On Jan. 21, 2019, Khiron Life Sciences Corp. (TSXV: KHRN) (OTCQB: KHRNF) (Frankfurt: A2JMZC) announced that it had closed the previously announced MOU with Dayacann, holder of Chile's first and only medical cannabis cultivation license.
Dayacann is a joint venture entity established by Fundacion Daya and its Australian partner AusCann Group Holdings Ltd.
A cross-regional Dentons team led by Corporate partners Jeff Haidet and Kristen Beystehner, advised Emart, Korea’s largest retailer, in its acquisition of US food retailer Good Food Holdings, including retail brands Bristol Farms, Lazy Acres and Metropolitan Market, for US$275 million.
DLA Piper has advised a Consortium comprising Link Group, Commonwealth Bank of Australia and Morgan Stanley Infrastructure on its successful acquisition for PEXA. The electronic property settlements exchange was formed in 2010 out of a Council of Australian Governments initiative focused on the digital transformation of property conveyancing.
Baker McKenzie advised Evergrande Health Industry Group Limited (Evergrande Health), a company listed on the Main Board of the Hong Kong Stock Exchange, on its acquisition of 51% stake in National Electric Vehicle Sweden AB (NEVS) for a total consideration of USD 930 million.
International law firm Pinsent Masons has advised Sabio on its acquisition of flexAnswer Solutions
The Sabio Group, a UK-based unified communications and contact centre services company, has announced the acquisition of flexAnswer Solutions, a leading Singapore-based provider of innovative Virtual Assistant solutions. The deal aims to strengthen Sabio’s digital offering and is part of an ongoing growth plan to broaden the company’s solutions portfolio and geographic coverage.
Danish fabric manufacturer Gabriel A/S has signed an agreement on the acquisition of the Lithuanian fabric manufacturer UAB Baltijos Tekstile (BTC).
The two companies have collaborated since 1999, and in 2017 BTC generated revenue of EUR 3.9 million, with Gabriel A/S as one of its major customers.
Gabriel A/S was advised by Kristian Tokkesdal and Mathias Beck.
Croda has signed a deal with Brenntag Nordic A/S to acquire 100% of the share capital in Brenntag Biosector A/S for EUR 72 million in cash.
Brenntag Biosector A/S, which is headquartered in Ballerup, Denmark, is a specialist in the manufacture and supply of adjuvants for vaccines. Its product portfolio includes innovative aluminium and saponin-based adjuvants used in both human and veterinary vaccines to enhance their efficacy.
Skadden is advising L’Occitane International S.A. in connection with its contemplated purchase of the Elemis Group for $900 million.
Wolf Theiss advised ALSO Holding AG, one of the leading providers of ICT distribution, solutions and services in Europe, with a tender offer for 100% of the shares of ABC Data S.A., launched together with MCI.
ABC Data S.A. is a leader in the market of IT hardware and consumer electronics distribution in Poland and operates in a number of Central and Eastern Europe countries.
Cologne – 1st FC Cologne and Daimler AG have jointly acquired shares in Cologne-based e-sports company SK Gaming, with founder Alexander Müller remaining a shareholder.
A CMS team headed by lead partner Dr Hendrik Schindler advised 1st FC Cologne on concluding the purchase agreement and designing the future corporate governance structure of SK Gaming. The football club is a longstanding CMS client in the area of intellectual property as well as contract and association law. This is the first time the club has instructed CMS to advise on an M&A transaction.