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
Sydney: Leading international law firm Clifford Chance has advised the shareholders of Australian corporate catering service provider Order-In on its sale to buyers controlled by global venture capital entity Rocket Internet.
Rocket Internet, listed on the Frankfurt Stock Exchange, invests in proven internet companies, such as Delivery Hero, Hello Fresh and the Global Online Takeaway Group. Order-In was launched in 2000 and manages hospitality services for more than 2000 customers, including Commonwealth Bank, QBE and Lendlease.
Hogan Lovells has advised Aimia Inc, the data-driven marketing and loyalty analytics company on the sale of the UK's Nectar loyalty programme to J Sainsbury plc for a gross consideration of approximately £60m.
Global law firm Ropes & Gray has advised the founders of Thomas International, a leading international provider of psychometric assessment solutions, on the sale of a majority stake in the company to Palamon Capital Partners, a pan-European growth investor. The terms of the transaction were not disclosed.
Hogan Lovells has advised Aimia Inc, the data-driven marketing and loyalty analytics company on the sale of the UK's Nectar loyalty programme to J Sainsbury plc for a gross consideration of approximately £60m.
Sydney: Clifford Chance has advised the shareholders of Australian corporate catering service provider Order-In on its sale to buyers controlled by global venture capital entity Rocket Internet.
Rocket Internet, listed on the Frankfurt Stock Exchange, invests in proven internet companies, such as Delivery Hero, Hello Fresh and the Global Online Takeaway Group. Order-In was launched in 2000 and manages hospitality services for more than 2000 customers, including Commonwealth Bank, QBE and Lendlease.
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
A team at Bevan Brittan led by Richard Hiscoke, has advised on the sale of the business of Buckinghamshire's rural broadband provider, Aylesbury Vale Broadband (AVB), to Gigaclear, the leading provider of full fibre broadband in rural locations. The deal will enable Gigaclear to serve the seven villages connected through AVB, as well as expand its existing ultrafast fibre-to-the-premises (FTTP) network further across Aylesbury Vale.
Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Prudential Holdings Limited (‘Prudential’), a subsidiary of Prudential plc, on its US$151m auction sale of 100 per cent of Prudential Vietnam Finance Company Limited (‘Prudential Vietnam Finance’), a Vietnam-based consumer finance business, for US$151m. The purchaser is Shinhan Card Co. Ltd., a subsidiary of the Shinhan Financial Group (a leading Korean financial institution), and the sale is subject to regulatory approvals.
Baker McKenzie has acted for privately-owned Australian probiotic market leader Life-Space Group owners having entered into a binding agreement for the sale of 100% of its shares to China-based BY-HEALTH Group (BY-HEALTH).
The transaction is subject to customary shareholder and regulatory approvals and implies an enterprise value for Life-Space Group of up to AUD $690 million.