Gowling WLG's Corporate team has advised on the management buy-out (MBO) of manufacturer bavius technologie gmbh (formerly Handtmann A-Punkt Automation GmbH), which has been acquired by the business' managing director Armin Walther in a deal that included the firm's foreign subsidiaries in the US, Russia and China.

As a result of the MBO, the business unit '5-axle HSC/HPC machining centres' was divested from the Handtmann Group. The completion of the foreign transactions is envisaged for the first quarter of 2018, and the transaction volume will remain confidential.

DLA Piper acted as legal counsel to Agilitas Private Equity-backed Relita Industri- & Skadeservice AB, the Swedish division of Recover Nordic Group, a provider of damage control, emergency response and environmental services, in its acquisition of Betongborrargruppen i Mälardalen AB (BBG), a company specialising in specialist demolition and remediation of concrete for real estate and construction projects in Sweden.

DLA Piper has advised Zeus Capital Limited as nominated advisor and broker to OnTheMarket plc, operator of the residential property portal of the same name, on its listing on AIM and associated placing of shares, which began trading on Friday 9 February. The placing raised £30 million, resulting in a market capitalisation of approximately £100 million for OnTheMarket plc.

Amundi Real Estate, Europe's largest asset investment manager, has sold 49 percent of shares in the Berlin office property Rocket Tower to Finnish pension fund Ilmarinen. International law firm Clifford Chance has again advised Amundi on this transaction.

The Berlin Rocket Tower complex comprises approximately 26,200 square metres of rental space, and its main user is the Internet eCommerce group Rocket Internet. Amundi had acquired

Ashurst advised Numis Securities as sponsor on Trinity Mirror’s acquisition of newspaper publishing group Northern & Shell for £127 million, one of the most significant UK newspaper mergers in decades.

Ashurst advised Warburg-HIH Invest Real Estate GmbH (Warburg-HIH Invest) on the acquisition of the Carré Göttingen shopping centre for a special fund it manages. Carré Göttingen was sold by Kilderkin S.a.r.l., Luxembourg, a special purpose vehicle of Resolution III Holding.

Gilbert + Tobin today announced it advised BPAY Group on the development and implementation of Australia’s first service on the New Payments Platform providing faster, 24/7 payments.

Osko by BPAY™, the first payment product of its kind, allows Australians to transfer funds between accounts faster than ever before, typically in less than a minute – even between customers of different financial institutions.

Reed Smith has advised Warehouse REIT plc in relation to its acquisition of a portfolio of 51 multi-let UK warehouse assets for £116 million from Industrial Multi-Property Trust, a subsidiary of Hansteen Holdings plc. The transaction was structured as a corporate acquisition of a group of Isle of Man companies which currently own the portfolio. Reed Smith handled the corporate and tax aspects of the transaction.

This transaction follows Warehouse REIT’s successful listing on AIM in September 2017 which the Reed Smith team also advised on.

Ropes & Gray acted as international counsel to Google on a six year abuse of dominance investigation conducted by the Competition Commission of India into the company, regarding search and advertising within India.

The Ropes & Gray team was led by competition partner Ruchit Patel, assisted by associate Charlotte Brunsdon, both based in London.

Weil advised KME AG, a globally active manufacturer of copper and copper alloy products, in the successful placement of a high-yield bond with a volume of €300 million and maturation in 2023. The proceeds from the offering are to be used to repay existing debt.