Lawyer Monthly Magazine - October 2019 Edition

85 OCT 2019 | WWW.LAWYER-MONTHLY.COM Transactions Reports This announcement appears as a matter of record only Moody’s Acquires RiskFirst Advisers to RiskFirst: Moody’s Acquires RiskFirst Moody’s Corporation (NYSE:MCO) announced that it has acquired RiskFirst, a leading FinTech company providing risk analytic solutions for the asset management and pension fund communities. The acquisition positions Moody’s Analytics to extend its range of market-leading risk solutions to the institutional buy-side. RiskFirst’s award-winning PFaroe® platform is a leading risk solution for U.S. and U.K. defined benefit pension markets, supporting over 3,000 plans and more than $1.4 trillion in assets. RiskFirst also offers innovative solutions for the institutional investment market, including endowments, foundations and asset managers. Goldenhill acted as M&A adviser to Riskfirst with Chris Brooke leading the team. One of the main reasons they were chosen to advise RiskFirst was due to their specialisation in and in-depth knowledge of the Financial Technology space, together with established relationships with most of the potential buyers of RiskFirst. Commenting on the contribution of Goldenhill to the process, Matthew Seymour, CEO of RiskFirst said, “We were pleased to work closely with Goldenhill during this process which has resulted in this successful sale of the company to Moody’s. We chose to work closely with Goldenhill in this process because of their relevant business and transaction experience in the Fintech sector and their relationships with the key players who are seeking to significantly enhance their capabilities in risk analytics and reporting solutions space.” This announcement appears as a matter of record only Joint Venture of Olympia Group Ltd. and Media- Saturn-Holding GmbH on their Greek business Legal adviser to Olympia: Legal adviser to Ceconomy: Legal advisers to Media-Saturn-Holding GmbH: Media-Saturn Completes The Reorganization of The Greek Business Papadimitriou – Pimblis & Partners were the legal advisers to Olympia Group SA in the transaction resulting in the strategic partnership of Olympia Group SA (Olympia), shareholders of Public stores in Greece and Cyprus, and Media-Saturn-Holding GmbH (MSH), shareholders of MediaMarkt stores in Greece. The Firm’s involvement included mainly the following: • Conduct of legal due diligence of the entity operating the MediaMarkt stores in Greece. • They provided legal advice to Olympia on the establishment of a Joint Venture Company where the shares of the entities operating the Public stores in Greece and Cyprus and the MediaMarkt stores in Greece where contributed. As per the values calculated, the participation quota in the Joint Venture Company was established as 75% Olympia Group and 25% MSH. Negotiations on the agreement for the establishment and operation of the Joint Venture Company were challenging and unique mainly due to the fact that the traditional roles of “seller” and “purchaser” were not evident in the particular transaction, as both parties were contributing assets to the JV. • The Firm also advised Olympia on the Shareholders’ Agreement, governing the decision-making process of the Joint Venture Company and veto rights of the minority shareholder (MSH).