Noerr, in conjunction with its French partner law firm FTPA, is advising Areva Group on the strategic sale of its Canberra division. The group announced in Paris that it would accept the offer of the US group Mirion Technologies, Inc. and its majority owner, private equity investor Charterhouse.

Like Mirion, Canberra manufactures nuclear radiation measuring equipment and is the global leader in the segment. In Germany, Canberra operates one site in Rüsselsheim. The transaction is to be completed by the end of 2016.

Clifford Chance has advised Babcock & Brown Investment Property 56 S.à r.l. & Co. KG and Babcock & Brown Investment Property 57 S.à r.l. & Co. KG, both advised by BLUE Asset Management GmbH, on the sale of the Kustermann Park in Munich.

It was agreed not to disclose the purchase price.

The Kustermann Park is situated in the eastern part of Munich and comprises two office buildings with approximately 74,000 square metres of office space and an underground car park.

Ince & Co has announced today that it has advised Fugro on a sale and lease back agreement with ICON Investments regarding two of its geotechnical drill ships Fugro Scout and Fugro Voyager.

ICON financed the acquisition of the vessels by loan facilities from a syndicate of lending banks led by Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A.

Eversheds Attorneys Ltd. advised NV Property Fund I Ky in a transaction in which NV Property Fund I Ky sold on 18 December 2015 two leasehold community service properties in Helsinki to Hemfosa Fastigheter from Sweden. The investors of NV Property Fund I Ky are Mutual Pension Insurance Company Varma, Nordea Life Insurance Company and the Finnish State Pension Fund. The properties encompass a total of approximately 37,000 sqm of leasable area.

Contact:
Ilmo Korpelainen

Mills & Reeve have advised PayPoint plc on the sale of its online payment business to Capita for £14.4 million.

PayPoint is an international leader in payment technologies, providing payment solutions for everyone from consumer and financial services companies to retailers, utilities, media and government clients. The sale includes PayPoint.net and Metacharge.

Watson Farley & Williams (“WFW”) has advised renewable energy company SunEdison, Inc. and its affiliate SunEdison Italia Holdings B.V. on the sale of four solar French photovoltaic plants to international solar power producer Sonnedix through its affiliate Sonnedix B.V. The four plants have a maximum aggregate capacity of 23.58 MW.

The transaction was implemented through the execution of a purchase and sale agreement of the 100% share capital of French company AES Solaire France S.A.S., the indirect beneficiary owner of the plants.

The Houston office represented BP in the sale of the global energy company’s petrochemical complex in Decatur, Alabama to Indorama Ventures Public Company Limited. Expected to close early 2016, the deal is part of BP’s restructuring of its petrochemical business. Indorama Ventures’ acquisition includes working capital, infrastructure and some contracts with supplier and customers.

DLA Piper Prague has advised UniCredit Leasing, a subsidiary of UniCredit Bank, on the sale of a real estate portfolio held by the Baumax group. The sale constituted part of a debt restructuring process. The transaction was part of a larger sale of a real estate owned or used by Baumax.

Kuoni Group (SIX: KUNN) has completed the sale of the outbound travel and destination management activities in India to Thomas Cook (India) Ltd.

With the completion of this disposal, Kuoni Group has successfully implemented the exit from its tour operating business in Europe, Hong Kong and India that was publicly announced on January 14, 2015.

We are acting as the sole legal advisor to Federal Signal Corporation in the divestment of its Bronto Skylift business for EUR 80 million in cash, subject to post-closing adjustments. The transaction is subject to customary closing conditions and is expected to be completed during the first quarter of 2016.