Orrick represented Digicel Group, the leading Caribbean mobile operator, on its US$90 million sale and leaseback transaction related to 451 mobile telecommunications towers in Jamaica with Phoenix Tower International LLC through its Jamaican subsidiary, Phoenix Tower Jamaica Limited. Our team was led by Dominic O’Brien and included Adeola Adeyemi.
The Warsaw Hogan Lovells office advised Prologis, Inc., the world's largest owner, manager, and developer of logistics and warehousing facilities on the sale of a large logistics centres portfolio in Poland, as part of the global transaction, to a leading Asian property company.
In terms of value, this is probably the largest global transaction on the logistics and warehouse market in 2018.
Orrick has advised Tru Taj, a subsidiary of Toys "R" Us which owns the toy retailer’s operations in Europe and Asia, in the restructuring and divestment plan of Toys "R" Us’ French assets.
International legal practice Osborne Clarke has advised technical recruitment specialist, Orion Managed Services Limited (Orion), on the sale of a majority stake in the Business to TechnoPro Holdings Inc. (“TechnoPro”) of Japan.
Founded in 1996, Orion is a technical recruitment specialist focusing on the Engineering, Manufacturing, Utilities and Construction markets. The Business delivers contract and permanent recruitment services to both large blue chip and SME clients in the UK.
Orrick has advised EQT portfolio company United Digital Group (UDG) on the sale of its media and performance marketing division to Omnicom Media Group Germany.
UDG is one of the leading digital communications agencies in Germany. Omnicom Media Group Germany is the German media holding company of NYSE-listed Omnicom, a leading global communications, advertising and marketing services group.
The Orrick team advising UDG was led by M&A and private equity partner Thomas Schmid, who previously advised EQT on its acquisition of UDG in 2011.
Warsaw--Dentons' Real Estate team in Warsaw has advised Skanska on the sale of Spark C, the first phase of the Spark office project in Warsaw, Poland. The building was sold to KGAL Investment Management GmbH & Co. KG, a leading German independent investment and asset manager, for EU48 million.
Spark C is the first completed building of the Spark office complex located in the Warsaw's Wola district. It offers 13,000 square meters of modern office space already leased in 85% to Skanska.
Jeantet advised the German GEA group on the sale of GEA Westfalia Separator Production France SAS including the respective production site located in Château-Thierry (Haut-de-France region) to the industrial group Altifort with which GEA had entered into exclusive negotiations in June 13, 2018.
DLA Piper has advised global renewable energy developer, Element Power, on the sale of its power projects and asset management business covering Ireland and the UK, to Statkraft, a Norwegian state-owned utility.
Gilbert + Tobin has advised global aluminium and renewable energy giant Norsk Hydro ASA (Hydro) on the sale of its 2,000 hectare former Kurri Kurri Aluminium Smelter site to Flow Systems.
International law firm Ashurst advised Octopus Investments Limited ("Octopus") on the disposal of its portfolio of 15 PV assets backed by renewable obligation certificates to a special purpose vehicle, Renewable Energy Income Partnership II, which is a new fund vehicle also managed by Octopus.
The disposal was funded through a combination of equity and debt provided by Korea Investment & Securities. Octopus raised £107 million in total which was used for the acquisition.