By Greenberg Traurig on Posted in M&AGreenberg Traurig advised CVC Capital Partners with respect to an agreement for the acquisition of Żabka Polska from Mid Europa Partners. The transaction is subject to customary competition authority clearance. The sale of Żabka is the largest ever transaction in the Polish food retail sector and the largest ever private equity exit in Poland. Żabka… Continue Reading
By Lisa Navarro, Kate Eades, Martha A. Sabol, Mark A. Clayton and Lorne S. Cantor on Posted in Brexit,Gaming,M&AThis note addresses the impact of Brexit on the gaming industry. It is one of a series of GTM Alerts designed to assist businesses in identifying the legal issues to consider and address in response to the UK’s referendum vote of 23 June 2016 to withdraw from the European Union. In particular, it considers the… Continue Reading
By Charles O. George on Posted in Corporate,M&AIn the recent case of Teoco UK Limited v Aircom Jersey 4 Limited and Aircom Global Operations Limited [2015] EWHC (Ch), the High Court considered the validity of breach of warranty claim notification letters. Facts The claimant acquired two companies and their subsidiaries from the defendants. In the sale and purchase agreement (“SPA”) the defendants… Continue Reading
By Simon Harms on Posted in M&AThe European Commission (Commission) imposed a fine of EUR 20 million on Marine Harvest, the Norwegian salmon farmer and processor, after it acquired a 48.5 percent stake in its competitor Morpol prior to obtaining the required clearance from the Commission under the European Union Merger Regulation (EUMR). The EUMR requires parties to a transaction that… Continue Reading
By Emilie van Hasselt, Hans Urlus and Simon Harms on Posted in M&AIn the United States, merger control rules require notifications to be submitted to the Federal Trade Commission and Department of Justice in respect of certain acquisitions of non-controlling minority shareholdings. In the European Union (EU), under the current Merger Regulation (Council Regulation (EC) No. 139/2004), the European Commission (Commission) only has jurisdiction to review transactions… Continue Reading
By Karoline Tauschke on Posted in Corporate,M&AM&A activity for public companies in the UK has picked up in the first half of 2014 compared to the same period last year. In total, 22 firm offers for companies listed on the Main Market and AIM were announced in the first two quarters of 2014, an increase from the 17 firm offers made… Continue Reading
