Dechert Advises Stripes Group on Investment in Leading Mobile Cloud Provider Netbiscuits

International law firm Dechert LLP advised SG Growth Partners II Luxco S.a.r.l., a newly established private equity fund with corporate seat in Luxembourg managed by Stripes Group, LLC, in its $25M investment in German-based Netbiscuits GmbH, the global leader in software solutions for adaptive web development. The investment was supported by existing investor T‐Venture, a wholly owned subsidiary of Deutsche Telekom AG.

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Tags:  Dechert LLP

CMS Advises Telefónica Deutschland on the Largest IPO in Germany in the Last Five Years

CMS has advised Telefónica Deutschland Holding AG on its IPO on the Frankfurt Stock Exchange and sale of shares by Telefónica S.A which priced today. The gross issue proceeds from the sale of the shares placed amounts to EUR 1,260 million. If the greenshoe option is fully exercised, the gross issue proceeds will increase to up to EUR 1,449 million. This is the largest flotation in Germany within the last five years.

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Tags:  CMS | Germany

Jonathan Feld Joins Dykema in Chicago

Dykema today announced that Jonathan S. Feld has joined as a member in its Business Litigation practice group. Feld will be resident in the Firm’s Chicago office, but will spend considerable time in Dykema’s Washington, D.C. office. Prior to joining Dykema, Feld was a partner with Katten Muchin Rosenman LLP.

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Tags:  Dykema Gossett PLLC