Milbank, Tweed, Hadley & McCloy advised BPI Capital Corporation and Maybank Kim Eng Securities Pte. Ltd. as joint global coordinators and bookrunners in connection with integrated property developer D.M. Wenceslao & Associates, Inc.’s (“DMWAI”) initial public offering of 679,172,800 Common Shares, valued at US$152 million. This marks the first IPO in the Philippines in 2018 and the first international IPO out of the Philippines in almost two years. The company was listed on the Philippine Stock Exchange (PSE) on June 29, 2018.

Davis Polk advised the joint lead managers in connection with Mizuho Financial Group, Inc.’s debut SEC-registered takedown offering of Australian dollar-denominated senior notes, which consisted of A$275 million aggregate principal amount of 3.752% senior notes due 2023 and A$350 million aggregate principal amount of floating-rate senior notes due 2023. The notes are structured to count as total loss-absorbing capacity (“TLAC”) when TLAC regulations are implemented in Japan. The notes are listed on the Singapore Exchange Securities Trading Limited.

Ashurst advised Greensill, the market-leading provider of working capital finance for companies globally, in relation to a $250 million investment from General Atlantic, a global growth equity firm, which values the business at $1.64 billion.

Schulte represented Cerberus Business Finance LLC and TCW Asset Management Company LLC and their respective affiliates in their acquisition of Patriot Services LLC (now known as Carrier & Technology Solutions LLC) through a Chapter 11 plan of reorganization. Carrier & Technology Solutions LLC is a national provider of comprehensive technology and outsourcing solutions to the insurance industry. The company and its subsidiaries emerged from bankruptcy on July 2, 2018.

Ashurst advised UniCredit Bank AG (UniCredit) on the financing of Freenet AG's acquisition of a stake in Ceconomy AG, the owner of electronic retail chains Media Markt and Saturn. UniCredit provided mobile phone provider Freenet with an investment bridge loan of €280 million. With the help of the loan, Freenet secured, within the framework of a capital increase, 9.1 percent of the ordinary shares of Ceconomy. The capital increase will later be refinanced via the capital market. In the financing, UniCredit acted as bookrunner, coordinator, facility agent and sole lender.

Intergamma, known for the DIY-formulas Gamma and Karwei in The Netherlands and Belgium, has completed the acquisition of Van Neerbos Groep. With 156 stores, Van Neerbos Groep was the largest franchisee of Intergamma before the acquisition. As a result of the acquisition, Intergamma now consists of own stores as well as franchisees. Clifford Chance has acted for the lenders on the financing of this acquisition.

CMS is advising Numis Securities Limited (“Numis”) as financial adviser, joint underwriter and joint broker, and Nplus1 Singer Capital Markets Limited (“N+1 Singer”) as joint underwriter and joint broker on the £105.7m rights issue by main market listed Future plc (“Future”) to fund its proposed $132.5m acquisition of the B2C business of Purch Group, Inc. (“Purch B2C”), a leading US digital media publisher operating in the consumer technology and science verticals (the “Acquisition”).

Doctari, a Berlin-based healthcare staffing company, was acquired by Vitruvian Partners.

Willkie acted as legal advisor to Permira Credit Solutions III G.P. Limited with respect to the financing for a partnership between Vitruvian Partners and doctari.

Founded in 2008, doctari is one of the leading HR service providers in the German health care sector with 100 employees. As of 2018 doctari matched 15,000 trained specialists with 5,000 medical facilities.