A Bryan Cave M&A team led by Partner Michael Leue and Counsel Hubertus Schröder advised Weiderer Holding GmbH, headquartered in Deggendorf, Germany, in the sale of its HR service activities to TimePartner-Gruppe, a leading German HR service provider. The sale included all of the Weiderer Group’s shares in Aartos Personalservice, Weiderer Personaldienste and opTEAMum Personaldienstleistungen. The parties agreed to keep the sales price confidential. The German Federal Cartel Office has approved of the transaction.

Leading dedicated private equity and venture capital investor in the Baltics engages in the biogas business

Eversheds Sutherland Bitans team provided legal assistance to Baltcap Infrastructure Fund in the investment of 9,45 million euros in Latvian biogas business.

The fund obtained 75% stake in a joint-venture holding company, and the holding subsequently purchased three biogas companies, which own biogas plants working with the total power of 4,9 MW and two agricultural companies, providing the biogas plants with the necessary raw material.

Skadden is advising Validus Holdings, Ltd. on its $5.6 billion acquisition by American International Group, Inc.

Slaughter and May and BonelliErede, working as an integrated team, are advising Compagnie Financière Richemont S.A. (Richemont) on a proposed voluntary public tender offer (to be made by a newly formed wholly-owned Italian subsidiary of Richemont) to acquire all of the ordinary shares of Yoox Net-a-Porter Group S.p.A.

Simpson Thacher represented BC Partners in connection with the raising of BC European Capital X ("BCEC X"), BC Partners' tenth flagship private equity fund, which has announced a final close at its €7 billion target. Like its €6.7 billion predecessor fund, BCEC X will focus on making large, market-leading investments in Europe and, selectively, North America.

London – January 22, 2018 – Cooley advised the senior management team of Atcore Technology Group, a leading travel technology company, on its sale to Inflexion Private Equity. Private equity partner Stephen Rosen led the Cooley team.

Debevoise & Plimpton LLP is advising American International Group on the acquisition of the Validus Group, a leading provider of reinsurance, primary insurance and asset management services. The transaction is expected to close mid-2018.

Holders of Validus common shares will receive cash consideration of $68.00 per share, for an aggregate transaction value of $5.56 billion, funded by cash on hand.

Dentons has advised Muscat Securities Market listed parent company Muscat Insurance Company SAOG (MIC) (formerly Muscat National Holding Company SAOG) on the three-way merger of its subsidiaries, Muscat Life Assurance Company SAOC and Muscat Insurance Company SAOC, into MIC.

The merger was implemented in order to ensure compliance with recent amendments to the Insurance Companies Law of Oman. The amendments to the law require all Omani insurance companies to increase their capital to OMR10 million and list their shares on the Muscat Securities Market.

Ashurst has advised the University of Tasmania (UTAS) on its innovative partnership to grant a 30-year licence for 10 of the University's 14 purpose-built accommodation properties to The Spark Living Consortium (Spark Living).

The consortium, which includes DIF and Tetris Capital, has paid an undisclosed amount in return for the future rental revenue of the 14 facilities across the State, totalling 1,800 beds. Spark Living also became the asset manager of the facilities when the deal was finalised in December 2017.
 

A new operator has been selected for Serbia's largest airport. Serbia has awarded French company VINCI Airports, the fourth largest airport operator worldwide, a 25-year concession. The total value of the agreement amounts to EU 1.5 billion. CMS Belgrade supported the Serbian government in this project, which ranks among the strategically most important in the country.