CNP acts for TA Activity Pte. Ltd. on sale of equity and debt investments in Luxola Pte. Ltd. to Sephora

Deals and cases

CNP acts for TA Activity Pte. Ltd. on sale of equity and debt investments in Luxola Pte. Ltd. to Sephora

Wednesday 5 August 2015

Colin Ng & Partners LLP (“CNP“) recently acted as counsel for TA Activity Pte. Ltd. (“TAA“) as a seller of its equity and debt investments in Luxola Pte. Ltd. (“Luxola“) to Sephora.

Luxola is the holding company for a group operating an on-line beauty products store in markets in SE Asia. Sephora is a subsidiary of the French luxury group LVMH – Moët Hennessy Louis Vuitton headquartered in Paris. TAA is a Singapore investment vehicle belonging to Toivo Annus, a founder of Skype, that invests in b2c retailers and drone ecosystem companies.

The CNP partner advising TAA was Bill Jamieson from the firm’s Funds and Financial Services team.