Resource

 

 

 

 

 

 

 

 

 

 

 

Asset Sale: Seller's Counsel

White & Case Advises Cassa di Risparmio di Asti on Disposal of €697 Million NPL Portfolio

04 Aug 2018

Global law firm White & Case LLP has advised Cassa di Risparmio di Asti S.p.A. and its subsidiary Cassa di Risparmio di Biella e Vercelli – Biverbanca S.p.A., as originator and notes subscriber, on the disposal of a portfolio of non-performing loans (NPLs) comprising ipotecari mortgage loans and unsecured loans.

The loan portfolio was sold to Maggese S.r.l., a securitization vehicle created ex lege 130/99, for an aggregate gross total amount of approximately €697 million.

Clyde & Co advises Majid Al Futtaim on the sale of two Dubai clinics to Mediclinic

31 Jul 2018

Global law firm Clyde & Co has advised Majid Al Futtaim, the leading shopping mall, retail and leisure company in the Middle East, on the sale of two of its City Centre Clinics to Mediclinic Middle East (Mediclinic).

Mediclinic has acquired City Centre Clinic Deira, a large outpatient facility which opened in 2013 with two day-care surgery theatres and 18 medical disciplines, and City Centre Clinic Me’aisem, a smaller community clinic focusing on six core disciplines. Mediclinic operates six hospitals and 23 clinics in the United Arab Emirates (UAE).

Clifford Chance advises Capstone Asset Management on the resale of the new Zalando headquarters in Berlin

26 Jul 2018

Leading international law firm Clifford Chance has advised South Korean asset manager Capstone Asset Management on the resale of the new Zalando headquarters in Berlin by way of a share deal to a Luxembourg real estate fund advised by Hines. The purchase price is about € 233 Million.

Founded in 2009, Capstone is one of the fastest growing companies within their branch in Korea and currently manages assets of around € 1.8 billion.

The Hogan Lovells law firm advises the Gdansk Shipyard Group on the sale of the Gdansk Shipyard and GSG Towers

24 Jul 2018

The Warsaw office of Hogan Lovells advised the Gdansk Shipyard Group sp. z o.o. on the sale of 81.05% of the shares in Stocznia Gdanska S.A. (the Gdansk Shipyard), and 50% of the shares in GSG Towers Sp. z o.o. to Agencja Rozwoju Przemyslu S.A. (the Industrial Development Agency).

As of July 19, 2018, Stocznia Gdanska S.A. (the Gdansk Shipyard) and GSG Towers Sp. z o.o. (a manufacturer of wind turbine towers) are now fully owned by companies from the Industrial Development Agency Group.

Jeantet advised Airbus in one of Ukraine’s biggest deals

23 Jul 2018

Following the Intergovernmental Agreement signed between France and Ukraine on 8 June 2018, Airbus Helicopters has signed a contract with the Ukrainian Ministry of the Interior for the purchase of 55 civil helicopters designed for search and rescue (SAR), public services, and emergency medical service (EMS) missions in the country.  The 55 aircraft include 21 repurposed H225s, and 10 brand new H145s and 24 H125.  The contract, which also foresees setting-up of a local training and maintenance centre, was signed in Kyiv on 14 July in the presence of Arsen Avakov, Minister for the I

Dentons advises Europa Capital on the sale of Spektrum Tower in Warsaw

17 Jul 2018

Warsaw--Dentons has advised Europa Capital, a real estate investment manager focused on the European markets, on the sale of Spektrum Tower to Globalworth Poland. The transaction value was EU101 million.

Spektrum Tower is a modern building situated in the heart of Warsaw, in the immediate vicinity of several business centers. The location is accessible by all forms of public transport, including railway and subway lines.

CMS advises leading IoT provider, Telit Communications PLC, on its USD$105m sale of its automotive division to TUS International Limited

17 Jul 2018

International law firm CMS has advised Telit (“Telit”) Communications PLC on the USD$105m sale of its automotive division to Hong Kong Stock Exchange listed company, TUS International Limited (“TUS”). The transaction is expected to complete by the end of 2018 subject to conditions being satisfied.