London – Paul Hastings LLP, a leading global law firm, announced today that it has advised Jacobs Engineering Group Inc. on the acquisition of the patent rights for BAYQIK® quasi-isothermal sulfuric acid converter technology and other related technology from Bayer AG.

BAYQIK technology enables more efficient conversion of process gas with high SO2 concentrations. Bayer developed, piloted and commercialized the technology over the past 10 years. A full-scale installation based on the technology has operated successfully for seven years.

Weil is advising Univision Communications Inc., a leading American media company, with respect to the Hungarian aspects of the $135 million acquisition of Gawker Media Group’s digital media assets, following its filing for chapter 11 bankruptcy as a direct result of the Hulk Hogan invasion of privacy lawsuit. The deal, which will be accounted for as an asset purchase, includes the Gizmodo, Jalopnik, Jezebel, Deadspin, Lifehacker and Kotaku digital platforms of Gawker (Univision will not be operating the Gawker.com site).

Standard Life Investments acquires Shopping Centre Oranjerie, consisting of approximately 20,000 sqm for a value of EUR 50,000,000.

DLA Piper has advised Senvion, a leading global manufacturer of wind turbines, on the acquisition of a stake in the business operations of Kenersys India Private Limited, an India-based wind turbine manufacturer. By way of an asset deal, Senvion is acquiring the production facilities of Kenersys in Baramati, India, the rights to the Kenersys product portfolio, the wind turbine inventory and the entire service business of Kenersys India (220 megawatts) and is thus advancing its expansion in their new core market, India.

Through a structured bidding process, Deutsche Wohnen AG acquired a nationwide operating nursing home portfolio of Berlinovo GmbH. With a purchase price of EUR 420.5 m., it is the largest nursing home transaction in Germany to date in 2016. It is still subject to approval by the antitrust authorities.

A team led by Dr. Peter Zimmermann, Partner at the Düsseldorf office of business law firm Heuking Kühn Lüer Wojtek, advised Corpus Sireo on the acquisition of the headquarters of Zurich Insurance in Cologne and Bonn. The package includes the head management office on Poppelsdorfer Allee, the building on Rabinstraße in Bonn, and the complex on Riehler Straße and Worringer Straße in Cologne. The contract was closed on August 18, 2016. The purchase price was not disclosed.
 

Baker & McKenzie acted as counsel to the trustee of New Century Real Estate Investment Trust (“New Century REIT”), in relation to New Century REIT's acquisition of Holiday Inn Eindhoven, The Netherlands for a total consideration of €25.7 million (equivalent to approximately RMB189 million). This acquisition is the first by a Hong Kong listed REIT outside of Hong Kong and China.

The Baker & McKenzie team was led by Jeremy Ong, Special Counsel, who is part of the Firm's Financial Services practice in Hong Kong/China.

International law firm Watson Farley & Williams (“WFW“) is delighted to have successfully advised Copenhagen Infrastructure Partners (“CIP”) on the acquisition, on behalf of its Copenhagen Infrastructure II fund, of two onshore wind projects in Texas from Tri Global Energy. The acquisition is CIP’s first foray into the US renewables sector.

The acquisition marks the beginning of Forest Heath District Council’s ownership of the largest public authority owned solar farm in the UK. It will play a major part in delivering Forest Heath District Council with an annual income stream which will contribute significantly towards the cost of the day-to-day services that Forest Heath District Council delivers to its communities.

The old DSB (Danish Rail) headquarters situated at Sølvgade in Copenhagen, today converted into prime student accommodation, have been acquired by CBRE Global Investment Partners together with its partner Triton Development North ApS. The vendor of the historic building was Ejendomsselskabet Norden. Plesner has advised on the acquisition.