Resource

 

 

 

 

 

 

 

 

 

 

 

M&A

Eversheds represented Eera in corporate transaction

27 Apr 2017

Eera, a company specialising in corporate growth strategies, and the financial service provider Wallstreet have decided to merge. Eversheds advised Eera’s shareholders in a corporate transaction in which all of the shares of Eera Oy and Eera Industrial Development Oy were sold to Wallstreet Financial Services Oy through a share exchange. The transaction creates a new ecosystem combining investment services, development and financing of fast-growing enterprises and strategic management consulting. Eera will continue to use its own name after the merger.

Bär & Karrer Advises EQT and Kuoni Group on the Combination of Kuoni's GTA Business with Hotelbeds Group

21 Apr 2017

Kuoni Travel Holding Ltd, owned by EQT VII, a fund of the private equity group EQT, and the Kuoni and Hugentobler Foundation, has entered into a binding agreement on the sale of its GTD business division (GTA) to Hotelbeds Group, owned by a consortium led by Cinven und Canada Pension Plan Investment Board (CPPIB). The shareholders of Kuoni Group will roll-over a large portion of their participation in GTA into the combined Hotelbeds/GTA business and upon completion, will hold a substantial minority stake in the combined Hotelbeds/GTA business.

Ant Financial and MoneyGram Enter Into $1.2 Billion Amended Merger Agreement

19 Apr 2017

Simpson Thacher is representing Ant Financial Services Group in connection with its agreement to raise its offer price for MoneyGram International Inc. (NASDAQ: MGI) to $18 per share in cash, thereby topping a competing offer from MoneyGram's competitor Euronet. The revised transaction is valued at approximately $1.204 billion for MoneyGram's outstanding equity. The transaction is subject to the approval of MoneyGram stockholders at a special meeting scheduled for May 16, obtaining remaining regulatory approvals and other customary closing conditions.

TOM TAILOR Holding AG: Heuking Kühn Lüer Wojtek advises on SE transformation

19 Apr 2017

TOM TAILOR Holding AG was transformed from a national stock corporation to a European company (Societas Europea) by merging with its Austrian subsidiary, TOM TAILOR Wien AG. A team led by Dr. Michael Sörgel advised TOM TAILOR comprehensively on all aspects of corporate and employment law upon the transformation into an SE. The move had been decided at the annual general meeting of the publicly listed fashion company in June 2015 and is now documented in the Commercial Register.
 

Homburger advised Wolseley plc in connection with the combination of Tobler Haustechnik AG and Walter Meier AG

18 Apr 2017

On April 6, 2017, the two leading Swiss building technology companies, Tobler Haustechnik AG and Walter Meier AG, completed their combination to create a leading building technology company for Switzerland with a wide range for the wholesale of products, components and accessories and covering heating and cooling systems as well as the service business.

Austria: Schoenherr advises RBI on merger with RZB - one of the largest corporate reorganisations in the Austrian banking sector

24 Mar 2017

Schoenherr has advised Austrian Raiffeisen Bank International AG ("RBI") on the merger with Raiffeisen Zentralbank Osterreich AG ("RZB"). The merger represents one of the largest corporate reorganisations in the Austrian banking sector to date, which sees unlisted RZB being merged into listed Central and European banking specialist RBI. Subsequent to the merger, the Raiffeisen Landesbanken (the former majority shareholders of RZB) will hold together 58.8 % of RBI and the rest will be free float.

Vodafone – merger of Vodafone India with Idea Cellular

22 Mar 2017

Slaughter and May is advising Vodafone on the proposed merger of its subsidiary Vodafone India (excluding its 42% stake in Indus Towers) with Idea Cellular, to create India’s largest telecom operator with the country’s widest mobile network.

Idea Cellular is listed on the Indian Stock Exchanges. Following completion of the transaction, Vodafone will own 45.1% and the Aditya Birla Group will own 26.0% of the combined company. Vodafone and Aditya Birla will have joint control of the combined company under a shareholders’ agreement.

Atradius Credit Insurance - Cross-border merger between Atradius Credit Insurance and Atradius Crédito y Caución S.A. de Seguros y Reaseguros

21 Mar 2017

We advised Atradius Credit Insurance N.V. in an intra-group reorganisation where the Dutch company Atradius Credit Insurance N.V. merged into the Spanish company Atradius Crédito y Caución S.A. de Seguros y Reaseguros through a cross-border merger.

DLA Piper advises on transformative merger of Pengana with Hunter Hall

15 Mar 2017

DLA Piper has advised existing clients Washington H. Soul Pattinson and Company Limited (ASX: SOL) (WHSP) and Pengana Holdings Pty Ltd (Pengana) on three transactions in the funds management sector, which will result in WHSP emerging as a major shareholder in the merged Pengana and Hunter Hall International Limited (ASX: HHL) (Hunter Hall) group.