Slaughter and May is advising Oddo & Cie on the disposal of Kleinwort Benson Investors to Amundi Asset Management. Kleinwort Benson Investors, a fast-growing equity management firm headquartered in Dublin and with offices in Boston and New York, is part of the BHF Kleinwort Benson Group which was recently acquired by Oddo & Cie.

Slaughter and May also advised Oddo & Cie on the disposal of the Kleinwort Benson wealth management business in the UK and Channel Islands to Société Générale, which was announced in March 2016.

Davis Polk advised Delta Lloyd N.V. (“Delta Lloyd”) on a fully underwritten rights offering of 227,567,943 new ordinary shares at a price of €2.85 per share, which raised net proceeds of approximately €650 million. The rights offering comprised public offers in the Netherlands and Belgium and private placements in certain other jurisdictions to institutional investors, including in the United States. The new ordinary shares were admitted to trading on Euronext Amsterdam and Euronext Brussels.

Istanbul, Turkey, May 20, 2016 - Baker & McKenzie has assisted ING with its provision of a loan to Acibadem, one of Turkey’s leading healthcare groups, for the purchase of healthcare equipment from a German manufacturer.

International law firm Berwin Leighton Paisner (BLP) has advised TSX-v listed SDX Energy Inc. (SDX) on its admission to trading on AIM and private placement fundraising on AIM for a total of approx. US$11m. Admission became effective today. The proceeds of the placing will allow SDX to pursue its goal of doubling current production in Egypt and complete a 3D Seismic programme, also in Egypt.

In a landmark deal for the oil & gas sector, SDX's admission to AIM is the first IPO in the sector in London this year.

Eversheds has advised Investec Bank plc (as Nomad and Joint Broker) and Zeus Capital Limited (as Joint Broker) in connection with the acquisition of Bibendum PLB Group and £32m placing of new shares by Conviviality Plc.

Conviviality Plc today announced the acquisition of Bibendum PLB Group, one of the largest wine, spirit and beer distributors and wholesalers to the UK on-trade and off-trade markets, for an enterprise value of £60 million.

The acquisition was part funded through a placing of £32 million new ordinary shares.

Dubai—Dentons advised Kuwait's Boubyan Bank on its issuance of US $250 million Perpetual Tier 1 Capital Certificates, which completed on 16 May 2016. The transaction represents the world's first public fully Basel III-compliant Tier 1 Sukuk, while also being the first ever public Sukuk from a Kuwaiti bank, and the first public Sukuk out of Kuwait since 2007.
The Capital Certificates were listed on the Irish Stock Exchange and NASDAQ Dubai and were offered to sophisticated investors outside of the United States in reliance on Regulation S under the US Securities Act 1933.

King & Wood Mallesons has advised Auswide Bank Ltd in relation to its acquisition by way of demutualisation and scheme of arrangement of Queensland Professional Credit Union Ltd (trading as Your Credit Union) (YCU). The cash and scrip deal, which was implemented today, is the first merger between a listed bank and mutual ADI in over ten years.

The KWM team was led by Brisbane-based partner Rhys Casey, supported by solicitors Akshay Naran and Stephanie Courtice. Philip Pan and Natalie Caton assisted with the scheme court process and Katrina Parkyn on tax.

On 6 May 2016, EFIAG – Emissions- und Finanz AG (EFIAG) issued its first bond, lead managed by Bank Vontobel AG and Regiobank Solothurn AG. It is a fixed rate bond in an amount of CHF 100 m, paying an annual interest of 0.375 per cent. and with a duration of 5 years.

Shearman & Sterling advised Alpha Bank and Eurobank on the agreement they have reached with KKR Credit in which the banks agree to assign the management of certain exposures to a selected number of Greek companies into a platform managed by Pillarstone. 

The platform will provide fresh long-term capital and operational expertise to large Greek corporate borrowers helping them stabilize, recover and grow for the benefit of all stakeholders. The Greek banks will share in the upside as the businesses’ performance recovers. 

Cravath represented the initial purchasers, led by J.P. Morgan Securities, in connection with the €471 million 144A/Reg. S high-yield senior secured floating rate and senior secured fixed rate notes offering of BiSoho S.A.S., a portfolio company of Shandong Ruyi Group. Proceeds of the offering will be used to finance the acquisition of SMCP S.A.S., a international apparel and accessories retail group. The notes were listed on the Luxembourg Stock Exchange.The transaction closed on May 18, 2016.