Deals Archives - Legal Desire Media and Insights https://legaldesire.com/category/deals/ Latest Legal Industry News and Insights Tue, 25 Mar 2025 14:44:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://legaldesire.com/wp-content/uploads/2018/11/cropped-cropped-cropped-favicon-1-32x32.jpg Deals Archives - Legal Desire Media and Insights https://legaldesire.com/category/deals/ 32 32 Linklaters advises Volkswagen on the sale of a stake in TRATON https://legaldesire.com/linklaters-advises-volkswagen-on-the-sale-of-a-stake-in-traton/ Tue, 25 Mar 2025 14:44:45 +0000 https://legaldesire.com/?p=87519 Linklaters has advised Volkswagen Group on the private placement of 11 million shares of TRATON SE through an accelerated bookbuilding process. The shares correspond to 2.2% of the share capital. The sale of the shares by its subsidiary Volkswagen International Luxembourg S.A. was aimed exclusively at institutional investors and generated proceeds of 360 million euros. […]

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Linklaters has advised Volkswagen Group on the private placement of 11 million shares of TRATON SE through an accelerated bookbuilding process. The shares correspond to 2.2% of the share capital. The sale of the shares by its subsidiary Volkswagen International Luxembourg S.A. was aimed exclusively at institutional investors and generated proceeds of 360 million euros.

The transaction aims to enhance the free float and trading liquidity of TRATON shares, while Volkswagen Group intends to remain a committed and responsible shareholder in TRATON. Upon completion of the transaction, the Volkswagen Group will hold approximately 87.5% of TRATON’s share capital.

The transaction has been led by partners Achim Kirchfeld (Corporate/M&A, Düsseldorf) and Dr. Marco Carbonare (Corporate/M&A, Frankfurt).

Other team members are Rémy Bonneau (Partner, Corporate/M&A, Luxembourg), Peter Waltz (Partner, Capital Markets, Frankfurt), Marco Huchzermeier (Counsel, Corporate/M&A, Düsseldorf), Kevin Roy (US Counsel, Berlin), Alain Farana (Counsel, Corporate/M&A, Luxembourg/Stockholm), Alexander Auster (US Associate, Frankfurt), Dimitrij Voronov (Associate, Corporate/M&A, Düsseldorf), Vanessa Azad (Associate, Corporate/M&A, Luxembourg/Munich).

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Hogan Lovells advises Cain on the acquisition of a development site in Germany https://legaldesire.com/hogan-lovells-advises-cain-on-the-acquisition-of-a-development-site-in-germany/ Wed, 12 Mar 2025 08:03:03 +0000 https://legaldesire.com/?p=87434 Led by Hamburg partner Dirk Debald and counsel Claudia Wolf, global law firm Hogan Lovells has advised asset manager Cain International on the acquisition of an 86,000 sqm brownfield site in the Frankfurt Rhine-Neckar region, expanding its European logistics portfolio. The site will be redeveloped on a speculative basis to encompass approximately 57,000 sqm of […]

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Led by Hamburg partner Dirk Debald and counsel Claudia Wolf, global law firm Hogan Lovells has advised asset manager Cain International on the acquisition of an 86,000 sqm brownfield site in the Frankfurt Rhine-Neckar region, expanding its European logistics portfolio.

The site will be redeveloped on a speculative basis to encompass approximately 57,000 sqm of Grade-A logistics space built to a DGNB Platinum standard. Construction is scheduled to commence in mid-2026 with project completion targeted for 2027. This acquisition represents Cain’s tenth speculative logistics development in Europe and fourth in Germany, further enhancing its growing logistics portfolio valued at over €1.5 billion across core European markets.

The development will be delivered by NVELOP Real Estate, a specialist in logistics, industrial, and data centre properties.

Hogan Lovells provided legal counsel on the transaction and contractual negotiations, ensuring a smooth acquisition process.

Hogan Lovells team for Cain International

Dr. Dirk Debald (Partner), Claudia Wolf (Counsel), Florentine Gottwald, Annemarie Sophie Nowak (both Associates) (all Real Estate, Hamburg);

Bernhard Kuhn (Partner, Real Estate, Frankfurt);

Dr. Mathias Schönhaus (Partner), Annika Rech (Associate) (both Tax, Berlin/Dusseldorf).

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Linklaters advises on Varanasi Aurangabad Highway’s US$316.3m bond issuance https://legaldesire.com/linklaters-advises-on-varanasi-aurangabad-highways-us316-3m-bond-issuance/ Wed, 12 Mar 2025 04:06:55 +0000 https://legaldesire.com/?p=87430 Linklaters acted for the joint bookrunners on the US$316.3m bond issuance by Varanasi Aurangabad NH-2 Tollway (NH2), a road entity owned by ROADIS Group and indirectly by PSP Investments, marking its debut in the international bond market. NH2 became the first Indian toll road concession company to raise US dollar-denominated debt in the international capital […]

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Linklaters acted for the joint bookrunners on the US$316.3m bond issuance by Varanasi Aurangabad NH-2 Tollway (NH2), a road entity owned by ROADIS Group and indirectly by PSP Investments, marking its debut in the international bond market.

NH2 became the first Indian toll road concession company to raise US dollar-denominated debt in the international capital markets and to obtain investment grade by Moody’s and Fitch. The offering saw strong demand, attracting investors from international markets in a strong show of confidence in NH2’s prospects.

NH2 is responsible for the operation and maintenance of the 192km Varanasi-Aurangabad highway in India. The NH2 toll road is also part of the “Golden Quadrilateral”, a national highway network connecting most of the major industrial, agricultural and cultural centers of India. The proceeds from the transaction will be used for refinancing and capital expenditure.

The Linklaters team was led by Partner and Head of India Practice Amit Singh and capital markets partner Michele Discepola, with support from managing associate Calvin Soon and associate Carina Kam.

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Weil Advises InPost on Their Bank Loan Refinancing https://legaldesire.com/weil-advises-inpost-on-their-bank-loan-refinancing/ Fri, 07 Mar 2025 20:41:12 +0000 https://legaldesire.com/?p=87404 Weil has advised InPost, the Amsterdam-listed and Poland-based logistics and courier services group, on their approximate €1 billion bank loan refinancing. InPost offers out-of-home delivery services across nine countries in Europe. Previously, Weil has advised Advent International on the partial sale of its shareholding in InPost Group and on the Euronext Amsterdam listing of InPost in 2021, […]

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Weil has advised InPost, the Amsterdam-listed and Poland-based logistics and courier services group, on their approximate €1 billion bank loan refinancing.

InPost offers out-of-home delivery services across nine countries in Europe.

Previously, Weil has advised Advent International on the partial sale of its shareholding in InPost Group and on the Euronext Amsterdam listing of InPost in 2021, which was at that time the largest ever tech IPO in Europe.

The Weil team was led by Finance partner Tom Richards, supported by counsel Ed Hyde and associate Emma Lynam.

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Weil Advises Microsoft in CMA Investigation into Partnership with OpenAI https://legaldesire.com/weil-advises-microsoft-in-cma-investigation-into-partnership-with-openai/ Fri, 07 Mar 2025 20:40:34 +0000 https://legaldesire.com/?p=87402 Weil advised Microsoft Corporation on the UK Competition and Markets Authority (CMA) investigation into Microsoft’s partnership with OpenAI. The CMA commenced its investigation on December 8, 2023 following the dismissal and re-hiring of Sam Altman as CEO of OpenAI in November 2023. As part of a pre-notification process lasting almost 15 months, the CMA investigated […]

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Weil advised Microsoft Corporation on the UK Competition and Markets Authority (CMA) investigation into Microsoft’s partnership with OpenAI.

The CMA commenced its investigation on December 8, 2023 following the dismissal and re-hiring of Sam Altman as CEO of OpenAI in November 2023. As part of a pre-notification process lasting almost 15 months, the CMA investigated the partnership in detail under its merger control powers to determine whether Microsoft had increased its level of control over OpenAI and, if so, whether competition concerns arose as a result. The CMA concluded on March 5, 2025 that it did not have jurisdiction to review the partnership.

The Weil team, working closely with Microsoft’s legal team, was led by London Antitrust partner Jenine Hulsmann, counsel Lucy Chambers and Chris Chapman and also included associates Robert Eyres, Patrick May, Hannah Bannister and Venetia Hudd.   

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K&L Gates Advises on AU$23 Million Retail Shopping Centre Asset Acquisition https://legaldesire.com/kl-gates-advises-on-au23-million-retail-shopping-centre-asset-acquisition/ Fri, 07 Mar 2025 20:39:24 +0000 https://legaldesire.com/?p=87399 Global law firm K&L Gates has acted as counsel for a private investment group in its AU$23 million acquisition of the Tanilba Bay Shopping Centre, located in New South Wales, from Real Asset Management (RAM) Group of Companies. The shopping centre, a 3,841-square-metre modern retail hub located in Tanilba Bay in the growing Port Stephens local government […]

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Global law firm K&L Gates has acted as counsel for a private investment group in its AU$23 million acquisition of the Tanilba Bay Shopping Centre, located in New South Wales, from Real Asset Management (RAM) Group of Companies.

The shopping centre, a 3,841-square-metre modern retail hub located in Tanilba Bay in the growing Port Stephens local government area, provides essential retail and service options to the local community. This acquisition reflects confidence in the region’s growth potential and marks the beginning of a new chapter for both the shopping centre and the surrounding area. As the centre evolves, it will continue to serve as a cornerstone of the community, creating jobs, fostering economic growth, and strengthening local ties.

In June 2017, RAM acquired the Tanilba Bay Shopping Centre, along with two other centres, for a total of AU$44.5 million. At that time, the Tanilba Bay Shopping Centre was valued at AU$14.8 million.

The K&L Gates team advising on the deal was led by Sydney-based Real Estate partner Samuel Brown with support from lawyers Reilly King and Prudence Birchall.

Brown described the deal as “one of the few high-value, high-quality retail asset transactions available.” Commenting further, he said: “Investing in the Tanilba Bay Shopping Centre demonstrates our clients’ confidence in the future of Port Stephens, driven by its growing demand for local retail and services. This strategic move represents a long-term investment that will provide steady income while offering future development opportunities. It was a pleasure to work with our client on this deal, which also benefits the local community.”

Lawyers in K&L Gates’ large, diversified Real Estate practice advise clients in a variety of real estate investment, land use, planning and zoning, development and construction, financing, leasing, tax, and litigation matters around the world.

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Freshfields Advises Keysight Technologies, Inc. in the Proposed Sale of Spirent’s High Speed Ethernet and Network Security Testing Business https://legaldesire.com/freshfields-advises-keysight-technologies-inc-in-the-proposed-sale-of-spirents-high-speed-ethernet-and-network-security-testing-business/ Fri, 07 Mar 2025 20:38:18 +0000 https://legaldesire.com/?p=87396 Freshfields is advising Keysight Technologies, Inc. in the proposed sale of Spirent Communications plc’s high speed ethernet and network security business lines for $410 million base cash consideration and an additional $15 million contingent cash consideration to be paid at closing.  The divestiture is proposed in connection with Keysight’s proposed all-cash acquisition of Spirent, which we […]

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Freshfields is advising Keysight Technologies, Inc. in the proposed sale of Spirent Communications plc’s high speed ethernet and network security business lines for $410 million base cash consideration and an additional $15 million contingent cash consideration to be paid at closing.  The divestiture is proposed in connection with Keysight’s proposed all-cash acquisition of Spirent, which we are also advising on, and is conditional on completion of Keysight’s acquisition of Spirent. Learn more about this transaction here.

The Freshfields deal team advising on the divestiture is led by partner Denny Kwon and counsels Olaf Ehlers and Michal Netanyahu and included senior associate Sofia Bernaciak and associates Connor BarrettNoёl Zamani and Jennifer Baek. Partner Nicole Foster, senior associate Jeffrey Anand and associate Jordan Riley advised on executive compensation and benefits matters; partner Mena Kaplan, senior associate Daniel Spencer and associate Zachary Leonard advised on intellectual property matters; counsel Jeremiah Nelson and associates Casey Hagen and Matt Parsons advised on real estate matters; partner Allison Liff and senior associate Kelsey Avery advised on finance matters; partner Claude Stansbury and associate Joshua Critchlow advised on tax matters; partners Christine Lyon and Brock Dahl and senior associate Christine Chong advised on data privacy matters; partner Stephanie Brown Cripps and associates Keian Razipour and Victoria Abut advised on sanctions matters; partner Kate Cooper, senior associate Martha Davis and associate Alexander Potts advised on UK law matters; partner May Smith and senior associate Benjamin Crompton advised on UK tax matters and partner Jérôme Philippe and associate Narimane Sadoune advised on French antitrust matters.

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Baker McKenzie advises Centric Software (Dassault Systèmes’ group) on the acquisition of Contentserv Group https://legaldesire.com/baker-mckenzie-advises-centric-software-dassault-systemes-group-on-the-acquisition-of-contentserv-group-2/ Fri, 07 Mar 2025 20:33:22 +0000 https://legaldesire.com/?p=87394 Baker McKenzie has advised Dassault Systèmes’ subsidiary Centric Software, the Product Lifecycle Management (PLM) market leader, on the acquisition of Contentserv Group, a leading provider of product information management (PIM) systems. The buyer is Centric Software GmbH, a direct subsidiary of Centric Software Inc.; the major seller is the global private equity firm Investcorp Technology […]

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Baker McKenzie has advised Dassault Systèmes’ subsidiary Centric Software, the Product Lifecycle Management (PLM) market leader, on the acquisition of Contentserv Group, a leading provider of product information management (PIM) systems. The buyer is Centric Software GmbH, a direct subsidiary of Centric Software Inc.; the major seller is the global private equity firm Investcorp Technology Partners (ITP). The transaction is still subject to regulatory approval and customary closing conditions.

“Thanks to our global and cross-practice group team, we were able to contribute to the success of this transaction on the legal side. The acquisition of the Contentserv Group will enable our client to drive further innovation,” cmmented Dr. Christian Vocke, lead partner on the transaction.

Dassault Systèmes SE is a multinational software developer headquartered in Vélizy-Villacoublay, France. With thirteen brands, powered by the 3DEXPERIENCE platform, Dassault Systèmes has a broad portfolio of software applications comprised of 3D modeling, simulation, social and collaborative applications and information intelligence applications. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source, price and sell products such as apparel, fashion, home, footwear, sporting goods, consumer electronics, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals.

Contentserv GmbH, based in Rohrbach/Ilm near Munich, enables brand manufacturers and retailers to manage their product content with the help of AI. Founded in 2000, the company has 14 offices in Europe, the USA and Asia. With merely 250 employees, the company provides its products to more than 1,600 brands in 90 countries around the world.

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DLA Piper advises Point72 Private Investments in US$90 million Series D financing round of Netradyne https://legaldesire.com/dla-piper-advises-point72-private-investments-in-us90-million-series-d-financing-round-of-netradyne/ Fri, 07 Mar 2025 20:32:08 +0000 https://legaldesire.com/?p=87392 DLA Piper (US) advised Point72 Private Investments in the US$90 million Series D financing round of Netradyne, Inc., a San Diego-based SaaS provider of artificial intelligence (AI) and edge computing solutions. The new capital will be allocated to research and development, investments in new markets, and global expansion. Since its founding in 2015, Netradyne reaches […]

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DLA Piper (US) advised Point72 Private Investments in the US$90 million Series D financing round of Netradyne, Inc., a San Diego-based SaaS provider of artificial intelligence (AI) and edge computing solutions.

The new capital will be allocated to research and development, investments in new markets, and global expansion. Since its founding in 2015, Netradyne reaches over 3,000 customers and over 450,000 active subscribers, serving customers across the US, Canada, Mexico, Germany, the UK, Australia, New Zealand, and India, with planned expansion throughout Europe and Japan.

The DLA Piper team was led by Charles Torres (New York) and included associates Maria Rydder and Jasmine Judge (both New York).

DLA Piper’s Emerging Growth and Venture Capital practice includes more than 200 lawyers who provide strategic counsel to emerging companies in high-growth industries, including technology, healthcare, pharma & biotech, financial services, manufacturing, and communications. In the last three years, DLA Piper has completed over 2,100 financings globally totaling more than US$80 billion and is ranked as a top 5 most active US law firm for venture capital deal volume, according to Pitchbook.

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DLA Piper advises GE HealthCare on BK Medical integration in eleven countries https://legaldesire.com/dla-piper-advises-ge-healthcare-on-bk-medical-integration-in-eleven-countries/ Fri, 07 Mar 2025 20:31:22 +0000 https://legaldesire.com/?p=87390 DLA Piper has advised GE HealthCare on the integration of BK Medical into the GE HealthCare organisation in 11 countries. BK Medical develops active imaging systems to improve the standard of care in urological and surgical procedures in real time and to support users during the procedure. In 2021, GE HealthCare acquired the BK Medical […]

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DLA Piper has advised GE HealthCare on the integration of BK Medical into the GE HealthCare organisation in 11 countries. BK Medical develops active imaging systems to improve the standard of care in urological and surgical procedures in real time and to support users during the procedure. In 2021, GE HealthCare acquired the BK Medical group to expand its ultrasound portfolio to include surgical visualisation. The acquisition supported GE HealthCare’s expansion from primarily diagnostic to surgical and therapeutic fields of application and strengthened its position in the field of precision medicine.

Following the successful spin-off of GE HealthCare in January 2023, GE’s former healthcare business is operating independently as a leading global innovator in medical technology, pharmaceutical diagnostics and digital solutions, employing approximately 47,000 people worldwide.

Stefan Daugs, Head of Global Entity Governance / Senior Legal Counsel at GE HealthCare, says: “DLA Piper provided comprehensive advice across multiple phases of our international integration project, and coordinated efficiently and effectively with our in-house team. The team’s deep understanding of global corporate structures, the central coordination of local integration steps and their proactive approach have contributed significantly to the success of our project.”

The international DLA Piper team provided comprehensive advice on corporate law and the area of FDI, as well as on employment and commercial law issues. Counsel Hanna Lütkens (Munich) and partner Dr Mathias Schulze Steinen (Frankfurt) co-led the team with associate Yolanda Ristau (Munich; all Corporate/M&A) in the core team. In Germany, partner Dr Justus Herrlinger and senior associate Louisa Arlette Maier-Witt (both Antitrust, Hamburg) advised on the area of FDI. The team was further supported by Legal Project Manager Aleksandar Todoroski (Munich) and also included teams from DLA Piper offices and partner law firms in Australia, Austria, Belgium, the Netherlands, Denmark, France, Italy, Sweden, Switzerland, the UK and the US.

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