Beijing/Hong Kong – Paul Hastings LLP, a leading global law firm, announced today that it has advised Deutsche Securities Asia Limited and Haitong International Capital Limited as joint sponsors on the HK$756 million global offering and listing on the Main Board of the Hong Kong Stock Exchange by Weimob Inc.
Deutsch: Orrick berät Seed Fonds Aachen und Mönchengladbach und DSA Invest bei Investment in Mobilitätsplattform MOQO
Orrick advised Seed Fonds III Aachen und Mönchengladbach and DSA Invest II, the investment arm of automotive electronics developer DSA Daten- und Systemtechnik, on their seed investment in the MOQO mobility platform.
MOQO is a Software as a Service (SaaS) offering operated by Digital Mobility Solutions GmbH that enables small and local providers to offer scalable shared mobility services.
Members of Orrick’s Paris team advised Caisse des Dépôts et Consignations on an investment, alongside the HPC Group, in a joint venture that will develop, hold and operate a holiday village with a land area of 58,000 sq. m. and a floor area of more than 18,000 sq. m. at Grau-du-Roi, France.
Herbert Smith Freehills has advised the Commonwealth Bank of Australia (CBA) in relation to its successful consortium bid to acquire 100% of Property Exchange Australia Limited (PEXA). The transaction, which values PEXA at approximately A$1.6 billion, prevailed over PEXA’s anticipated initial public offering (IPO).
CBA is joined in the successful consortium by existing PEXA co-shareholder Link Group and Morgan Stanley Infrastructure Partners (MSI).
King & Spalding represented UK-based development finance company Maslow Capital in connection with the 4th year renewal of a real estate investment joint venture with TPG Sixth Street Partners (TSSP) which is the dedicated credit and credit-related investment platform of TPG.
Osborne Clarke has advised N26 GmbH on the closing of its series D $300 million financing round. The financing round was led by venture capital and private equity firm Insight Venture Partners valuing N26 at $2.7bn. The round also includes participation from GIC, Singapore’s sovereign wealth fund, Allianz insurance and German venture capital firm Earlybird Venture.
Global law firm Norton Rose Fulbright has advised BOCI Asia Limited (BOCI) as the sole sponsor and sole global coordinator in relation to the global offering and listing of Weigang Environmental Technology Holding Group Limited on the Main Board of The Stock Exchange of Hong Kong Limited.
Weigang Environmental Technology Holding Group Limited is a leading comprehensive hazardous waste incineration turnkey solution provider in China, focused on the research, design, integration and commissioning of solid waste treatment systems, particularly for hazardous waste incineration.
Watson Farley & Williams (“WFW”) advised National Bank of Greece (“NBG”) on a >10 year non-recourse acquisition financing to a consortium comprising Snam, Enagás and Fluxys to fund approximately 65% of the consideration for its acquisition, through Senfluga Energy Infrastructure Holdings (“Senfluga”), of a 66% stake in the Hellenic Gas Transmission System Operator S.A. (“DESFA”) for €535m. Senfluga completed the acquisition of its shares in DESFA on 20 December 2018.
Ashurst ADTLaw* has advised Shanghai Pudong Development Bank Co., Ltd as arranger on a S$40 million term loan facility to a real estate development company listed on the Singapore stock exchange.
The Ashurst ADTLaw team was led by Director Lifen Tang and associate Eugene Ang also advised on the transaction.
Herbert Smith Freehills has advised the Commonwealth Bank of Australia and Westpac Banking Corporation on the project financing of Darlington Point Solar Farm, to be located approximately 10km south of Darlington Point in western New South Wales.
At financial close on 21 December 2018 funds managed by Octopus Investments acquired a majority stake in the project, their first in the Australian renewables market. Edify Energy has been developing the 275 MW(AC) solar farm, which will be Australia’s largest solar PV farm upon completion.