Resource

 

 

 

 

 

 

 

 

 

 

 

M&A: Seller's Counsel

DLA Piper represents Deep Forest Media in acquisition by Rakuten

25 Mar 2015

DLA Piper represented Deep Forest Media, an automated ad-buying platform, in its sale to Rakuten Marketing, the digital marketing division of e-commerce company Rakuten Inc.

The acquisition creates a leading mobile advertising platform through the combination of Deep Forest Media’s cross-device algorithm and Rakuten Inc.’s consumer data.

The Northern California-based DLA Piper team representing Deep Forest Media was led by corporate partner Bradley Gersich and included partner James Telfer, counsel Debra Vernon, and associate Jennifer Lee.

Linklaters advises GLS on the sale of DPD Systemlogistik to DPD GeoPost (Deutschland)

24 Mar 2015

Linklaters advised General Logistics Systems Germany GmbH & Co. OHG (GLS Germany) on the sale of DPD Systemlogistik GmbH & Co. KG (DPD SL) to DPD GeoPost (Deutschland) GmbH. DPD SL is a franchisee in the DPD System. The purchase agreement has already been signed. The parties agreed not to disclose the purchase price. The execution of the transaction is still subject to clearance by the Federal Cartel Office (Bundeskartellamt – BKartA).

Linklaters advises Triton on sale of Compo Expert to XIO Group

24 Mar 2015

Linklaters advised the private equity investment firm Triton on the sale of Expert, Compo's professional business unit and a leading manufacturer of branded goods for home and garden as well as speciality fertilizers for commercial use. The buyer was XIO Group, a global alternative investment firm with offices in London, Shanghai and Hong Kong.

HDY instrumental in strategic acquistion

23 Mar 2015

Henry Davis York has acted for the Sydney Ultrasound for Women partnership (SUFW) during its acquisition by Monash IVF Group.

Under the terms of the agreement, Monash IVF Group will acquire 100% of SUFW for a total consideration of $30.1 million. Monash IVF Group will provide a $24.1 million cash payment as part of the acquisition terms.  The remaining $6 million will be issued in the form of fully paid ordinary shares to an aggregate of 53.3% which will be escrowed until the release of Monash IVF Group’s FY16 results.

Osborne Clarke advises Amorelie on the takeover by ProSiebenSat.1 Commerce

23 Mar 2015

Osborne Clarke has advised Sonoma Internet GmbH (Amorelie) on the takeover by ProSiebenSat.1 Commerce GmbH. Sonoma operates the online shop Amorelie with its seat in Berlin. The e-commerce startup provides erotic lifestyle products. ProSiebenSat.1 has already joined the company in 2014, however the media group now wants to increase its shares and plans to take over the online shop.

ProSiebenSat.1 Commerce wants to increase its stake of 23 per cent to 75 per cent. The transaction is subject to approval from the German Federal Cartel Office.

Vinge Advises Fortum with sale of Fortum Distribution

23 Mar 2015

Fortum and a consortium consisting of the First Swedish National Pension Fund (12.5%), the Third Swedish National Pension Fund (20%) and Folksam (17.5%) as well as the international infrastructure investment company, Borealis Infrastructure Management Inc. (50%) signed a purchase agreement in respect of Fortum Distribution AB, a company which constitutes Fortum’s electricity network operation in Sweden.

Allens acts on transformative agribusiness deal

20 Mar 2015

Allens has advised agribusiness company Australian Food & Fibre Limited on the sale of its entire interest in Australian cotton operation Bengerang to ASX-listed Webster Limited.

The transaction, which attributes an equity value of $124 million to Bengerang, was announced concurrently with a takeover by Webster Limited to acquire Tandou Limited. Upon completion of the Bengerang transaction and assuming 100 per cent of the shares in Tandou Limited are acquired, Webster will have a net asset value of approximately $540 million.