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38 New Articles

Schoenherr, working with lead counsel Gleiss Lutz, has advised French IT service provider Atos SE on the planned acquisition of Siemens Convergence Creators GmbH for an undisclosed price. Siemens AS was represented by Hengeler Muller on the deal, which is expected to close at the end of December 2017 and is still subject to the information/consultation process with employee representative bodies and the approval of the relevant regulatory and antitrust authorities. 

Dorda has advised Austria's TTTech group on a strategic partnership with Samsung regarding the development of technologies for automated driving. Eisenberger & Herzog advised Samsung on the deal, which is subject to the approval of competition authorities and is expected to be implemented in 2018.

Freshfields Bruckhaus Deringer has advised Austrian Oberbank AG on the conclusion of a financing framework agreement with banks in the Islamic Republic of Iran. This is the first agreement of this type between a European credit institution and Iranian banks since the easing of sanctions against Iran in early 2016. 

Schoenherr has advised BK Invest GmbH on its acquisition of atms Telefon- und Marketing Services GmbH, which also includes sms.at mobile internet services GmbH, from German company dtms GmbH. The financial terms of the transaction were not disclosed.

Wolf Theiss has advised The Student Hotel Group on preparations for a new 822-room flagship hotel in Vienna, including on its acquisition of real property and on the drafting and development (design and build) agreement. Hule Bachmayr-Heyda Nordberg reportedly advised the sellers and developers of the real property, the S+B Gruppe.

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