle in acquiring these shares when it exited its investment in Ta Chong Bank via swapping their shares in Ta Chong Bank.
The Paul, Weiss team included corporate partner Jeanette Chan and counsel Corinna Yu.
SEM is one of the world’s leading producers of electronic ignition systems and control systems for combustion engines, including heavy- and medium-duty vehicle engines, natural gas engines and small engines.
Vinge's team consisted of Ulrich Ziche, Matthias Pannier, Andrea Ahlgren, Karl Klackenberg, Samra Baytar (all M&A), Åsa Gotthardsson (Employment), Linn Gustavsson (Compliance), Adam Weissbach (IP), Matilda Gustafsson (Real Property), Louise Brorsson Salomon and Ludvig Wettergren (Bank&Finance).
On 26 May 2016, the founders of Frédérique Constant brand entered into an agreement with Citizen Watch Group to sell the Frédérique Constant Group.
On 30 May 2016, King & Wood Mallesons (“KWM”) acted as the PRC legal counsel for Bank of China (Hong Kong) Limited (“BOCHK”), advising on its disposal of 100% shares of Nanyang Commercial Bank, Limited (“NCB”) for the consideration of HK$68 billion and successfully closed the deal. The transaction marks the first overseas bank’s sale of all its issued shares held by a state-owned financial institution (a HK-registered company) on the domestic equity transaction platform through public listing.
Munich, May 31, 2016 – The international law firm Milbank, Tweed, Hadley & McCloy LLP advises the owner controlled by Advent International and Kreke Family on the sale of the leading designer womenswear retailer AppelrathCüpper to the international private equity firm OpCapita. OpCapita acquires AppelrathCüpper through its fund Fond OpCapita Consumer Opportunities Fund LP.
The agreement is still subject to clearance by the German and Austrian antitrust authorities. The transaction value is confidential.