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Globalscope advised Yota Devices on its minority sale and fundraising to Rex Global

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RB Partners, a member of Globalscope and Partner of CatCap, acted as exclusive financial advisor of the Russian producer of first in the world dual-screen smartphones Yota Devices and MTH Limited (owned by Yota Devices management) in the deal with Hong Kong based Rex Global, that mainly focuses on leisure, tourism and entertainment-related businesses. Taking into consideration several stages of debt repayment to the current shareholders of Yota Devices and investments committed to development of the Company, the total deal size exceeds $126 mln.

About Yota Devices
Yota Devices is an international private company, engaged in development and production of high-tech consumer LTE-equipment (modems, routers, smartphones). At the end of 2014 the Company released its flagship smartphone YotaPhone2, representing the 2nd generation of the unique smartphone with two displays.
For further information, please visit: https://yotaphone.com

About Rex Global Entertainment Holdings Limited
Rex Global Entertainment Holdings Limited, that mainly focuses on leisure, tourism and entertainment-related businesses, is an investment holdings company which has been listed on the main board of The Stock Exchange of Hong Kong Limited since 1973. For further information, please visit: http://www.rex-ent.com

About CatCap and Globalscope
CatCap and the international M&A network Globalscope offer integrated cross-border M&A consulting services for medium-sized transactions. CatCap – a partner led corporate finance firm – advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. CatCap is based in Hamburg and Munich with 25 employees. Globalscope has 45 members in 37 countries with more than 500 professionals worldwide.
For further information, please visit www.catcap.com and www.globalscopepartners.com


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