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Asset Sale: Seller's Counsel

Bryan Cave Leighton Paisner Advises Terex Corporation on Sale of Demag® Mobile Cranes

21 Mar 2019

Bryan Cave Leighton Paisner has advised its longtime client Terex Corporation on the sale of the Demag® Mobile Cranes business to Tadano Ltd., Japan. The transaction is being led by David Fisher, Aaron Lang and Allie Shapland (all US M&A), and by Dr. Michael Leue and Dr. Hubertus Schröder (both German M&A).

Bryan Cave Leighton Paisner Advises on Sale of Grange Hotels in London for Circa GBP 1 billion

21 Mar 2019

International law firm Bryan Cave Leighton Paisner (BCLP) has successfully advised Grange Hotels on the sale of four of its high-end, luxury hotels: Grange St Paul's EC4, Grange Tower Bridge E1, Grange City EC3 and Grange Holborn WC1. The portfolio of properties was sold to Queensgate Investments for circa GBP 1 billion. This is one of the largest UK hotel deals on record.

Herbert Smith Freehills advises The GPT Group on $800M sale of 50% of Sydney’s MLC Centre

21 Mar 2019

Herbert Smith Freehills’ market-leading Real Estate team has advised The GPT Group on the sale of its 50% interest in Sydney’s MLC Centre to the Dexus Wholesale Property Fund. 

Dexus was a 50% co-owner of the asset with GPT, and subject to completion will now own 100%. The sale was effected pursuant to pre-emptive rights in the co-ownership agreements.

Herbert Smith Freehills advised GPT in relation to the pre-emptive rights, the subsequent sale process and the negotiation of the contract. 

Clifford Chance advises on the largest single PV facility in Europe

20 Mar 2019

Clifford Chance has advised Cobra Group on the sale of 100% of Project Mula, a 493.655 MWp PV plant located in the region of Mula, Murcia (Spain), to Northleaf Stampede Infrastructure Partners and the drafting and negotiation of the engineering, procurement, construction contractual scheme. The project is the largest single PV facility in Europe.

The Clifford Chance team was led by Jose Guardo, head of the Spanish Baking and Finance practice area, and by M&A partner Samir Azzouzi, with support from associates Eduardo Sanchez, Marta Martinez and Jose Manuel Llanos.

HERBERT SMITH FREEHILLS ADVISES CHINA'S PANDA GREEN ON SALE OF SIX UK SOLAR FARMS

20 Mar 2019

Leading global law firm Herbert Smith Freehills has advised HKEX-listed Panda Green Energy Group on the disposal of six solar farms in the United Kingdom.

Panda Green Energy, formerly known as United Photovoltaics Group, is a leading eco-development solution provider. It is part of China Merchants Group, one of the largest Chinese state-owned enterprises.

Bryan Cave Leighton Paisner Advises on Sale of Grange Hotels in London for Circa GBP 1 billion

19 Mar 2019

International law firm Bryan Cave Leighton Paisner (BCLP) has successfully advised Grange Hotels on the sale of four of its high-end, luxury hotels: Grange St Paul's EC4, Grange Tower Bridge E1, Grange City EC3 and Grange Holborn WC1. The portfolio of properties was sold to Queensgate Investments for circa GBP 1 billion. This is one of the largest UK hotel deals on record.

Linklaters has advised Linde on three divestments and the completion of a complex carve-out

15 Mar 2019

Linklaters has advised Linde on three divestments and the completion of a complex carve-out which cleared the path for the business combination of Linde AG and Praxair, Inc. to form a new enterprise (Linde plc.) with an aggregated market capitalisation of close to 100 bn USD.

The divestments and carve-out were required by the US Federal Trade Commission (FTC) to lift the FTC-mandated hold-separate regime preventing post-merger integration of the Linde and Praxair businesses.

Linklaters has advised Linde on three divestments and the completion of a complex carve-out

15 Mar 2019

Linklaters has advised Linde on three divestments and the completion of a complex carve-out which cleared the path for the business combination of Linde AG and Praxair, Inc. to form a new enterprise (Linde plc.) with an aggregated market capitalisation of close to 100 bn USD.

The divestments and carve-out were required by the US Federal Trade Commission (FTC) to lift the FTC-mandated hold-separate regime preventing post-merger integration of the Linde and Praxair businesses.

Linklaters has advised Linde on three divestments and the completion of a complex carve-out

15 Mar 2019

Linklaters has advised Linde on three divestments and the completion of a complex carve-out which cleared the path for the business combination of Linde AG and Praxair, Inc. to form a new enterprise (Linde plc.) with an aggregated market capitalisation of close to 100 bn USD.

The divestments and carve-out were required by the US Federal Trade Commission (FTC) to lift the FTC-mandated hold-separate regime preventing post-merger integration of the Linde and Praxair businesses.

Gide, counsel to Casino Group on the sale of 26 hypermarket and supermarket properties worth EUR 501 million

15 Mar 2019

Following the agreements signed with funds managed by US-based Fortress Investment Group in January 2019, the Casino Group has announced that it has completed the sale of 13 Géant Casino, 3 Hyper Casino and 10 Casino Supermarket properties, valued at EUR 501 million. Casino has received EUR 392 million, thus achieving the initial target of EUR 1.5 billion in non-strategic asset disposals, set on 11 June 2018.