Resource

 

 

 

 

 

 

 

 

 

 

 

Asset Sale: Seller's Counsel

DLA Piper represents Kayne Anderson and Haymaker Minerals in sale of mineral and royalty interests

31 May 2018

DLA Piper advised Kayne Anderson Capital Advisors LP and Houston-based Haymaker Minerals & Royalties LLC and Haymaker Resources LP in the sale of oil and gas mineral and royalty interests to Kimbell Royalty Partners LP for approximately US$404 million in a transaction comprised of cash and stock.

Founded in 2013, Haymaker has invested capital on behalf of Kayne Anderson and KKR & Co. LP to acquire over five million gross mineral acres through more than 700 individual transactions.

King & Spalding Advises Orion Capital Managers on Sale of Office Property “Office 3001” in Hamburg, Germany

28 May 2018

King & Spalding advises Orion Capital Managers on the sale of the office property “Office 3001” in Hamburg for a transaction volume of €56 million. The 23.310-square-meter office building was acquired by the German real estate company TLG Immobilien AG.

King & Spalding acted for the seller of the property, a subsidiary of Orion European Real Estate Fund IV, C.V., which is sponsored by Orion Capital Managers. The Frankfurt-based team included senior counsel Michael Prinz zu Löwenstein and associate Michael Debesay.

Sidley Advises Etam on the Sale of its Chinese RTW Operations to a Hong Kong-Based Investor

25 May 2018

Sidley has represented Etam Group (Etam) as the legal advisor on the sale of its Chinese ready-to-wear (RTW) operations to Jinguo Zhou, a Hong Kong-based investor as well as the founder and CEO of Jaoboo Fashion Group International. Although the transaction is a sale of assets, it is fundamentally characterized as a strategic partnership. As a result of the transaction, Jinguo Zhou will take charge of Etam’s RTW activities in China. Financial terms of the transaction were not disclosed.

Mishcon de Reya acts for long-standing client Delancey in sale of Royal Mint Court

23 May 2018

Mishcon de Reya acted for a joint venture between Delancey’s DV4 client fund and the LRC Group upon the sale of the iconic Royal Mint Court site to the People's Republic of China.

Located on the edge of the City, overlooking the River Thames, and opposite the Tower of London World Heritage Site, the history of the property can be traced back to 1349 and The Royal Mint, previously housed in the Tower of London, moved to the site in 1809.

Liberty Global Sells European Assets to Vodafone for $22.7 Billion

22 May 2018

Shearman & Sterling advised Liberty Global plc and certain of its subsidiaries on its agreement to sell its operations in Germany, Hungary, Romania and the Czech Republic to Vodafone Group plc for approximately €19.0 billion ($22.7 billion) on a U.S. GAAP basis.

The Shearman & Sterling team below provided U.K. corporate and U.S. corporate and securities advice to Liberty Global.

The Team

    George Casey
    Robert Katz
    Jeremy Kutner
    Laurence Bambino

William Fry advises on sale of Boland's Quay Site in Dublin's Docklands

22 May 2018

William Fry has acted for NAMA receiver, in the sale of Boland’s Quay, a c.400,000 square feet mixed use office retail and residential scheme situate at the iconic Boland’s Mill site in Dublin’s docklands, to global tech giant Google.  The development is one of the largest and most significant urban regeneration projects being undertaken within Dublin city centre. This is one of the few NAMA funded projects.  Since the development project at the site received planning permission in July 2015, NAMA has provided funding for demolition and enabling works.

Slaughter and May is advising Ascential plc on the proposed disposal of its Exhibitions and Events business

18 May 2018

Slaughter and May is advising Ascential plc on the proposed class 1 disposal of its Exhibitions and Events business to ITE Group plc for £300 million.  The deal, announced on 15 May 2018, will complete in July 2018 pending satisfaction of conditions precedent, including shareholder approval and completion of ITE’s rights issue to fund the consideration.

Contacts

Corporate: Jeff Twentyman (partner), Eleanor Stubbs (associate)

ITE Group plc acquires Ascential Exhibitions

17 May 2018

Travers Smith LLP has advised Ascential on the sale of Ascential Exhibitions to ITE Group plc for £300 million, subject to shareholder approval.

The sale of Ascential's exhibitions business, which comprises Spring and Autumn Fair, Bett (including The Education Show), CWIEME, Pure, Glee and BVE, will allow these brands to prosper under the ownership of a specialised exhibitions organiser.