Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Indonesian conglomerate PT Astra International Tbk (‘Astra International’) on the acquisition of a US$150m stake in Indonesian technology platform GO-JEK Group (’GO-JEK’). The deal signed on 12 February 2018.
Herbert Smith Freehills is advising Woodside Petroleum Ltd. (Woodside) on its A$2.5 billion fully underwritten 1 for 9 renounceable pro-rata entitlement offer (with retail rights trading) announced to ASX on 14 February 2018.
The proceeds from the equity raising will be used by Woodside to fund the acquisition of up to an additional 50% interest in the Scarborough gas field and for general corporate purposes, including funding support for the Scarborough and SNE Phase 1 developments and to progress development of Browse to targeted final investment decision.
King & Wood Mallesons (KWM) advised the German investment firm Aurelius Group on the acquisition of Abelan Board Industrial S.L from PHI Industrial. The deal represents Aurelius third acquisition in the European packaging sector since 2015 and will further strengthen the Group’s operations in this market.
German Cabrera, partner at KWM in Madrid, has led the advice to Aurelius Group. The legal team is completed with partner Joaquín Sales and associates María Redondo and Gonzalo Fernández.
Slaughter and May advised SB Investment Advisers (UK) Limited (SBIA), an investment adviser to SoftBank Vision Fund, on SoftBank Vision Fund’s investment in two technology companies in the Ping An group - Ping An Healthcare and Technology Company Limited (Ping An Good Doctor) and Ping An Medical and Healthcare Management Co., Ltd. (Ping An Healthcare Technology).
Travers Smith LLP has advised TruFin plc, the FinTech and banking business, on its £185 million IPO and admission to AIM.
TruFin plc successfully conducted a conditional placing and subscription of Ordinary Shares to raise gross proceeds of approximately £70 million.
Heuking Kühn Lüer Wojtek comprehensively advised DATAGROUP SE on the acquisition of all shares in Reutlingen-based almato GmbH and accompanied the transaction.
Almato GmbH, founded in 2002, specializes in optimizing standard business processes and is one of the pioneers in the field of full and partial automation.
DATAGROUP SE, headquartered in Pliezhausen, is a leading German IT service company with more than 1,900 employees.
CEWE Stiftung & Co. KGaA, Oldenburg, acquired approx. 80% of the shares of Stardust Media And Communication S.A.S., Paris, from its founders and financial investors and secured the acquisition of the remaining approx. 20% of the shares by way of options.
With its brand “Cheerz”, primarily targeted at smartphone users, the company is very successful in France, Spain and Italy and is growing dynamically.
Jeantet advised CEWE comprehensively with the following team:
– Karl Hepp de Sevelinges (Partner, Lead M&A, Paris)
DLA Piper represented ASB Capital Management LLC in the sale of Infomart Data Centers' Dallas operations to Equinix, Inc. for US$800 million. The acquired assets include the Infomart Dallas building, the iconic carrier hotel that serves as the primary interconnection hub for networks in the Southern United States.
The transaction is expected to close during the first half of 2018.
Schulte advised Sustainable Growth Advisers (SGA), an employee-owned investment manager, in its sale of a majority stake to Virtus Investment Partners Inc., which operates as a multi-manager asset management business. SGA has $11.6 billion in assets under management in U.S. and international growth equity strategies. The transaction, in which Virtus will purchase interest held by private equity firm Estancia Capital Management and by SGA's partners, will expand Virtus' investment offerings and diversify and expand its clients base.
Schulte represented Veritas Capital and its affiliates in their acquisition of the U.S. public sector business of PricewaterhouseCoopers LLP. PwC’s U.S. public sector business helps governments — federal, state and local — and multilateral agencies solve complex business problems, improve processes and manage risk through its capabilities in financial management, strategy development, program management, operational effectiveness and organization design.