Herbert Smith Freehills has advised the merged Treasury Group Limited and Northern Lights Capital Group (the Pacific Current Group) on the sale of its interest in the infrastructure asset manager RARE Infrastructure Limited (RARE) to Baltimore, Maryland-based Legg Mason, Inc. (LM) for approximately A$200m in upfront cash, earn-out and retained equity consideration.
Charles Russell Speechlys has advised the shareholders of Option Computers Limited ("OCL") on the sale of the company to Markit for an undisclosed sum.
OCL is a leading provider of trade processing and trading services to the foreign exchange market through its flagship product, 'DealHub', which uses low latency, high throughput solutions to cover the complete trading lifecycle across all FX business functions.
Hungary - Dentons has advised GDF SUEZ in the sale of its 99.9% stake in its universal service gas trading company in Hungary, GDF SUEZ Energia Magyarorszag Zrt., to state-owned gas distributor Fogáz Zrt.
Delphi assisted Black Diamond on the sale of POC Sweden to Investcorp for $ 65 million.
POC is a major supplier of sporting and outdoor equipment and was founded in 2004 with headquartered in Sweden. POC's range includes products such as ski and bike helmets, body armor, sports goggles, gloves and other equipment and is currently sold in 27 countries worldwide.
Investcorp is a provider and manager of alternative investment products and is listed on the Bahrain Bourse.
Travers Smith LLP has advised UTV Media on the sale of its television business to ITV in a transaction valued at £100 million.
UTV Media is the leading commercial broadcaster in Northern Ireland. Its television business consists of UTV Northern Ireland and recently launched UTV Ireland. The company has operated since 1959 and broadcasts many of Northern Ireland's most watched programmes. UTV Media will retain its successful portfolio of radio stations, including Talksport, which are responsible for about 60% of UTV Media's revenue
DLA Piper advised TCG Pub Group on the Stonegate Pub Company's acquisition of the group.
The deal will see Stonegate add some of TCG's best-known sites to its portfolio, which include London landmarks such as the Tattershall Castle, a floating pub on the Thames, and the St James Tavern in Soho. The deal will increase Stonegate's estate to 665 pubs, including 37 new freeholds from the TCG estate.
Svenska Petroleum Exploration AB has divested its Norwegian subsidiary Svenska Petroleum Exploration AS to Det norske oljeselskap ASA, listed on the Oslo Stock Exchange, for a cash consideration of USD 75 million (on a cash and debt free basis).
Svenska Petroleum Exploration AS is an oil and gas company holding 13 licenses in the North Sea and four exploration licenses in the Norwegian Sea. The company has 15 employees.
Noerr has advised Deutsche Telekom and T-Systems on the sale of the subsidiary T-Systems DDM GmbH to regiocom. T-Systems DDM is a leading service provider for document-based printing and archiving processes in the field of information and communications technology (ICT).
Bird & Bird's London and Singapore Corporate teams have acted for AXIO Data Group on the sale of Medica Asia (Holdco) Limited to a Japanese purchase consortium comprising Mitsui and SMS.
The companies purchased the shares in Medica Asia - the holding company of the MIMS Group, which provides drug information to healthcare professionals in the Asia-Pacific region - for US$250m.
We advised the owners of HopLop Oy in the sale of the controlling interest of the company to funds managed by Intera Partners.
HopLop launched the entire indoor adventure park business in Finland in 2006, when the first park in the chain was opened in Vantaa. HopLop has become a favorite of families with children, and over the years has with 18 indoor parks become the leading chain in its business. Intera Partners further strengthens HopLop’s competitiveness and market share and will enable the construction of new adventure parks in the coming years.