Shearman & Sterling advised Flex Capital and its portfolio companies Marbis (Nitrado) on the financing for the add-on acquisitions of APEX Hosting and MCProHosting. With the acquisitions Marbis (Nitrado) is becoming the global leader for game server hosting.

Shearman & Sterling advised the shareholders of ]init[ AG für digitale Kommunikation, a Berlin-based digital company, on the financing of the participation of Gilde Buy Out Partners as further shareholder in addition to EMERAM Capital Partners, Dirk Stocksmeier, founder and chairman of the supervisory board, and the management. Funds advised by Gilde Buy Out Partners have agreed to purchase a minority stake. The goal of the newly formed group of shareholders is to further expedite ]init[‘s growth, to expand its international focus and to realize acquisitions.

Shearman & Sterling advised Chesapeake Energy Corporation in connection with its purchase and sale agreement, through its subsidiaries, to sell its oil and gas assets in the Powder River Basin in Wyoming to Continental Resources.

Shearman & Sterling advised Chesapeake Energy Corporation in its definitive agreements, along with its subsidiary Chesapeake Appalachia, L.L.C., to acquire 100 percent of the interests of Chief E&D Holdings LP and associated non-operated interests held by affiliates of Tug Hill, Inc.

Shearman & Sterling advised an investor consortium consisting of funds advised by ECM Equity Capital Management, PINOVA Capital and Gilde Healthcare Private Equity on the financing of the acquisition of a majority stake in DETAX Group, a leading supplier of polymer materials for medical applications, in connection with a management buy-out. The Investor Consortium and the management team aim to further promote growth by internationalization, digitalization and innovation.

Shearman & Sterling represented the Province of Ontario in connection with Ontario’s public offering of $1.5 billion of its 2.125% bonds due January 21, 2032. Application has been made to the Luxembourg Stock Exchange (LSE) for the bonds to be admitted to trading on the Euro MTF Market of the LSE.