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.

Debevoise & Plimpton LLP successfully advised Precision Medicine Group on a new $275 million investment, led by Berkshire Partners and TPG Growth, alongside a significant participation from Precision’s co-founders and management team and original investors Oak Investment Partners and J.H. Whitney.

Roschier represents Fortum Corporation as the lead competition counsel in the restructuring of the ownership of Fortum and the City of Oslo in Hafslund ASA, one of the largest listed power groups in the Nordic region. Read more here.

The Roschier core advising team includes Niko Hukkinen, Kristian Hugmark and Sari Rasinkangas.

On April 25, 2017, Credit Suisse Group AG (SIX: CSGN) announced that it plans to issue new shares in a total amount of CHF 4 bn (excluding the issuance of any new shares from the exercise of rights allotted on shares received as scrip dividend). The capital increase shall be executed by way of a rights offering to existing shareholders, underwritten in the amount of 379,981,340 shares by a banking syndicate (i.e., excluding the issuance of any new shares from the exercise of rights allotted on shares received as scrip dividend).

Stena Bulk has acquired the remaining 50% of the shares in Stena Weco from WECO Shipping. Stena Weco was established at the beginning of 2011 as a joint venture between Stena Bulk and WECO Shipping. Stena Bulk now takes full ownership of Stena Weco. Stena Weco specialises in the transportation of vegetable oils, chemicals and oil and petroleum products and is one of the largest global carriers with offices in Copenhagen, Houston, Dubai and Singapore. Its goal is to be a market-leading player in the MR tanker segment, known for first class seaborne solutions.

Munters has acquired the business of Mumbai based Kevin Enterprises, specilised in design, manufacturing, supply and installation of mass transfer and separation equipment.

Munters is a global leader and premium partner in energy efficient air treatment and climate solutions, with manufacturing and sales in 30 countries by around 3500 employees. Munters has an annual net sales of approximately SEK six billion and is owned by Nordic Capital Fund VII. The acquisition was made within Munters' division for solutions for droplet separation (Mist Elimination).