White & Case LLP has advised Banca Farmafactoring on its initial public offering on the Milan Stock Exchange, in which approximately 30 percent of the company's ordinary shares were sold for a total amount of approximately €250 million.
Banca Farmafactoring specialises in the management, sale and non-recourse factoring of receivables owed to suppliers mainly by national healthcare service entities and other Italian public sector organisations.
Baker McKenzie advised Jefferies, Kempen & Co and Gilbert Dupont in the context of a private placement with a total amount of 25.1 million euros carried out by Nanobiotix, a nanomedicine company developing new approaches to the local treatment of cancer. The new shares, representing 9.99% of the outstanding Company shares prior to the offering, have been issued primarily with qualified institutional investors, the majority of which from the United States and Europe. The settlement took place on April 11, 2017.
GomSpace has made a private placement directed to Swedish and international institutional investors in the approximate amount of SEK 95 million after an “accelerated book-building” procedure. Carnegie Investment Bank acted as financial advisor and Setterwalls as legal advisor.
Setterwalls’ team consisted of Advokat Olof Reinholdsson (project manager) and Advokat Marcus Nivinger (responsible partner).
Simpson Thacher recently represented Apax Partners (“Apax”) in connection with Apax IX Fund’s cornerstone investment in the initial public offering of Guotai Junan Securities Co., Ltd. (“Guotai Junan”) on the Hong Kong Stock Exchange.
Simpson Thacher recently represented the underwriters, led by joint global coordinators Nomura Securities, Morgan Stanley and UBS, in connection with Sushiro Global Holdings’ ¥68.8 billion (US$615 million) initial public offering on the Tokyo Stock Exchange, including an international offering to institutional investors in reliance on Rule 144A and Regulation S.
Sushiro Global Holdings operates Sushiro, the leading brand of value kaiten (conveyor belt) sushi restaurants in Japan, with 451 domestic locations as of December 31, 2016.
Global law firm Norton Rose Fulbright has advised J.P. Morgan Cazenove and Peel Hunt in their capacity as joint bookrunners on an equity placing by LondonMetric Property PLC to raise gross proceeds of approximately £96 million. The proceeds of the fundraising will be used to fund acquisitions of new portfolio assets and development of existing portfolio properties.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised pharmaceutical company STADA Arzneimittel AG (‘STADA’) on its structured bidding process and subsequent public tender offer by private equity houses Bain Capital and Cinven. Under the terms of the offer, Bain Capital and Cinven would pay €65.28 a share, and investors would receive a dividend of €0.72 a share. The offer puts STADA's equity value at approximately €4.1bn and the company's overall value at approximately €5.32bn.
Ashurst has advised URB Investments Limited (URB) in its initial public offering of shares and options, valued at approximately A$80.1 million.
URB is a listed investment company managed by Contact Asset Management Pty Limited that will invest in a diversified portfolio of equities and direct property assets that have exposure to urban renewal and regeneration.
Ashurst acted as legal advisor to URB on its:
Clifford Chance advised the underwriters, Guotai Junan International, Goldman Sachs, Bank of America Merrill Lynch and Shanghai Pudong Development Bank International, and a group of 20 syndicate members, on Guotai Junan Securities' US$2.1 billion initial public offering on the Hong Kong stock exchange. Guotai Junan Securities is one of the leading Chinese securities houses.
Weil is advising Griffin Premium RE.. N.V., the owner of pure office and high-street mixed use properties, on its initial public offering on the Warsaw Stock Exchange. The value of the IPO was approximately €118 million. This is the first public offering of a real estate investment trust (REIT) in Poland.
The transaction was led by head of the Warsaw Capital Markets practice Anna Frankowska and included Corporate partner Pawel Zdort, associates Anna Blonska, Piotr Fedorowicz and Lukasz Blazejczyk, and law clerk Tomasz Bakowski.