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Asset Sale: Acquiror's Counsel

Statoil Fuel and Retail's takeover of Shell's Danish downstream business approved by European Commission

01 Apr 2016

Plesner has assisted Statoil Fuel & Retail A/S ("SFR") in obtaining Phase I approval of its proposed acquisition of Shell's retail, commercial fuels and aviation businesses in Denmark.
In March 2015, SFR, the wholly-owned indirect Danish subsidiary of Alimentation Couche-Tard Ltd. of Canada, announced an agreement with A/S Dansk Shell to acquire Shell's retail, commercial fuels and aviation businesses in Denmark.
 

Firm Advises on Four Award-Winning Asia Deals

31 Mar 2016

Latham recognized by Asian-MENA Counsel for its role in milestone deals spanning project finance, capital markets and M&A.

Latham & Watkins advised on four “Deals of the Year” and two matters that received Honorable Mentions in the Asian-MENA Counsel 2015 “Deal of the Year” awards. The winning work spanned milestone project finance, capital markets and M&A transactions across Asia. According to Asian-MENA Counsel, the matters stood out for “demonstrating size, uniqueness, complexity and innovation.”

KWM drives acquisition of power plant valued at $151 million

31 Mar 2016

King & Wood Mallesons (KWM) has advised APA Group on its acquisition to buy AGL Energy out of their interest in the Diamantina power plant in Queensland.

The acquisition fits within APA’s growth strategy by adding further to their infrastructure business. The KWM team was led by Partner Craig Rogers and Senior Associate Roderick Smythe - with support from Theadora Tsangari and Michelle Crocker.

Commenting on the deal, Partner Craig Rogers said, “We’re delighted to assist APA Group execute another of its important transactions.”

Linklaters advises Chinese Estates' on first acquisition in London since 2011

29 Mar 2016

Linklaters has acted for Chinese Estates’ on its acquisition of 14 St George Street, Mayfair, in what is believed to be the first deal since it acquired Goldman Sachs' HQ in Fleet Street for £300m in 2011.

The Mayfair office is the London headquarters of private bank Kleinwort Benson and was sold by Aberdeen for £121.7m bringing in a 3.5% yield.   Designed by Eric Parry, the four-storey building comprises 51,861 square feet and is located on Bond Street, close to the entrance to the Elizabeth Line.

Norton Rose Fulbright advises Sonnedix on its expansion in Italy with the acquisition of Solar Holding

24 Mar 2016

Norton Rose Fulbright has advised Sonnedix Italia S.r.l. a company belonging to the Sonnedix Group, an independent solar power producer, on the acquisition of Solar Holding, owner of a portfolio of solar photovoltaic projects in Italy having an aggregate capacity of around 48MWp. The sellers included Diamond Generating Europe  (a 100% subsidiary of Mitsubishi Corporation) and Innovation Network Corporation of Japan.

Hengeler Mueller advises KKR on acquisition of Airbus Defence Electronics Business

23 Mar 2016

Companies owned by funds advised by Kohlberg Kravis Roberts & Co. (“KKR”) have reached an agreement with Airbus Group SE to acquire the Airbus Defence Electronics Business.

Hengeler Mueller is advising KKR on this transaction. The Hengeler Mueller team includes partners Maximilian Schiessl, Christian Schwandtner (both Corporate/M&A),

Hengeler Mueller advises PWREF II on acquisition and financing of “Marieninsel” in Frankfurt

22 Mar 2016

Perella Weinberg Real Estate Fund II LP (“PWREF II”) has acquired the Frankfurt “Marieninsel” project and has recently been granted a syndicated loan by pbb Deutsche Pfandbriefbank (“pbb”) and Deutsche Hypothekenbank (Actien-Gesellschaft) (“Deutsche Hypo”) of approximately €267m. The loan agreement was signed at the end of February 2016.

Homburger advises I.M.A. Group, Italy, in the acquisition of the medtech business from Komax group, Switzerland

22 Mar 2016

On March 14, 2016, I.M.A. Industria Macchine Automatiche S.p.A. (I.M.A.), Bologna, Italy (Milan Stock Exchange: IMA), announced that it signed an agreement to acquire Komax group's medtech business. Komax group is a leader in the market of machines for assembling medical products for self-medication, such as inhalers, syringes and insulin injection systems. Closing of the acquisition is subject to relevant antitrust approvals.