BPCE has announced that it has entered into exclusive negotiations with Auchan Holding with a view to acquiring a 50.1% interest in Oney Bank SA. The proposed transaction would provide a means for BPCE to initiate its European development in the retail-focused digital banking and consumer finance fields under the Oney brand, and for Oney Bank to accelerate its development, by leveraging BPCE’s expertise, particularly in the payments area.

Leading commercial law firm Hill Dickinson has acted for the shareholders of Capital Step Holdings Limited and Capital Step Investments Limited (together 'Capital Step') on the sale of the entire issued share capital of Capital Step to AIM listed Duke Royalty Limited ('Duke Royalty').

Duke Royalty, a provider of alternative capital solutions to a diversified range of profitable and long-established businesses in Europe and abroad, has acquired its only known UK-based diversified royalty competitor.

Mayer Brown advised Dipl.-Ing. Joachim Schuster on the sale of SAE IT-systems GmbH & Co. KG ("SAE KG") in the course of a structured bidding process.

The buyer is an acquisition vehicle of the listed company Lacroix S.A., an international supplier of technological assets headquartered in Saint-Herblain, France. The transaction has already been completed. The parties have agreed not to disclose any economic conditions.

Frankfurt/Main – Frankfurt-based SME investor Halder has sold Germany’s leading bakery company for soft rolls, the Wback Group, to US food manufacturer C.H. Guenther & Son LLC, which is majority-owned by US investment company Pritzker Private Capital Partners. The parties agreed not to disclose financial details of the transaction.

Jones Day advised OMRON Corporation in the sale of an 80 percent interest in OMRON Nohgata to Advantech. OMRON Nohgata will now be known as "Advantech Technologies Japan."

For additional information about this matter, please contact: Stephen J. DeCosse, Yuichiro Mori

Client(s): Omron Corporation
Practice(s): M&A, Technology
Office(s): Tokyo, Taipei