Slaughter and May advised Impello Limited, the parent entity of the First Utility group, on its sale to The Shell Petroleum Company Limited.  The First Utility group is a leading independent UK household energy and broadband providers, and is one of the largest rivals to the “big six” energy suppliers.

The sale completed on 28 February 2018 and marks Shell’s entry into the market for direct sales of electricity and gas to UK households.

Contacts

Allen & Overy advised Marlin Equity Partners (Marlin) on the acquisition for an undisclosed amount of Talkwalker, a leading social media analytics group based in Luxembourg (with offices in New York City, San Francisco and Frankfurt).

Talkwalker provides monitoring and listening tools helping customers to find trends and critical insights derived from social data and media. Marlin shall further invest in Talkwalker with a view to grow and further scale up the activities of Talkwalker in other countries (including in Asia). 

The A&O team

Travers Smith LLP has acted for Stifel Nicolaus Europe Limited ("Stifel") in its capacity as sole bookrunner and financial adviser on a placing, open offer and offer for subscription of £94 million of Ordinary Shares in Target Healthcare REIT Limited ("Target") (the "Share Issue").

Target is a specialist care home investor listed on the Main Market of the London Stock Exchange, with a current market capitalisation of £366 million.

The Ordinary Shares issued pursuant to the Share Issue were admitted to trading on the Main Market on 27 February 2018.

Simpson Thacher represented J.P. Morgan Chase Bank, N.A., as lead arranger, and J.P. Morgan Europe Limited, as facility agent, in connection with the refinancing of the $3.3 billion term loan under Formula One Group’s senior secured credit facilities.

Formula One Group is a group of companies responsible for the promotion of the Formula One World Championship, the highest class of single-seat auto racing that is sanctioned by the Fédération Internationale de l’Automobile (FIA).

A team led by Dr. Thorsten Kuthe and Dr. Markus Rabe, Partners at the Cologne and Munich offices of the law firm of Heuking Kühn Lüer Wojtek, advised credX on establishing a digital marketplace for debt capital. At its start, Deutsche Telekom issued a borrower's note loan with a volume of EUR 50 million and a ten-year term to insurance companies of AXA Group.

DLA Piper has advised Shanghai-based conglomerate Fosun International Limited and its subsidiaries (Fosun), on the acquisition of a majority stake in French luxury couture house Jeanne Lanvin SAS (Lanvin). Founded in 1889, Lanvin is France’s oldest fashion house in continuous operation.

BEIJING, March 2, 2018: Morgan Lewis represented the special committee of the board of directors of ATA Inc., a leading provider of advanced testing technologies and testing-related services in China, in the sale of its wholly owned subsidiary ATA Online (Beijing) Education Technology Co., or ATA Online, to a group of investors that are led by ATA Chairman and Chief Executive Officer Kevin Xiaofeng Ma and include entities affiliated with funds managed by CDH Investments, a major Chinese alternative asset management firm based in Beijing, as well as companies controlled by certain management

Mayer Brown JSM advised The Bank of New York Mellon (BNY Mellon) in connection with the restructuring of Mongolian Mining Corporation, which was named “Restructuring Deal of the Year” at the International Financial Law Review (IFLR) Asia Awards 2018.

Darrois Villey Maillot Brochier and Gide advise AccorHotels on the project to sell the majority of the share capital of AccorInvest. AccorHotels would initially sell 55% of AccorInvest to Sovereign Funds, namely the Public Investment Fund (PIF) and GIC, Institutional Investors, namely Credit Agricole Assurances, Colony NorthStar and Amundi, and other investors.

Ashurst advised funds managed by DPE Deutsche Private Equity Management III GmbH (DPE) on the financing of the acquisition of shares in Austrian VTU Anlagenplanung & Lieferung GmbH and German VTU Engineering Deutschland GmbH. The companies provide plant engineering services to companies in the pharmaceuticals, biotechnology, chemical, metallurgy and oil and gas industries. The parties agreed not to disclose the details of the transaction.