Eversheds has advised the Independent Directors of Waterlogic Plc on the proposed £122.6 million takeover by Poseidon Bidco Limited.
Waterlogic is a leading, vertically integrated designer, assembler, distributor and provider of point of use drinking water purification and dispensing systems and associated services, which is quoted on AIM.
Freshfields Bruckhaus Deringer has advised Warburg Pincus and Clondalkin Group on the sale of Clondalkin’s Specialist Packaging Division to Essentra plc.
Clondalkin SPD is a leading global provider of a broad suite of speciality secondary packaging solutions for the pharmaceutical and health & personal care industries.
Mondelez International’s recent acquisition of an 80% stake in the snack business of Vietnam’s Kinh Do Corporation for approximately USD370 million, is reported to be one of the largest cross-border M&A transactions to date in Vietnam and the largest ever in the Vietnamese FMCG sector.
Allen & Overy is advising Kinh Do in this landmark transaction as the global snacks company seeks to expand its presence in the fast-growing Asian market.
Simmons & Simmons is advising J.P. Morgan Cazenove and Liberum Capital in connection with the proposed acquisition by Connect Group PLC (‘Connect Group’), a leading specialist distributor operating in three divisions (News & Media, Books and Education & Care) of Tuffnells Parcels Express, a leading provider of next-day B2B delivery of mixed freight / parcel consignments specialising in items of irregular dimension and weight, announced earlier today.
Clifford Chance has advised Asia Outsourcing Gamma Limited on the sale of Asia Outsourcing US Inc., the US healthcare business of SPi Global, a Philippines-headquartered Business Process Outsourcing (BPO) business, to Conifer Holdings Inc. for approximately US$235 million. Asia Outsourcing Gamma Limited is a company indirectly controlled by funds advised by CVC Capital Partners, one of the world’s leading private equity and investment advisory firms, and in which Philippine Long Distance Telephone Company holds a minority interest. Asia Outsourcing US Inc.
Roschier represents Altor Fund III and its portfolio company Apotek Hjärtat Holding AB in relation to the exit process entailing an Initial Public Offering and listing of shares in Apotek Hjärtat on NASDAQ Stockholm or a sale of Apotek Hjärtat to a private buyer. The exit process resulted in a sale of Apotek Hjärtat to ICA Gruppen AB at a price of SEK 5.7 billion on a debt free basis. Prior to the sale, Apotek Hjärtat had been approved for listing by the listing committee of NASDAQ Stockholm.
Eversheds has advised NHP on its acquisition by US private equity firm Formation Capital, global investment firm Safanad and healthcare turnaround specialist Court Cavendish.
Göteborg Energi and DONG Energy have agreed to divest FordonsGas Sverige AB to French Air Liquide. The sale is part of Göteborg Energi and DONG Energy’s respective decisions to focus on their core businesses. The transaction is expected to be completed in December 2014.
Bristol-Myers Squibb Company and Galecto Biotech AB have announced that the companies, together with the Galecto Biotech shareholders, have entered into an agreement that provides Bristol-Myers Squibb the exclusive option to acquire Galecto Biotech AB and gain worldwide rights to its lead asset TD139, a novel inhaled inhibitor of galectin-3 in Phase 1 development for the treatment of idiopathic pulmonary fibrosis (IPF) and other pulmonary fibrotic condition.
Roschier represented funds managed by CapMan in the sale of their holding in Profit Software Oy to Via Venture Partners, Finnish Industry Investment Ltd and the company’s management team.
Profit Software is a leading domestic provider of IT solutions to the insurance sector. The company has operations in six countries and its headquarters are located in Espoo. Profit Software is a market leader in Finland and the Baltic countries employing over 90 people.