Freshfields Bruckhaus Deringer (‘Freshfields’) is advising Pearson plc on the sale of Wall Street English, a global English language education business, to a consortium of private equity funds managed and advised by Baring Private Equity Asia and CITIC Capital, for a total consideration of approximately US$300m.

The sale, which is part of Pearson Plc’s recent drive to streamline its business lines, was announced on 27 November 2017, following the signing of the SPA. The transaction is still subject to regulatory approval.

Gateley Plc, the legal business of law-led professional services group Gateley, has advised safety solutions provider, Kee Safety on its sale to leading provider and manager of alternative global investment products, Investcorp for £280m. The business was acquired from Dunedin and LDC.

The Firm is representing KKR and Aricent in the proposed sale of Aricent to Altran Technologies. The transaction is expected to close during the first quarter of 2018, subject to the receipt of antitrust approvals and other customary closing conditions.

Stephenson Harwood (Singapore) Alliance has advised Malaysia-headquartered Chemopharm Sdn Bhd., a leading pan-Southeast Asia medical devices distribution group, on the sale of a majority stake to the Everstone Group, via its platform Everlife.

Founded in 1976, Chemopharm is a major player in the Southeast Asia medical device/equipment market with operations across the region including Hong Kong, Indonesia, Singapore, the Philippines, Thailand and Vietnam. It provides products, solutions, and services for laboratory, analytical testing, life science and healthcare.

Skadden is advising Hg Capital on the potential sale of Ullink, a provider of trading technology to the financial community, to Itiviti, a company backed by Nordic Capital.

Loyens & Loeff advised Constantia Flexibles Group GmbH, an Austria-based company, manufacturer of flexible packaging products and labels, on the disposal of Constantia Labels GmbH, a Germany-based company, produces plastic labels for leading drinks manufacturers, to Multi-Color Corporation, a listed US-based company, provider of packaging services and decorating solutions to consumer products and food and beverage companies, wine and spirit industry, national retailers and container manufacturers.

The IT consultant Tieto has acquired the Swedish startup Visue Care and its software assets and related rights which will strengthen Tieto’s digital initiative for care of the elderly.

Eversheds Sutherland’s team was led by partner Michael Nyman.

Travers Smith LLP has advised the executive management team of Dealogic in relation to the sale of a controlling stake in Dealogic by Carlyle Group and Euromoney to Ion Investment Group. The financial terms of the agreement are undisclosed, however Carlyle and management will retain a significant ownership in Dealogic.

The Robert Breuning Foundation has sold its stake in Besigheim-based KOMET Group to CERATIZIT S.A. The transaction was completed today, after the purchase agreement was signed on 12 October 2017 and the authorities in Germany and Austria granted competition law approval.

A CMS team headed by Dr Thomas Meyding advised the Robert Breuning Foundation on all legal aspects of the transaction.

DLA Piper has assisted ERG S.p.A. and Total Marketing Services S.A. in the sale of 100% of the shares of TotalErg S.p.A., the 51:49 joint venture created in 2010 between ERG and Total, active in the distribution of petroleum products in Italy.

The sellers have signed a binding agreement with the Api Group, which will become the first Italian operator with more than 5,000 service stations across the country.