Dechert LLP advised Eurovia SAS, a VINCI Group subsidiary and global leader in transport infrastructure and urban development, in its agreement with Salini Impregilo Group to acquire the Lane Asphalt Plants & Paving division of its subsidiary Lane Construction, whose operations cover industrial and roadworks activities, for US$555 million.
Squire Patton Boggs has advised Kurita Water Industries Ltd. and Kurita Europe GmbH on the sale of their aluminum division to LIVIA Corporate Development SE.
The Squire Patton Boggs team was led by Corporate partners Dr. Rouven Schwab and Dr. Sabine Pittrof in Frankfurt and involved legal expertise from the firm’s Chemicals Industry Group, as well as its Intellectual Property & Technology, Labour & Employment, Environmental, Safety & Health, Tax Strategy & Benefits, Competition-Antitrust and Financial Services Practices.
International legal practice Osborne Clarke has advised CBRE Global Investors on the sale of The Atlas Portfolio to clients of Knight Frank Investment Management (KFIM) and Schroders (Multi-Let Industrial Property Unit Trust).
International law firm CMS has acted for Great Portland Estates plc (GPE) on its sale of 160 Great Portland Street in London’s West End to 139 Westar House Marylebone Limited, part of the Alduwaliya Asset Management group, which is owned by the Qatari royal family.
Eversheds Sutherland advises on £800m BHS2 Pension Scheme buyout with PIC
Eversheds Sutherland has advised the £800m BHS2 Pension Scheme on its buyout with Pension Insurance Corporation plc (PIC).
PIC, a specialist insurer of defined benefit pension funds, concluded a full buyout, covering £800 million of liabilities and all of the approximately 9,000 members of the BHS2 Scheme.
International law firm Clifford Chance has advised Investa Capital Management on the sale of the shopping centre Allee-Center in Leipzig to EQT Real Estate.
The Allee-Center in Leipzig-Grünau offers a total space of 40,000 square metres and the largest tenants are Rewe, Saturn and Aldi.
Clifford Chance had already advised Investa on the purchase of the property in 2016. Since then, Investa has partially repositioned the property and successfully re-let it.
International law firm Withers has represented Marriott International on its sale of 2 major hotel and hospitality assets in Fiji to the Fiji National Provident Fund (FNPF). The US$131 million transaction is Fiji’s largest ever hotel deal.
King & Wood Mallesons (KWM) is acting as global legal counsel for EMR Capital and the other investors on the sale of their interests in Martabe gold and silver mine (Martabe) located in North Sumatra. The purchaser of Martabe is Indonesia’s PT Danusa Tambang Nusantara (a company owned by PT United Tractors Tbk and PT Pamapersada Nusantara).
The transaction will see EMR Capital and the other investors sell their entire interest in Martabe for an enterprise value of US$1.21 billion.
Watson Farley & Williams (“WFW”) has advised CMB Financial Leasing Co., Ltd (“CMBFL”) on a US$180.4m sale and leaseback transaction with Star Bulk Carriers Corp (“Star Bulk”), a Nasdaq-listed global shipping company providing worldwide seaborne transportation of dry bulk cargoes.
Wolf Theiss advised AEW on the sale of the Atrium Tower office building in downtown Warsaw to Vienna Insurance Group (VIG).
Wolf Theiss's role included preparation of vendor due diligence for the sale of Atrium Tower sp. z o.o. (the owner of the building), as well as assisting AEW in agreeing to the commercial terms of an LOI and contract negotiations.