Stephenson Harwood LLP has advised Vietnam Enterprise Investments Limited (VEIL) on its admission to listing on the Official List of the UK Listing Authority and to trading on the main market of the London Stock Exchange. VEIL's shares were previously traded on the Irish Stock Exchange.
Global law firm Baker & McKenzie has advised Investis Holding SA, a leading residential property company and a national real estate services provider, on the listing of its shares on SIX Swiss Exchange following its initial public offering. Investis has raised CHF 148.4 million (USD$ 152.6 million) in gross proceeds from the offering, priced at CHF 53 per share. Investis, owns property, including serviced apartments, valued at CHF 857 million and also provides real estate services.
On July 4, 2016, Investis Holding SA (SIX: IREN), a leading residential property company in the Lake Geneva region and a national real estate services provider, conducted its initial public offering (IPO) on SIX Swiss Exchange. The first trading day was June 30, 2016. Investis Holding SA issued 2,800,000 new registered shares in the offering, thereby raising approx. CHF 150 m in gross proceeds upon completion of the IPO.
At the Shareholders' Meeting held on 16 June 2016, the shareholders of Kuros Biosciences AG approved a reverse stock split at a ratio of 100 to 1. The last trading day of the old registered shares with a nominal value of CHF 0.01 on the SIX Swiss Exchange was 22 June 2016, the listing and first trading day of the new registered shares with a nominal value of CHF 1 was 23 June 2016. VISCHER acted as transaction counsel for Kuros Biosciences AG and Zürcher Kantonalbank (acting as lead manager). The team comprised Dr.
LETT has advised Danish pension funds ATP and PFA in connection with the IPO of DONG Energy.
Amid a blizzard of media interest, ATP and PFA bought into DONG Energy in 2013 together with Goldman Sachs. Given its valuation at approx DKK 98bn, the initial public offering (IPO) of DONG Energy is the largest IPO in Danish history and probably one of the largest listings in Europe this year.
LETT also assisted ATP and PFA in connection with their investments in 2013, which paved the way for the IPO.
International technology, media and telecoms law firm Olswang has advised what3words, the location reference platform, in relation to an investment round led by Aramex Ventures LLC. The US$8.5m Series B fundraising round also included existing investors Intel Capital, Force Over Mass Capital and Mustard Seed.
National Storage REIT is a leader in fully-integrated self-storage spaces and was the first of its kind to be listed on the Australian Securities Exchange.
The capital raising will fund the acquisition of 26 storage assets which comprise the Southern Cross portfolio, strengthen NSR’s balance sheet, and fund other potential acquisitions in accordance with NSR’s acquisition strategy.
Baker & McKenzie successfully acted for J.P. Morgan Australia Limited and Morgan Stanley Australia Securities Limited as joint lead managers and underwriters of the A$260m fully underwritten institutional placement and non-renounceable entitlement offer by National Storage REIT.
National Storage REIT is one of Australia’s largest self-storage providers, tailoring self-storage solutions to over 35,000 residential and commercial customers at 100 storage centres across Australia and New Zealand.
Davis Polk advised Wuxi Construction and Development Investment Company Limited in connection with the $300 million 3.25% guaranteed bonds due 2019 (the “Bonds”) issued by Xihui Haiwai I Investment Holdings Co., Limited, an indirectly wholly owned BVI subsidiary of the Company.
Simpson Thacher represented NewQuest Capital Partners in connection with the formation and raising of its third direct secondaries fund, NewQuest Asia Fund III. The fund has reached a final close in June 2016 at the hard cap of $540 million, increasing it from the original hard cap of $520 million in order to accommodate investor demand. The fund, which was launched in September last year, had an initial target of $500 million. The fund's first close was held in March, beating the initial target for the entire vehicle.