McDermott advises INTERGLOBAL on sale of Ovalo
McDermott Will & Emery advised INTERGLOBAL Industrieholding GmbH on the sale of its holdings in Ovalo GmbH.
McDermott Will & Emery advised INTERGLOBAL Industrieholding GmbH on the sale of its holdings in Ovalo GmbH.
BIMobject AB (publ) has resolved on a directed placement of new shares of around SEK 166.7 million to Danish Solar A/S. Solar also acquires existing shares in BIMobject of around SEK 50.4 million.
Vinge (capital markets and public M&A partner Erik Sjöman and senior associate Fredrik Christiansson) advised BIMobject.
After Castellum's acquisition of Norrporten, the second-largest real estate deal in Sweden of all time, Castellum announced that divestments were to be made to finance the acquisition of Norrporten. Therefore, Castellum has during the autumn of 2016 entered into share purchase agreements for the sale of a major real estate portfolio divided into four transactions and at a total sales price of just over SEK 5.7 billion.
Travers Smith LLP has advised Zoopla Property Group plc (ZPG), one of the UK's leading property sales websites, on its acquisition of Hometrack for £120m.
ZPG owns and operates some of the UK’s most trusted home-related digital platforms including Zoopla, uSwitch, PrimeLocation and Property Software Group and aims to provide the most useful resources for consumers when finding, moving or managing their home and be the most effective partner for related businesses.
Zug Estates Holding AG (SIX: ZUGN) has successfully issued its first CHF 100 mio. fixed-interest bond with a 0.7% coupon and a 5-year maturity.
Walder Wyss acts as legal counsel to Zug Estates on this capital market transaction. The Walder Wyss Team is being led by Alex Nikitine (Partner, Capital Markets, M&A) and further includes Sarah Schulthess (Associate, Capital Markets, M&A) and Janine Corti (Counsel, Tax).
Japan-based Sharp Corporation, part of Taiwan's Foxconn Group, enters into a strategic business alliance with Skytec Group Limited ("Skytec") regarding the manufacture and sale of Sharp branded products and services in Europe. For that purpose, Sharp acquires a majority stake of 56.7% in the newly incorporated joint venture Skytec UMC Ltd.
LETT has assisted the partners of Colliers International Danmark A/S with the divestment of a controlling stake to Colliers International.
Colliers International Group, a NASDAQ listed Canada-based company, providing services in commercial real estate, residential property management and property services, has acquired an undisclosed controlling stake in Colliers International Danmark A/S (Colliers Denmark), a Denmark-based provider of investment sales, lease brokerage, valuation and corporate services.
Linklaters has advised Brookfield Property Partners on the successful sale of a 50% stake in the Principal Place development to the Italian asset management company Antirion SGR. The deal is based on a total valuation for the office and retail portion of the development of £763 million.
On 12 January 2017, IMMOFINANZ AG invited the holders of its EUR 515.1 million 4.25% senior unsecured convertible bonds due 2018 to convert their outstanding bonds into ordinary IMMOFINANZ shares and ordinary BUWOG shares or to accept payment of a corresponding cash settlement in exchange for their BUWOG shares. This conversion offer was limited to 45% of the nominal amount of outstanding bonds and was not addressed to retail investors.
Gowling WLG's retail estate team has advised client Complex Development Projects (CDP) on the purchase of the former Coventry Telegraph headquarters from Trinity Mirror Group.
One of the most iconic post-war buildings in Coventry city centre, the deal is the latest in a series of innovative regeneration projects undertaken by CDP in the city. CDP plans to save the building and turn it into a unique, boutique hotel which will retain many of the original period features within the building as part of the project.