Global law firm White & Case LLP has advised Johnson Matthey on the sale of its UK automotive battery systems business, a subsidiary that specializes in high-voltage automotive grade battery systems for electric and hybrid vehicles, to Cummins Inc.
We advised the Anglo-Australian mining group Rio Tinto on the sale to GFG Alliance of its Dunkirk plant, Europe's largest aluminum smelter with an annual capacity of 280,000 tons, 570 employees and an annual turnover of approximately €500 million.
The purchaser is the Gupta Family Group (GFG Alliance) managed by the Anglo-Indian billionaire Sanjeev Gupta.
Global law firm Norton Rose Fulbright has advised Thomson Reuters Founders Share Company on the sale of Thomson Reuters Corporation on a majority stake in its financial and risk business (“F&R Business”).
Jones Day advised Cardinal Health in the $1.2 billion sale of its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co., Ltd.
For additional information about this matter, please contact: Angel Huang, Liming Yuan, Ismail H. Alsheik
Client(s): Cardinal Health, Inc.
Practice(s): M&A, Tax, Antitrust & Competition Law
Office(s): Shanghai, Chicago, Beijing, Silicon Valley, Detro
The Linklaters Warsaw Real Estate Team has advised UBM Development AG on the EU42m sale of another hotel in Poland to Union Investment, namely the recently opened 250-room Holiday Inn hotel located on Twarda street in the very centre of Warsaw. The hotel, officially opened in December 2017, is one of the most modern buildings in Warsaw with a facade inspired by the iconic Flatiron building in New York.
The Linklaters Warsaw Real Estate Team has advised UBM Development AG on the EU42m sale of another hotel in Poland to Union Investment, namely the recently opened 250-room Holiday Inn hotel located on Twarda street in the very centre of Warsaw. The hotel, officially opened in December 2017, is one of the most modern buildings in Warsaw with a facade inspired by the iconic Flatiron building in New York.
Jones Day advised Cardinal Health in the $1.2 billion sale of its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co., Ltd.
For additional information about this matter, please contact: Angel Huang, Liming Yuan, Ismail H. Alsheik
Client(s): Cardinal Health, Inc.
Practice(s): M&A, Tax, Antitrust & Competition Law
Office(s): Shanghai, Chicago, Beijing, Silicon Valley, Detro
Slaughter and May has advised Stelux Holdings International Limited (Stelux) in relation to the strategic disposal of its optical retail, optical wholesale and related healthcare businesses in Hong Kong, Macau, the PRC, Singapore, Malaysia and Thailand to Mr. Chumphol Kanjanapas (also known as Joseph C.C. Wong). Joseph C.C. Wong is Stelux’ Chairman, CEO and controlling shareholder. The base consideration for the disposal is HK$400 million.
Slaughter and May has advised Stelux Holdings International Limited (Stelux) in relation to the strategic disposal of its optical retail, optical wholesale and related healthcare businesses in Hong Kong, Macau, the PRC, Singapore, Malaysia and Thailand to Mr. Chumphol Kanjanapas (also known as Joseph C.C. Wong). Joseph C.C. Wong is Stelux’ Chairman, CEO and controlling shareholder. The base consideration for the disposal is HK$400 million.
Greenberg Traurig Germany advised GUSTAV RRZ N-3 GmbH & Co. KG, a joint venture of several investors, on the sale of the Rhein-Ruhr Zentrum (RRZ) in Mülheim an der Ruhr, Germany. The property was sold by way of a combined share and asset deal. The parties have agreed to keep the purchase price confidential.
The RRZ comprises approximately 75,000 square meters of retail space and houses around 200 retail units as well as a large food court, a CinemaxX cinema, a bowling and entertainment center, a casino and the indoor playground "Euro Eddy's Kinderwelt".