Stibbe advises Intertrust, a leading global provider of high-value trust and corporate services, on its EUR 122 million share offering.
Intertrust successfully raised EUR 122 million million through an accelerated bookbuild offering of approximately 6.8 million new shares at an offer price of EUR 18.00 per share. The net proceeds from the offering will be used to finance part of the acquisition of Elian Group, as announced on 6 June 2016.
On 9 June 2016, DONG Energy was admitted to trading and official listing on Nasdaq Copenhagen. Plesner has acted as the advisor to the Kingdom of Denmark, which is the majority shareholder in DONG Energy, in connection with the IPO.
DONG Energy is a global leader in offshore wind power and a leading Danish utility business and the IPO of DONG Energy will probably be the biggest ever in Denmark.
The Swedish world leading developer and manufacturer of piezoelectric micro motors, PiezoMotor Uppsala AB (publ) (“PiezoMotor”), makes an IPO on Nasdaq First North, with first day of trading on 9 June 2016. In connection with the IPO the company has carried out a directed share issue to the public, generating gross proceeds of MSEK 50.
Eversheds Advokatbyrå has assisted PiezoMotor in connection with the offering and listing on Nasdaq First North. Evershed’s team consisted primarily of Gabriel Albemark and Caroline Wikström.
Sydney, Australia, 9 June 2016 – Baker & McKenzie acted for Sundance Energy Australia Limited (Sundance Energy), an ASX listed onshore oil and gas company headquartered in Colorado USA, on the successful two tranche placement of A$80 million shares to professional and sophisticated investors (Placement) and proposed share purchase plan to raise up to $10 million (SPP).
Leading legal business DWF has advised Zeus Capital, the nominated adviser and sole broker to Accrol Papers, who are set to float on the AIM on 10 June, with a valuation expected to be about £100m.
Accrol Papers is a fast growing toilet roll company which employs over 520 workers at its 350,000sq ft Blackburn factory. Over the last 12 months 100 further employees have joined the company following a £66m investment from Manchester-based private equity firm NorthEdge.
Ashurst's investment funds group advised Inflexion Private Equity on the simultaneous first and final closings of two new private equity funds.
Inflexion Enterprise Fund IV and Inflexion Supplemental Fund IV each raised £250m from Inflexion's existing client base of institutional investors from across Europe, the US and Asia.
Shearman & Sterling advised UBS Limited, as sole global coordinator and joint bookrunner, Goldman Sachs International and Morgan Stanley & Co. International plc, as joint bookrunners, in connection with a €231 million rights offering by Hispania Activos Inmobiliarios, SOCIMI, S.A. (“Hispania”). Hispania intends to use the proceeds from the offering to enhance its property portfolio through the acquisition of properties in its pipeline and the refurbishment of existing assets.
Shearman & Sterling advised EFG Hermes Promoting and Underwriting, as sole global coordinator and bookrunner, in connection with the initial public offering and listing on the Egyptian Stock Exchange of Cleopatra Hospital Company S.A.E. ("Cleopatra Hospital"). The transaction was the second IPO on the Egyptian Stock Exchange in 2016.
Wiersholm have advised Pareto Bank ASA on the listing of its shares on Oslo Axess. This is the first listing on a Norwegian regulated market (Oslo Børs/ Oslo Axess) in 2016.
Pareto Bank is a niche bank located in Oslo which specialises in project financing. Its main business areas are property development financing, corporate financing and shipping and offshore financing.
On 6 June 2016, the listed biopharmaceutical company Ablynx, focused on the discovery and development of Nanobodies® has successfully raised EUR 74.2 million through a private placement of new shares amongst institutional investors via an accelerated bookbuilding procedure, while an initial target of EUR 60 million was set. The shares have been offered for EUR 13.40 per share and have been admitted to trading on Euronext Brussels.
For this private placement, Ablynx was assisted by a Eubelius team led by Lars Van Bever, Erwin Destruyver and Robin Van Gysel.