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Asset Sale: Acquiror's Counsel

DLA Piper advises Pfizer on $600 million vaccine acquisition

08 Aug 2014

DLA Piper has advised Pfizer on the acquisition of the commercial division of vaccines from Baxter. The deal, with a global volume of over US $600 million, has created a new division of Pfizer in the Austrian market.

Pfizer acquired a portfolio of two vaccines and the corresponding Austrian production facilities in Orth an der Donau. The two vaccines can protect against certain forms of meningitis, partially transmitted through tick bites. Following the completion of the transaction Pfizer will have its own production site in Austria.

Dentons advises Hines on Ambassador office building acquisition

07 Aug 2014

Dentons’ real estate team advised Hines Poland Sustainable Income Fund (HPSIF) on its first transaction: acquisition of the Ambassador office building in Warsaw from Kronos Real Estate.

This class A 11-floor building located in the rapidly developing business district of Mokotów, was constructed in March 2013 and was the first completed investment of Kronos in Poland.  The building offers 14,900 sq.m. of office space and 1,000 sq.m. of retail space. It is currently undergoing BREEAM assessment.

Trowers & Hamlins advises Electra Partners on the acquisition of two holiday parks

07 Aug 2014

Trowers & Hamlins is delighted to have advised private equity fund manager Electra Partners on its acquisition of Southview and Manor Park holiday parks from Bluebird Partners and a European bank for a total transaction value of £49 million.

Electra Private Equity PLC ("Electra") has invested £20 million and Investec Growth & Acquisition Finance has provided an integrated debt facility.

Mills & Reeve advises the Wellcome Trust on the acquisition of the Co-operative Group’s farm business for £249 million

07 Aug 2014

We have acted for global charitable foundation the Wellcome Trust in the largest and most complex acquisition of an agricultural portfolio. The acquisition of the agricultural business arm of the Co-operative Group for £249 million includes nearly 40,000 acres of land, making it the largest open market sale of agricultural land in the UK.

Paul Hastings Represents Nordstrom in the Acquisition of Trunk Club

04 Aug 2014

Los Angeles, CA- Paul Hastings LLP, a leading global law firm, announced today that the firm is representing fashion specialty retailer Nordstrom, Inc. (NYSE: JWN) in the acquisition of Trunk Club, a personalized clothing service for men.

The value of the deal was undisclosed. The transaction is subject to closing conditions, including customary regulatory and stockholder approvals, and is expected to close in the third quarter of 2014.

DLA Piper advises Tilad on the acquisition of a logistics centre in Offenbach

04 Aug 2014

DLA Piper has advised Tilad, a multi-family office from the Gulf region, on the acquisition of a logistics centre in Offenbach an der Queich.

Gutperle+Ertl GmbH, a family office based in Viernheim, and overseas private investors have each sold a section of the building for the logistics centre Interpark 37. The investment was financed by the Helaba Landesbank Hessen-Thüringen.

DLA Piper advises on $1.65 billion Nigerian oil and gas acquisition

31 Jul 2014

DLA Piper has advised Oando, the Nigeria-based integrated energy solutions provider, on the $1.65 billion acquisition of ConocoPhillips' offshore and onshore assets in Nigeria and the associated reserve-based, multi-source financing.

This acquisition will make Oando one of the largest indigenous oil producers both in Nigeria and Africa as a whole.

Norton Rose Fulbright advise Credit Agricole Corporate and Investment Bank on sale and leaseback of three car carriers

31 Jul 2014

Global legal practice Norton Rose Fulbright has advised Credit Agricole Corporate and Investment Bank (CACIB) on the sale and leaseback of three car carriers from Hoegh Autoliners, a leading global provider of roll on roll off (Ro/Ro) vehicle transportation services.

The three car carriers have a combined value of US$167m and were purchased by a CACIB subsidiary, financed by CACIB, and leased back to Hoegh Autoliners.

Addleshaw Goddard advises on over £860m of north west deals in just three weeks

30 Jul 2014

Addleshaw Goddard's Manchester M&A team has acted on key North West deals totalling over £860m in the last three weeks alone. The list of deals is a who's who of the key M&A activity in the region - the Co-operative Group's £620m sale of its retail pharmacy business, the investment in The Hut's by a consortium of investors led by KKR, Capita's £18.2m acquisition of Monarch Education, the takeover bid for listed company Pochin's plc and Assura's acquisition of The One Life Medical Centre.

Addleshaw Goddard advises Brighton University expansion master plan

30 Jul 2014

Addleshaw Goddard has advised Brighton University on its latest expansion with the acquisition of the Preston Barracks site in Lewes Road, Brighton.

The site, which will be developed in a joint venture with Cathedral, will form the core of the University’s £150 million redevelopment master plan, which covers three adjacent sites and will provide new employment space, academic buildings, student accommodation with1,300 bedrooms, 350 quality new homes and 25,000 sq ft of retail space.