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Asset Sale: Acquiror's Counsel

Ashurst advises Champion Iron on C$53.3m acquisition

28 Apr 2016

Ashurst has advised Champion Iron Limited (Champion) (listed on ASX and TSX) on the acquisition of Bloom Lake Mine and acquisition financing by way of private placement.

Champion acquired the following assets from Cliffs Quebec Iron Mining and affiliated entities (Cliffs):

* Bloom Lake Mine - all mine site infrastructure and mining equipment and processing facility at the 'Bloom Lake Mine'
* Rail Assets - a 36km short-line railway that connects the Bloom Lake Mine to the Northern Land Company railway; and

Setterwalls has assisted Riksbyggen in the acquisition of the old police station

27 Apr 2016

Setterwalls advised Riksbyggen in the acquisition of the historic property Kamelen 14, the old police station in Malmö. The property is acquired from Söderport Fastigheter, which is owned equally by Hemfosa Fastigheter AB and Sagax. The old police station today consists of 13 500 m3 of office and business premises but now a final plan for the area allow for conversion to housing. Riksbyggen is planning to convert the property to 120-150 new apartments distributed in two to three housing associations. The purchase price amounted to MSEK 170.

DLA Piper advises KGAL on the acquisition of office property in Düsseldorf

27 Apr 2016

DLA Piper has advised the KGAL Group on the acquisition of the high-rise office building Düsseldorf Office Center Kaistrasse (DOCK), in the Media Harbour of Düsseldorf, the capital city of the Federal State. The seller of the DOCK is a German family office who were represented throughout the transaction by the Berlin property company 3H real estate.

GvW Graf von Westphalen advises on the sale of a C&C portfolio MAS Real Estate

27 Apr 2016

Upon instruction by an SPE of a leading European real estate investment manager, GvW Graf von Westphalen advised on the sale of a portfolio consisting of three German wholesale properties to the institutional investor MAS Real Estate.

The so-called "Thales" portfolio consists of three cash & carry market in in Wiesbaden, Maulburg and Freudenstadt which are under long-term leases to Edeka.  The lettable space is a total of around 21,800 m². The purchase price was around EUR 28.4 Mio.

Norton Rose Fulbright advises Gottfried Friedrichs on acquisition of Stührk food brand

22 Apr 2016

Norton Rose Fulbright has advised Gottfried Friedrichs KG on the acquisition of rights in the brand Stührk from Stührk Delikatessen Import GmbH & Co. KG. The team also advised on insolvency and employment law aspects of the transaction.

Gottfried Friedrichs is a leading European supplier of premium fish delicacies and is considered prominent in sustainable fishing. The owner-managed company based in Hamburg, and with a local heritage of over 100 years, will soon be supplying salmon and caviar products under the name Stührk.

Hengeler Mueller advises EPH on acquisition of lignite operations from Vattenfall

21 Apr 2016

Vattenfall has today signed an agreement to sell Vattenfall’s lignite operations to the Czech energy company EPH with its financial partner PPF Investments. Within the
transaction, EPH Group together with PPF Investments will acquire four lignite-fired power stations with a total capacity of 8,000 MW from Vattenfall located in Eastern
Germany and the associated open-cast mines in the Lausitz region.

Slaughter and May is advised Alibaba Group Holding Limited - acquisition of the media business of SCMP Group Limited

20 Apr 2016

Slaughter and May, Hong Kong, advised Alibaba Group Holding Limited (Alibaba) in relation to its acquisition, through its subsidiary Alibaba Investment Limited, of the media business of SCMP Group Limited (SCMP), a company listed on the Hong Kong Stock Exchange, for a total consideration of approximately HK$2.06 billion. The acquisition was announced in December 2015 and was subject to (among others) SCMP shareholders’ approval due to its constituting a very substantial disposal by SCMP under the Listing Rules.

Dentons advises Orion on the acquisition of Valle Aurelia Mall

20 Apr 2016

Dentons advised Orion Capital Managers on the Orion European Real Estate Fund IV’s acquisition of 100% of shares of Valle Aurelia Mall S.r.l. from CDS Holding S.p.A.

Partners Federico Sutti, Maria Sole Insinga and Federico Vanetti advised the client on all legal matters related to the transaction.

Orion plans to further develop the Valle Aurelia shopping center, which is located near the Vatican and has an overall leasable surface of 22,000 sq. m., including 60 stores and a hypermarket.