International law firm Simmons & Simmons has advised Sidra Capital on the acquisition of BrandLoyalty’s headquarters in Den Bosch, the Netherlands for €42.8m. The Dutch real estate team, led by Rob Hendriks and Luc Cohen, supported Sidra Capital with the purchase from a private investor.
International law firm Simmons & Simmons has advised consumer healthcare company Venture Life Group plc (Venture Life or VLG) on the £4.2m acquisition of the Dentyl Dual action mouthwash product and a related placing led by Cenkos to raise approximately £18.75m, to fund this acquisition, repay VLG’s Convertible Bonds and vendor loan notes relating to the merger of its Italian manufacturing subsidiary, Biokosmes, and to strengthen VLG’s balance sheet to support the continued growth of the business and explore further strategic acquisition opportunities.
Real Estate investor BNP Paribas REIM has acquired a portfolio of three modern IBIS hotels in the region of Munich, with a total of 410 bedrooms, on behalf of funds investors Opus Real and OPCI Diversipierre respectively. A new 20 year lease agreement has been signed with a longstanding IBIS francisee existing since 1996 for the three assets.
International law firm Clifford Chance has advised BNP Paribas REIM on the acquisition, establishment of the purchase vehicle and the financing of this transaction.
TLT has advised Blackfinch Investments on its acquisition of a 6.4MW 1ROC accredited wind project in Scotland. TLT also advised Santander who provided project finance to part-fund the deal.
Blackfinch has over 25 years in fund management with a strong background in renewable energy investment and is looking to expand its portfolio as the renewable energy market continues to evolve and deliver strong returns for investors.
London—A cross-border team at Dentons is advising new client, Vitesse Media plc (to be renamed Bonhill Group plc), the AIM-quoted digital media and events business, on its US$27.1 million reverse acquisition of the trade and assets of InvestmentNews from Crain Communications, one of the US’s largest privately held B2B media companies.
We acted as transaction counsel to Genesis Aircraft Services Limited (“Genesis”) in relation to the acquisition of a portfolio of 29 aircraft (the “Aircraft”) from Airspeed Limited (“Airspeed”). On 2 August 2018, Airspeed entered into a sale and purchase agreement with GASL Bermuda A-1 Limited (the “Purchaser”), an affiliate of Genesis, pursuant to which Airspeed agreed to sell the Aircraft to the Purchaser or its subsidiaries. It is intended that all the Aircraft will be delivered by March 2019.
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King & Wood Mallesons (KWM) has advised Glencore on its acquisition of the Hail Creek Coal mine, and the Valeria coal development project.
The acquisition will sees Glencore take hold of an 82 % share in the Hail Creek Coal Mine and a 71.2 % share in the Valeria coal project, both located in Queensland’s Bowen Basin.
Hail Creek is a large-scale, long-life and low-cost mine producing two-thirds premium quality hard coking coal and one-third thermal coal for export. The Valeria thermal coal deposit has JORC resources of 762 million tonnes.
Ashurst advised LEO Pharma A/S on the acquisition of Bayer AG's global prescription dermatology unit in relation to German, French and UK law.
International law firm Berwin Leighton Paisner* (BLP) has advised Hines on the acquisition of the future headquarters of online retailer Zalando in Berlin-Friedrichshain
The corporate team from national law firm Shoosmiths has advised its client Coppergreen, a major UK holiday park developer, on the purchase of two new properties - an existing park in Lincolnshire and a brand-new development in Nottinghamshire.
Coppergreen has acquired Kenwick Park Hotel and Spa and Lodge Park, as well as the Clumber Park site in Nottinghamshire, which has planning permission for 129 lodges and a host of other new facilities.