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Waselius & Wist represented Francisco Partners in the Finnish law aspects of the acquisition of Verifone Systems, Inc. (NYSE: PAY) by Francisco Partners and British Columbia Investment Management Corporation (BCI).
Verifone is a payments technology provider that offers products and services in more than 150 countries worldwide, including in Finland through the regulated payment institution Verifone Finland Oy.
Value: USD 3.4 billion
Waselius & Wist represented Oerlikon in its acquisition of an innovative Finnish coating producer. Oerlikon Balzers is one of the world’s leading suppliers of innovative surface technologies. Oerlikon Balzers operates a dynamically growing network of more than 100 coating centres in 35 countries in Europe, America and Asia.
On 5 October 2018 Waselius & Wist is hosting a seminar in Helsinki on tax litigation, with specific focus on transfer pricing disputes. The seminar is part of a legal event called Käräjät, arranged by Edita Publishing Oy, one of the major producers of legal training in Finland. Waselius & Wist’s session will discuss the specific features of tax litigation at Court level. More particularly, the topics reflected in light of Court proceedings are inter alia transfer pricing and the specific features therein, alternative dispute resolution, display of evidence and the various economical methods as used in litigation for argumentation purposes. Certain State Aid cases will also be looked at as specific proceedings with a transfer pricing dimension as well as the Mutual Agreement Procedure as a means to solve cross-border conflicts. The session is chaired by our Tax partner Jouni Weckström.
For more information and registration, please visit www.käräjät.fi (only available in Finnish).
Waselius & Wist represented Apax Partners in the Finnish law aspects of the acquisition of a majority stake in the leading Finnish digital transformation company, Solita, from Vaaka Partners, including the financing arrangements and merger control proceedings relating to the acquisition. The acquisition was carried out by Apax Digital Fund, a growth equity fund advised by global private equity advisory firm Apax Partners. Apax Digital Fund specialises in growth equity and buyout investments in high-growth enterprise software, internet, and technology-enabled services companies worldwide. Solita is a digital transformation company driven by data and human insight. The company provides a range of services, including strategic consulting, service design, artificial intelligence, analytics and managed cloud services to its fast-growing international client roster. Solita employs more than 650 digital specialists across Finland, Sweden and Estonia.
Waselius & Wist represented I Squared Capital, an independent global infrastructure investment manager, in the Finnish law aspects of its acquisition of Tip Trailer Services from HNA Group, a global Fortune 500 company focused on aviation and tourism, logistics and financial services. TIP Trailer Services is a leading equipment service provider operating in 17 countries and headquartered in Amsterdam.
Waselius & Wist successfully represented Ascensia Diabetes Care Finland Oy in public procurement litigation in the Market Court relating to a major procurement by the City of Espoo of blood glucose meters and test strips.
Waselius & Wist represented the shareholders in Maksuturva Group Oy and Maksuturva ICT Services Oy in the sale of 90% of the shares in Maksuturva to Svea Ekonomi, a leading Northern European provider of financial services. 10% of the shares will continue to be held by Maksuturva’s management. Maksuturva is a Finnish provider of intelligent payment services to companies and their customers in Finland and abroad.
Offering of 6 1/2% senior notes due 2024 and 6 7/8% senior notes due 2026 by First Quantum Minerals Ltd.
Waselius & Wist represented First Quantum Minerals Ltd in the Finnish law aspects of the offering of $850,000,000 in aggregate principal amount of 6½% senior notes due 2024 and $1,000,000,000 in aggregate principal amount of 67/8% senior notes due 2026.
Value: USD 1.95 billion.
Waselius & Wist represented the arranger, ING Bank N.V., and the other dealers in Fingrid Oyj’s EMTN Debt Issuance Programme of 2018.
Value: EUR 1,500,000,000
Waselius & Wist represents Digital Colony in the Finnish law aspects of its acquisition of Digita Oy from First State Investments.
Digita is the owner and operator of the premier nationwide digital terrestrial television and radio broadcasting tower infrastructure network in Finland. The company is also Finland’s largest independent tower network owner, providing infrastructure solutions to the country’s largest mobile network operators.
Digital Colony is a global investment firm focused on enabling the next generation of mobile and internet infrastructure. Digital Colony is a joint venture between Digital Bridge Holdings, LLC, a leading owner and operator of digital infrastructure businesses and Colony NorthStar, Inc. (NYSE: CLNS), a leading real estate investment management firm.
The transaction is subject to customary regulatory approvals.