Freshfields Bruckhaus Deringer has advised DVB Bank SE (DVB), a subsidiary of DZ BANK AG, on the sale of DVB’s Land Transport Finance division to Landesbank Hessen-Thüringen (Helaba).

The purchase agreement provides for the entire Land Transport Finance client lending portfolio (€1.4 billion as at 30 June 2018) and employees to be transferred to Helaba. Closing of the agreement is subject to the approval of antitrust authorities, as well as other conditions customary in the market. The sale is expected to be closed during the first half of 2019.

Linklaters has advised ING Bank Slaski S.A. on the acquisition of a 45%-stake in investment fund management company NN Investment Partners TFI S.A. from NN Investment Partners International Holdings B.V. with the aim of strengthening the long-term partnership between NN Investment Partners and ING Bank Slaski in relation to the distribution of investment funds of NN Investment Partners TFI.

Davis Polk advised the underwriters in the initial public offering and listing on the Hong Kong Stock Exchange and the international offering in reliance on Rule 144A and Regulation S of AsiaInfo Technologies Limited. The net proceeds from the offering amounted to approximately HK$865.3 million (US$110.6 million) prior to the exercise of the over-allotment option.

Global law firm White & Case LLP has advised a group of banks on the issuance of US$500 million Trust Certificates due 2025, with National Central Cooling Company PJSC (Tabreed) acting as the Seller and Service Agent.

Ashurst is advising Greenhill as sponsor and joint financial adviser and Goldman Sachs as joint financial adviser in relation to the proposed return of capital of up to £509 million to shareholders of Greencore Group plc by way of a tender offer. The proposed return of capital is conditional upon shareholder approval at the annual general meeting of Greencore to be held on 29 January 2019. A circular setting out details of the tender offer is expected to be published by Greencore on 20 December 2018.

Ashurst advised Santander Group in relation to its acquisition of Albert, an invoicing and expenses app for sole traders and micro-businesses. Santander Group has acquired the entire business for an undisclosed amount.

The acquisition is part of Santander's mission to support the UK’s 5.7 million small business owners. The Albert app will continue to operate business as usual and there will be no disruption to the service enjoyed by its customers.

Firm advises on Palatine Private Equity acquisition of CET UK from Dunedin.

Palatine Private Equity, a UK mid-market private equity house, has acquired Derbyshire based CET UK, a major provider of outsourcing services to the insurance and construction industries, from Dunedin.

The Burges Salmon team, led by Banking partner Rachael Ruane, advised long term client Beechbrook Capital in their capacity as mezzanine lender on all legal aspects of funding for the transaction.

Watson Farley & Williams (“WFW”) advised Deutsche Bank AG, London Branch (“Deutsche Bank”), in relation to a US$180.5m term facility provided to Poseidon Containers Holdings LLC (“Poseidon”) to repay and extinguish a previous secured bank debt facility.

Davis Polk advised the dealer managers in connection with a cash tender offer by Koninklijke Ahold Delhaize N.V. for up to $350 million principal amount of its 5.70% senior notes due 2040.

The Firm recently represented JPMorgan in connection with an amendment to Wolverine World Wide’s credit facility to, among other things, provide for (a) a term loan A facility in an aggregate principal amount of $200 million, and (b) an increased revolving credit facility with total commitments of $800 million.