Osborne Clarke has advised ProSiebenSat.1 on its sale of all shares in Comvel GmbH to lastminute.com Group.
Osborne Clarke advised on all matters regarding the business model as well as IP/IT law and ecommerce related aspects.
Comvel operates the travel website weg.de, one of Germany’s best-known online travel sites and has been a wholly owned subsidiary of ProSiebenSat.1 Group since January 2014.
The Brussels office of Clifford Chance has been advising Royal Sporting Club Anderlecht and its shareholders on the sale of the Anderlecht football club to Alychlo following a process involving multiple bidders.
The team is led by Niek De Pauw, corporate partner, and Wim Aerts, counsel, at Clifford Chance Brussels.
We have been a trusted adviser to RSCA for the past several years and regularly assist them with corporate, commercial, banking & finance and employment law matters.
The transaction involved:
the set-up of a joint venture - Red Wind - between the Dutch wind turbine manufacturer Lagerwey and NovaWind to supply 388 wind turbines to Rosatom's subsidiary VetroSGC by 2022
the conclusion of a Wind turbine technology licensing agreement, under which Lagerwey provides technology and expertise in 2.5MW and 4.5MW turbines for the joint venture
the conclusion of a components supply agreement, for the supply by Lagerwey of the first 60 wind turbines
The Leeds and Dublin offices of International legal business DWF has advised mineral explorer Erris Resources plc in respect of its admission to trading on AIM.
The Leeds and Dublin offices of International legal business DWF has advised mineral explorer Erris Resources plc in respect of its admission to trading on AIM.
As part of the admission process, Erris Resources raised £4million through a placing of 16,000,000 new ordinary shares at a placing price of 25 pence each, implying a market cap of £7.8million on Admission.
Osborne Clarke has advised healthtech start-up Heartbeat Medical on a seed investment of €3 million Euro from Holtzbrinck Ventures.
The company has created a software that evaluates the success of medical treatment, by reviewing feedback from patients on their quality of life. Berlin Charité and the private hospital groups Sana and Helios already use the technology.
With the financing, Heartbeat Medical will further improve data analysis and give clients better access to information.
Simpson Thacher is representing musical.ly, a mobile platform for short form video, in connection with its merger into Bytedance, the Chinese online media giant (a/k/a “Toutiao”), at a price close to US$1 billion. After the closing of the transaction, musical.ly, being a wholly owned subsidiary of Bytedance, will continue to operate as an independent platform, integrating Bytedance's AI technology and leveraging its reach in China and key markets across Asia to enhance musical.ly's offering to users, creators and partners.
Slaughter and May is advising a consortium of investors led by Draper Gain Investments Limited on the acquisition of privately owned International Trimmings and Labels Plc, a leading designer, manufacturer and distributor of apparel labelling and identification products and supply chain management solutions with operations in the United Kingdom, Canada, China, India, Sri Lanka, Turkey, Bangladesh, Vietnam, Mexico, North America and South Africa. The transaction, effective as of 31 December 2017, values ITL at $187m on a debt-free, cash-free basis.
Real estate OPCI and SCPI investment funds managed by Amundi Immobilier and Primonial Real Estate Investment Management set up a joint venture for the off-plan acquisition of the "Tour Hekla" project, developed jointly by groups Hines and AG Real.
Hekla will be a new iconic 48-floor and 76,000 m²-tower, designed by French architect Jean Nouvel. Works will begin in 2018 in the heart of Paris-La Défense, Paris' business district.
Dechert LLP is acting as lead global counsel on the potential sale of Albea S.A. to PAI Partners by an affiliate of Sun European Partners (the European advisor to Florida-based private-equity firm Sun Capital Partners). The deal is reportedly valued at US$1.5 billion.
Albea S.A. manufactures plastic packaging products for the beauty and personal care market. PAI Partners is a Paris-based private equity firm.
King & Spalding advised MODEC, Inc on its contract for the supply, charter and operations of a Floating Production Storage and Offloading (FPSO) vessel with Petróleo Brasileiro S.A. (Petrobras) as leader and operator for the LIBRA P1 Consortium in Brazil; the second such deal for the client in the country since October.