Düsseldorf-based lawyers Dr. Hans Gummert and Dr. Florian Brombach advised Walser Privatbank AG on the sale of its subsidiary Raiffeisen Privatbank Liechtenstein AG to Mason Strategic Investment Company Limited, a subsidiary of Hong Kong Stock Exchange-listed Mason Group Holdings Limited. The two Heuking Kühn Lüer Wojtek lawyers comprehensively advised Walser Privatbank on the complex cross-border transaction.
 

McDermott advised seller Ardian and digital marketing target TimeOne as Edmond de Rothschild Investment Partners, through its ActoMezz team, purchased TimeOne. The McDermott team included Diana Hund, Marie-Muriel Barthelet, Claire Barra, Antoine Vergnat, Pierre-Arnoux Mayoly, Benjamin Briand, Alice Beral and Myrtille Lapuelle.

White & Case LLP has advised Société Générale, as sole bookrunner, on the sale by Banque Fédérative du Crédit Mutuel (BFCM) of its stakes in Safran and Eiffage.

The shares were sold via institutional private placements with qualified investors by way of an accelerated bookbuilding. Following these transactions, BFCM will no longer hold any Safran and Eiffage shares. Safran and Eiffage are listed on the regulated market of Euronext Paris.

Avendra is the leading North American hospitality procurement services provider.

Paul Hastings LLP, a leading global law firm, announced today that it has advised Equistone Partners Europe in connection with the sale of its majority stake in Linxis Group (formerly Bretèche Industrie Group) to the private equity fund IK Investment Partners.

The international commercial law firm BEITEN BURKHARDT has advised the shareholders of Wilhelm Altendorf GmbH & Co. KG (Altendorf Group) on the sale of their participation to Avedon Capital Partners B.V. (Avedon). The participation held by the Altendorf family was sold in the context of a solution for succession. The transaction was successfully notarised on 6 October. The parties have agreed not to disclose the transaction volume.

King & Wood Mallesons (KWM) advised family and employee-owned Bindaree Beef Group, one of Australia’s largest meat processors, on its sale of a majority interest to the Hong Kong based Hui family and investment firm, Archstone Investment (Consortium).

The Consortium successfully emerged as the majority joint venture partner for the existing shareholders following a lengthy sale process.

Global law firm Ropes & Gray has advised Bridgepoint Development Capital – another new client for the firm - on its sale of Inspired Thinking Group (ITG), a UK-headquartered technology-led provider of outsourced marketing services, to Equistone Partners Europe.

ITG helps global brands and retailers, such as Heineken, Audi and Puma, to deliver their multi-channel marketing more efficiently and effectively, utilizing its proprietary software platform, “MediaCentre.” The financial terms of the deal, which announced on 10 October, have not been disclosed.

The Firm has represented affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”) on the sale of 61 million ordinary shares in Pets at Home Group Plc (“Pets at Home”). The secondary offering, which was effected pursuant to a block trade by way of an accelerated book build, raised gross sale proceeds of approximately £119 million.

The sale brings KKR’s aggregate shareholding in Pets at Home to approximately 12.4%, down from 24.6% following a block trade in June 2015.

International private equity firm Cinven has sold Germany-based CeramTec GmbH, a world-leading manufacturer of high-performance ceramics, to an investor consortium led by BC Partners and including Public Sector Pension Investment Board and Ontario Teachers' Pension Plan. The complex multinational transaction (dual track) was preceded by a bidding process. International law firm Clifford Chance advised Cinven on this transaction.