At the Extraordinary Shareholders' Meeting held on 29 February 2016, the shareholders of Züblin Immobilien Holding AG approved a reverse stock split at a ratio of 450 to 1. The last trading day of the old registered shares with a nominal value of CHF 0.05 on the SIX Swiss Exchange was 3 March 2016, the listing and first trading day of the new registered shares with a nominal value of CHF 22.50 was 4 March 2016, and settlement took place on 8 March 2016.

Herbert Smith Freehills is delighted to have advised Gateway Lifestyle Group (Gateway) on its A$120 million fully underwritten 2 for 15 accelerated pro rata non-renounceable entitlement offer and institutional placement of stapled securities, comprising units in the Residential Parks No. 2 Trust and shares in Gateway Lifestyle Operations Limited, announced to the ASX on 9 March 2016.

The entitlement offer consists of an accelerated institutional rights issue and a retail rights issue of stapled securities, at an issue price of A$2.40 per new security.

Mayer Brown JSM acted as the legal adviser for Jiayuan International Group on its HK$1.116 billion global offering and listing on the Hong Kong Stock Exchange today.

Jiayuan is a Jiangsu-based residential and integrated commercial property developer. The company is mainly involved in developing and selling residential and commercial properties, and leasing of commercial real estate. As of 30 November 2015, the company has 19 property development projects across Jiangsu Province, comprising 14 residential and five integrated commercial projects.

Nabarro has advised FTSE 250 international PPP infrastructure investment company John Laing Infrastructure Fund Limited (JLIF) on its £92.9m placing. The net proceeds of the placing will be principally used to repay the Group's revolving credit facility which, following the acquisition of a 40% stake in the Barcelona Line 9 Section II metro project announced in January 2016, is £84.5 million drawn. The balance will be used for general working capital purposes and/or to fund further acquisitions.

Simmons & Simmons has advised Investec, J.P. Morgan Cazenove, as Joint Sponsors and Joint Bookrunners, and Barclays as Co-Bookrunner in connection with Chemring Group PLC’s £80.8 million rights issue.

Shearman & Sterling is advising leading Japanese regional banks Fukuoka Financial Group, Inc. (FFG) and The Eighteenth Bank, Ltd. (Eighteenth Bank) on a business integration involving filings with the US Securities and Exchange Commission.  Upon completion, Eighteenth Bank will become a wholly owned subsidiary of FFG, making it the largest regional bank in Japan in terms of total assets.

The definitive agreement is expected to be executed in August 2016, and the share exchange is expected to be effective on April 1, 2017.

Etib Holding has today announced a recommended public offer to the shareholders and holders of convertible notes in Nordic Service Partners Holding AB (NSP) to all outstanding A- and B-shares in NSP, as well as convertible notes issued by the company.

DLA Piper has advised TeamLease Services, a Mumbai based staffing services firm, on their Rs. 423 crore (US$55 million) IPO on the Bombay Stock Exchange and the National Stock Exchange of India. TeamLease Services was established in 2002 and is one India’s largest, leading people supply chain companies, with eight regional offices and 1,200 employees.

Berwin Leighton Paisner (BLP) has advised Numis Securities as sponsor in relation to the re-domiciliation of FTSE 250 insurance company Beazley plc to the UK, to be affected by way of a “top hat” scheme of arrangement.

Completion of the deal is conditional upon shareholder approval at a meeting convened by the Jersey Court and a separate meeting of Beazley shareholders. The scheme of arrangement is expected to become effective on 13th April 2016, providing admission of Beazley to the UK Listing Authority and the Main Market of London Stock Exchange plc.

Simpson Thacher represented Apax Partners LLP on the block trade sale by Crystal A Holdco S.à r.l. and Crystal B Holdco S.à r.l. (entities indirectly wholly owned by Apax Europe VII) of, in aggregate, 233,633,279 ordinary shares in Auto Trader Group plc (the “Company”). The secondary offering, which was effected by way of an accelerated book build, has raised, in aggregate, gross sale proceeds of approximately £852.8 million. Settlement will take place on February 26, 2016, subject to the satisfaction or waiver of certain customary conditions.