Paul, Weiss is representing Xerox Corporation in its combination with Fuji Xerox, its longstanding joint venture with FUJIFILM Holdings Corporation. The combined company will be a global leader in innovative print technologies and intelligent work solutions, with annual revenues of $18 billion and leadership positions in key geographic regions.
Fried Frank acted as counsel to VIAVI Solutions Inc. (NASDAQ: VIAV) in its definitive agreement to acquire the Test and Measurement business of Cobham plc (LSE: COB) for US$455 million. This transaction will significantly strengthen VIAVI's competitive position in 5G deployment and diversify the company into military, public safety and avionics test markets. The acquisition has been approved by the Board of Directors of each company and is expected to close during the second half of VIAVI's fiscal year 2018, subject to customary closing conditions. VIAVI Solutions Inc.
Davis Polk advised Natura Cosméticos S.A. in connection with its $750 million offering of 5.375% senior notes due 2023, which were issued pursuant to Rule 144A and Regulation S under the Securities Act.
Founded in 1969, Natura is a Brazilian multinational cosmetics manufacturer, recognized for its commitment to sustainable development, and a leader in the direct sales sector in Brazil. Natura is also the parent company of The Body Shop, an iconic British brand focusing on innovative, nature-inspired products, and of Aesop, an Australian luxury cosmetics brand.
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.
Global law firm Norton Rose Fulbright has advised the Chinese Lei Shing Hong Group, the world’s largest dealer for Mercedes Benz cars, on the takeover of Autohaus Sternagel GmbH and Autohaus Sternagel Ludwigsfelde GmbH. The takeover includes three operational properties by its German subsidiaries. A total of four locations is affected by the takeover: two car dealers in Potsdam, one car dealer in Nauen and one service location in Ludigsfelde. The execution of the acquisition is still subject to the approval by the German Federal Cartel Office.
Eyeonid Group AB (publ), listed on NGM Nordic MTF, providing proactive identity theft protection services on the Internet, has on 30 January 2018 entered into a financing agreement of up to SEK 100 million.
The transaction is made by issue of convertible notes with free detachable warrants to the investor, European Select Growth Opportunities Fund, and to existing shareholders. The financing will secure the company’s continued international expansion.
Shearman & Sterling advised a consortium of banks led by Landesbank Baden-Württemberg and Bayerische Landesbank on a financing transaction for Hirschvogel Automotive Group. The credit facility has a volume of €400 million.
Greenberg Traurig Germany advised GUSTAV RRZ N-3 GmbH & Co. KG, a joint venture of several investors, on the sale of the Rhein-Ruhr Zentrum (RRZ) in Mülheim an der Ruhr, Germany. The property was sold by way of a combined share and asset deal. The parties have agreed to keep the purchase price confidential.
The RRZ comprises approximately 75,000 square meters of retail space and houses around 200 retail units as well as a large food court, a CinemaxX cinema, a bowling and entertainment center, a casino and the indoor playground "Euro Eddy's Kinderwelt".
Baker McKenzie has advised SAP, the German software giant which specializes in software and services for businesses, in the context of its acquisition of the start-up Recast.ai.
This transaction will allow SAP to complete its machine learning service offering and is part of the €2 billion investment plan to promote innovation in France which was launched by the software publisher in January 2018.
Baker McKenzie has advised Eurazeo Croissance in the framework of series B fundraising for ContentSquare, led by the American investment fund Canaan, seeking primary and secondary funding from certain existing shareholders.