Orchard Enterprises Entertainment GmbH signed a sale and transfer agreement to acquire finetunes GmbH from SendR SE (DB:SD1) for approximately €23.6 million on May 3, 2017. The transaction also includes acquisition of all shares of finetunes GmbH's subsidiary Phonofile AS. The transaction is subject to several conditions precedent including approval of general assembly of SendR SE several other conditions. The transaction was approved by the annual general meeting of SendR SE in July 2017. Michael Schaumann, Alexander Kessler, John-Patrick Bischoff, Christian Bürger, Michael Zenker, Anna Recker and Adrian Kesting of GÖRG Rechtsanwälte acted as legal advisors to SendR SE. Hans-Christian Donjem of Haavind AS acted as legal advisor to the GÖRG Rechtsanwälte team. Carsten Bartholl, Robert Wethmar, Alexander Roth, Oliver Rothley, Xiaowen Paulus-Ye, Christian Kupfer, Falko Maurer, Gregor Schmid, Katharina Reuer, Marco hartmannRüppel and Philipp Köppen of Taylor Wessing and Lars Berge Andersen, Ketil Sellæg Ramberg, Erik Lind, Lars Andre Strøm Arnesen, Aksel Hageler, Heidi Magnussen and Camilla Lous of Steenstrup Stordrange acted as legal advisors to Orchard Enterprises Entertainment GmbH.