Dentons advised Starwood Capital Group, a leading global private investment firm, on the acquisition of Building Five, a modern office building forming part of the Quattro Business Park located in Krakow, Poland. The asset is currently under construction.
International law firm Stephenson Harwood LLP has advised AET on its purchase from Golden Energy Tanker Holdings of the 50 percent stake in Paramount Tankers which it did not already own, leaving AET as sole shareholder. The purchase price was not disclosed.
AET is one of the world’s leading tanker owners and provides ocean transportation and petroleum logistics services for oil companies, trading houses and refiners worldwide. Paramount Tankers owns and operates six Aframax vessels which will transfer to AET’s current fleet of 96 vessels.
4 April 2016, Shenzhen Selen Science & Technology Co., Ltd. (Selen Science & Technology, stock code: 002341) and Japanese T&T Enertechno Co., Ltd. (T&T) have officially signed a package of M&A framework agreements in Tokyo. According to the agreement, Selen Science & Technology purchased lithium battery aluminum-plastic film soft bag business from T&T with a consideration of 9.5 billion Japanese yen (approximately US$88.35 million).
London — Mayer Brown has advised CITIC Telecom International CPC Limited ("CITIC Telecom CPC"), a leading international information and communication technology solutions provider, on the acquisition of the telecommunication assets of Linx Telecommunications B.V. ("Linx").
King & Wood Mallesons has advised Pembroke Resources on the acquisition of interests in metallurgical coal tenements that collectively encompass the Olive Downs Complex in Queensland’s Bowen Basin for A$120M.
Pembroke Resources is an Australian-based company backed by leading resources and energy-focused global private equity firm, Denham Capital.
DLA Piper has advised the international beverage can producer, Ardagh, on the acquisition of production sites in Europe, Brazil and the United States for USD 3.42 billion from US-based Ball Corporation and the British company Rexam.
Ashurst acted for a consortium (Consortium) comprising of Bain Capital Credit, LP (Bain) and Deutsche Bank Sydney Branch (DB) in respect of the acquisition, financing and transaction structuring of the A$1.6 billion acquisition of GE's Australian and New Zealand commercial finance business.
In a deal recently recognised by Infrastructure Partnerships Australia (IPA), Herbert Smith Freehills advised Rothesay Life on its acquisition of the base rental stream on the Westlink M7 Tollroad from the NSW Government.
In an Australian first, the acquisition of the tollroad base rental was completed through a structured assignment of the base rental stream, using a master trust structure. Last month the deal won the Financial Excellence Award at IPA’s 2016 National Infrastructure Awards, in recognition of the deal’s financial innovation and excellence.
Roschier represented Orkla, the leading supplier of branded consumer goods and concept solutions to the grocery, out-of-home and bakery markets in the Nordics, Baltics and selected markets in Central Europe and India, and its subsidiary Pierre Robert in the acquisition of four well-known textile brands Norlyn, Amar, Black Horse and Finnwear from Nanso Group.
The strategically important acquisition will expand Pierre Robert’s presence in the Nordic region with the addition of well-established brands in the product portfolio.
Shearman & Sterling is advising Hong Kong-listed Phoenix Healthcare on its approximately US$160 million acquisition of hospitals of CITIC Medical & Health Group (CITIC Medical).
CITIC Medical is a wholly owned subsidiary of CITIC Group Corporation, a large-scale state-owned enterprise under the administration of the State Council of the PRC. It is principally engaged in the businesses of medical and healthcare services and other related businesses.