Delphi has been legal advisor to TeamSportia AB in connection with the Finnish SGN Group Oy signed on as the new main owner. After a directed share issue SGN Group now owns about 67 percent of the shares in the company.
Delphi's team was led by Marcus Nivinger, partner, mainly supported by Olof Reinholdsson, senior associate. Paula Hogéus, partner, was responsible for providing labor advice.
Shareholders in BANCA ARNER SA, Lugano (Arner) and IXE Capital AG, Zurich (IXE) have entered into a share purchase agreement pursuant to which IXE purchases all remaining registered shares (equal to 90.2%) in Arner. IXE already holds 9.8% in Arner. The consummation of the share purchase agreement is planned to occur in 2015 upon receipt of the necessary regulatory approvals.
Delphi has been legal advisor to Image Systems AB (publ), listed on Nasdaq OMX Stockholm, on its sale of the business area Digital Vision to 54 E Street Limited.
Delphi's team was led by Marcus Nivinger, partner, mainly supported by Fredrik Mörner, senior associate and Erica Svennar, associate. Paula Hogéus, partner, was responsible for providing labor advice.
Simmons & Simmons has advised IC Green Energy Ltd on the sale of its majority stake in German biodiesel company PETROTEC AG.
Borken, Germany based PETROTEC AG is a producer of biodiesel. The company is listed in the Prime Standard of the Frankfurt Stock Exchange. PETROTEC has been a pioneer of the German biodiesel industry and today is one of the largest disposal companies for old cooking fat in Germany.
EVRY (OSE ticker: EVRY) has announced the entering into of a transaction agreement relating to a recommended public cash offer to be made by funds advised by Apax to acquire 100% of the shares of EVRY. The offer values the share capital of EVRY to approx. NOK 4.27 billion.
The offer is the result of a structured process to explore various strategic opportunities initiated by the EVRY Board and announced in a stock exchange release on 27 August 2014. Schjødt has acted as legal advisor to EVRY and its Board in the process and in connection with the offer.
Mayer Brown has advised WaveCrest Group Enterprises Limited on the sale of WaveCrest UK Limited to New Call Telecom, a UK-based Internet service provider.
Founded in 2001, WaveCrest UK Limited is one of Europe's leading wholesale voice business, providing high-quality, low-cost international calling solutions to retail brand owners, other operators and end users over its state-of-the-art IP network.
Mayer Brown has acted for the WaveCrest Group since 2006, following their purchase of WaveCrest UK Limited from Interoute Communications Limited.
Clifford Chance has advised Petrotec AG in connection with a takeover offer announced by REG European Holdings B.V. REG announced a voluntary takeover offer to the Petrotec shareholders on 9 December 2014 and the purchase of a 69% share package from the previous majority shareholder, IC Green Energy Ltd., Tel Aviv, Israel. REG European Holdings B.V. is a wholly-owned indirect subsidiary of Renewable Energy Group, Inc., Iowa, USA.
Swiss passenger and cargo air carrier Farnair Group has been sold to ASL Aviation Group after the required regulatory approvals had been obtained. The Farnair Group operates a fleet of 20 cargo and passenger aircraft and provides a wide range of aviation services across the world. The transaction brings together a total of seven affiliated airlines, a fleet of 80 aircraft and approx. 1,500 employees under the Dublin based ASL Aviation Group.
De Brauw Blackstone Westbroek advised Lux Media, a portfolio company of private equity firm Egeria, on reaching an agreement with Mediahuis Nederland on the sale of its 100% stake in NRC Media Holding and its subsidiaries NRC Media and NRC Lux.
The sale is subject to compliance with the Dutch Works Councils Act, merger clearance and other conditions. NRC Media is a publisher of the Dutch newspapers NRC Handelsblad and nrc.next, and NRC Lux sells products and services via webshops.
De Brauw acted as counsel to Lux Media and Klaas de Vries was lead partner.
Gide has advised group OMEA Telecom on the completion, following approval from the French Competition Authority, of the transfer of all shares in OMER Telecom Ltd to Numericable, as announced in May this year.
Legal counsel to OMEA Telecom
Gide: Christian Nouel (Tax partner) and Nadège Nguyen (M&A partner)
Herbert Smith Freehills: Hubert Sagain (M&A partner) and Christopher Theris (M&A counsel).
Legal counsel to Numericable