Slaughter and May has advised De La Rue plc (De La Rue or the Group) on its entry into a strategic agreement with Epiris Fund II (Epiris) in relation to the Group’s paper business (to be named Portals De La Rue Limited (Portals De La Rue)).  Under the terms of the agreement, Epiris, together with the existing management of the paper business, will acquire a 90% shareholding in Portals De La Rue for cash consideration of c.

Watson Farley & Williams (“WFW”) advised Cartus Corporation (“Cartus”) on the disposal of its stake in Learnship Networks GmbH (“Learnship”) to THI Investments GmbH (“THI”).

An industry leader in the field of corporate relocation programmes and services for more than 60 years, Cartus has previously helped fund Learnship’s expansion by providing equity and convertible loan financing across several venture capital financing rounds. Cartus is also one of Learnship’s key customers.

Inflexion Private Equity Partners acquires Calco Group, a leading Dutch provider of outsourced IT recruitment and training services to large blue-chip corporates, specifically focused on the provision of junior professionals mainly to the finance and insurance sectors with customers including the main banks and the top insurance companies in the Netherlands. Calco Group, founded in 2004, has developed a MasterClass programme where new joiners are intensively trained over two months, tailored to customer specifications, and then placed at customer sites under contract.

Watson Farley & Williams (“WFW”) advised Cartus Corporation (“Cartus”) on the disposal of its stake in Learnship Networks GmbH (“Learnship”) to THI Investments GmbH (“THI”).

An industry leader in the field of corporate relocation programmes and services for more than 60 years, Cartus has previously helped fund Learnship’s expansion by providing equity and convertible loan financing across several venture capital financing rounds. Cartus is also one of Learnship’s key customers.

Slaughter and May has advised De La Rue plc (De La Rue or the Group) on its entry into a strategic agreement with Epiris Fund II (Epiris) in relation to the Group’s paper business (to be named Portals De La Rue Limited (Portals De La Rue)).  Under the terms of the agreement, Epiris, together with the existing management of the paper business, will acquire a 90% shareholding in Portals De La Rue for cash consideration of c.

Davis Polk advised Millicom International Cellular S.A. on the sale to subsidiaries of Bharti Airtel Limited of its business in Rwanda, which is operated under the brand “Tigo.”

Millicom is a telecom and media company dedicated to emerging markets in Latin America and Africa, providing mobile services to more than 57 million customers. Airtel, headquartered in India, is a global telecommunications company with operations in 17 countries across Asia and Africa, ranking amongst the top 3 mobile service providers globally in terms of subscribers.

De Brauw has advised Parkmobile in the sale of their interest to co-shareholder BMW Group.

Client name
Walvis Group.

Other parties involved
BMW Group, Parkmobile International, BCD, Bluefield Investments, Fontinalis Partners, Urban Mobility.

Nature of transaction

Inflexion Private Equity Partners acquires Calco Group, a leading Dutch provider of outsourced IT recruitment and training services to large blue-chip corporates, specifically focused on the provision of junior professionals mainly to the finance and insurance sectors with customers including the main banks and the top insurance companies in the Netherlands. Calco Group, founded in 2004, has developed a MasterClass programme where new joiners are intensively trained over two months, tailored to customer specifications, and then placed at customer sites under contract.

International legal practice Osborne Clarke has advised Calco Group, a leading Dutch provider of outsourced IT recruitment and training services to large blue-chip corporates, on its sale to Inflexion Private Equity Partners.

Calco Group specifically focuses on the provision of junior professionals mainly to the finance and insurance sectors with customers including the main banks and the top insurance companies in the Netherlands.

Slaughter and May is advising Wing Tai Properties Limited (Wing Tai Properties) on the sale of the entire issued share capital of Allied Effort Limited (Allied Effort), an investment holding company that indirectly holds the “W Square” property in Wanchai, Hong Kong.  On 2 February 2018, Wing Tai Properties announced that its wholly owned subsidiary had entered into a binding agreement with Top Sincerity Limited and Winland Group Limited in respect of the sale for a consideration of HK$2,848,800,000, subject to price adjustments.  The sale is a “major transaction