The London office of Debevoise & Plimpton LLP has advised longstanding client Helios Investment Partners in its acquisition of a 60% shareholding in Telkom Kenya by Jamhuri Holdings Limited, a company owned 100% by HeIios Investors III, L.P.
The transaction also included an increase in the shareholding of the Government of Kenya in Telkom Kenya from 30% to 40%.
The transaction has received regulatory approval.
Squire Patton Boggs has advised Mobusi Mobile Advertising S.L., the leading mobile advertising company in Spain and one of the leaders in Europe, on the acquisition of Sun Media, an advertising company specializing in digital marketing.
International law firm Simmons & Simmons has advised Intertrust N.V. on the acquisition of Elian Group from Elian’s management and funds managed by Electra Partners LLP. The parties have signed binding transaction documents that are subject to regulatory and shareholder approval and the transaction is expected to complete within a few months' time.
Travers Smith LLP has advised longstanding client Equistone Partners Europe ("Equistone") on its acquisition of the ChartCo Group ("ChartCo") from ECI Partners in a transaction valuing ChartCo at £55 million. The investment is Equistone's tenth from its fifth fund, Equistone Partners Europe Fund V.
Debevoise & Plimpton LLP is advising Dover in its acquisition of Wayne Fueling Systems Ltd., which is owned by Riverstone Holdings LLC, for $780 million in cash. Additional information on the deal can be found here.
The Debevoise team is led by partners E. Raman Bet-Mansour and Michael A. Diz and includes partners Gary W. Kubek, Edward M. Rishty and Elizabeth Pagel Serebransky, counsel Judith L. Church and Stuart Hammer, international counsel Timothy McIver and associates Jennifer A. Gong, Anne-Mette Heemsoth, Tigist Kassahun, Yana M. Mereminsky and John Rothert.
Noerr is advising the Austrian company Borealis AG on a transaction in the German market. The petrochemicals group has now reported that it has concluded an agreement on the complete takeover of the companies mtm plastics GmbH and mtm compact GmbH, which both specialise in the recycling of plastics. The competition authorities still have to approve the transaction.
Noerr has acted for funds advised by Orlando Management AG on the acquisition of all the shares in ScholzAlu Stockach GmbH. The vendor is the Scholz Group, which is pulling out of the aluminium recycling business as a result of the transaction.
Bird & Bird's London Corporate team has advised AXIO Data Group on the acquisition of Chipworks Inc by its portfolio company TechInsights, to create a global leader in advanced technology intelligence and technology founded patent advisory services.
Chipworks is headquartered in Ottawa, Canada. The acquisition was funded through the creation of a new acquisition finance facility on which Bird & Bird also advised.
DLA Piper represented NuVasive, Inc. in a US$98 million cash acquisition of Biotronic from Biotronic NeuroNetwork, a provider of intraoperative neurophysiological monitoring services. With the addition, NuVasive will double its neurophysiology footprint.
The acquisition allows NuVasive to expand its services related to spine procedures. The company will be able to better serve its health system customers by supporting clinical fulfillment through enhanced surgical monitoring and oversight capabilities, and increasing the breadth of products and services.
Global law firm White & Case LLP has advised Cott Corporation, a leading provider in the direct-to-consumer beverage services industry and one of the world’s largest producers of beverages on behalf of retailers, brand owners and distributors, on its acquisition for around €470 million of Eden Springs, a leading European direct-to-consumer services provider that specializes in home and office delivery water, office coffee services and filtration, from Rhône Capital.