International law firm Simmons & Simmons has advised the Fletcher foundation and its holders of depositary receipts, including founder Chris Luken, on the sale of the Fletcher hotel chain in a management buy-out.

The buy-out was led by CEO Rob Hermans and CFO Edwin van Heteren, together with their equity partners NIBC Mezzanine & Equity Partners and the Luxembourg-based Xead Group. The transaction comprises the portfolio of hotels and accompanying real estate.

Slaughter and May, Hong Kong, is advising China International Capital Corporation as financial adviser (through China International Capital Corporation Hong Kong Securities Limited) to the joint offerors and as lender (through CICC Hong Kong Finance (Cayman) Limited) under a certain funds facility, in relation to the privatisation of Dalian Wanda Commercial Properties Co., Ltd. (the Offeree). The privatisation is structured as a voluntary conditional general offer for the Offeree’s Hong Kong listed H Shares. The offer was announced on 30 May 2016.

A team of Hogan Lovells lawyers led by corporate partner, Derek Meilman, has advised Metsanco Limited (Metsanco) and its affiliates in the sale of Olo Del Peru S.A.C. (Olo) and TVS Wireless S.A.C. (TVS), two telecommunications operators in Peru, to América Móvil Perú S.A.C., a subsidiary of América Móvil, S.A.B. de C.V. (América Móvil).

Law firm Stephenson Harwood (Singapore) Alliance advised on the transaction awarded 'M&A Mid-Size Deal of the Year 2016' by Asian Legal Business. In the award winning deal, the firm advised Digicel Group in connection with the sale of Myanmar Tower Company.

Ebay, through its subsidiary, StubHub, has acquired Ticketbis, a Spanish company whose business activity is intermediation in ticket selling between private parties.

Cuatrecasas advised Ticketbis on this transaction, led by our Corporate Group. Francisco J. Martínez Maroto headed the legal team.

Charles Russell Speechlys’ private equity team has advised Bestport Ventures LLP and Paul Cosgrave on the sale of Vega Technologies Limited, the parent company of Dot Net Solutions, to New Signature, a US based IT services business backed by Columbia Capital.

Travers Smith LLP has advised Phoenix Equity Partners ("Phoenix") and certain other selling shareholders on the sale of Edif Group Limited ("Edif") to RINA S.p.A.

Simpson Thacher advised Kohlberg Kravis Roberts & Co. L.P. in connection with its sale of Finedining Topco GmbH, the holding entity for the WMF Group, a German tableware manufacturer, to Groupe SEB SA. The transaction is subject to customary antitrust approvals and is expected to complete in the third quarter of 2016.

The Simpson Thacher team includes Alvaro Membrillera and Anna Pollak (Corporate); David Rubinsky and Joo Hyun Lee (Executive Compensation & Employee Benefits).

Fieldfisher has advised longstanding client Access Intelligence plc on its disposal of Due North Limited to Proactis Holdings Limited in a cash deal worth £4,500,000. Due North Limited provides a cloud hosted procurement platform to clients throughout the UK, predominantly in the public sector. Due North's platform processes an annual procurement spend of approximately £100 billion.

DLA Piper has advised Globe Tools Group, a leading manufacturer of cordless and corded electric power tools, on the sale of a minority stake to German-based STIHL Group. The two parties have agreed not to disclose the value of the transaction. Completion is subject to approvals from antitrust and other authorities in several countries.