25 Oct 2016 | 08:47 am |
International law firm Pinsent Masons has advised leading German auction channel 1-2-3.tv GmbH, on the sale of the majority of shares in the business.
Shareholders Wellington Partners, Target Partners and Cipio Partners, have sold their shares in the company to ARCUS Capital AG and BE Beteiligungen Fonds GmbH & Co. KG. The company is also held by previous shareholders Iris Capital and the co-founder of 1-2-3.tv GmbH, Henning Schnepper. The network’s managing director, Iris Ostermaier, has invested via the new shareholders of the company. The transaction is subject to approval by the competition authorities.
The Pinsent Masons team advising 1-2-3.tv was led by Partner Tobias Rodehau, Senior Associate Olivia Irrgang, Associate Domenico Schwan and Junior Associate Dr. Alexander Karst, LL.M.
1-2-3.tv GmbH is the operating company of the German auction channel 1-2-3.tv. The company, founded in spring 2004, is headquartered in Grünwald near Munich. Over 35 million households in Germany and Austria have access to 1-2-3.tv.
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Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
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Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
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