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Banking & Finance - Capital Markets: Equity

McDermott Represents Showroomprivé in IPO on Paris Stock Exchange

05 Nov 2015

PARIS (5 November, 2015) – McDermott Will & Emery represented the founders and majority shareholders of Showroomprivé in the Group’s Initial Public Offering (IPO) on Euronext Paris, which took place on 30 October 2015.

An online fashion retailer founded in 2006, Showroomprive.com sells designer fashion to its 20.2 million members at steep discounts in "flash" sales. The Group operates in France and in seven other countries employing more than 700 people. At the end of 2014 it announced EUR 350 revenue.

Heuking Kühn Lüer Wojtek advises on IPO of German Biotech Innovative AG

05 Nov 2015

Heuking Kühn Lüer Wojtek accompanied Deutsche Biotech Innovative AG (DBI AG) on performing a capital increase with shareholder subscription rights and on its IPO. A team led by Munich-based partner Boris Dürr advised the company listed on Düsseldorf Stock Exchange's Primary Market in particular on drafting the relevant securities prospectus. The IPO includes 596,400 shares offered at a subscription price of EUR 33.50. The company therefore aims to raise proceeds of some EUR 20 million.

KWM advised China Huarong on its successful listing on the main board of HKSE

04 Nov 2015

King & Wood Mallesons (KWM) has advised China Huarong Asset Management Co., Ltd. (China Huarong), the largest financial assets management company in China by assets, on its successful listing on the main board of Hong Kong Stock Exchange (Stock Code: 2799). The listing saw China Huarong issue approximately  5.77 billion H shares (before exercising the over-allotment option). Pricing its shares at HK$3.09 per share, the company raised approximately HK$17.9 billion.

Slaughter and May is advising Atlas Mara - latest transaction in Rwanda

04 Nov 2015

Slaughter and May is advising Atlas Mara on its subscription for shares in Banque Populaire du Rwanda (BPR), and the subsequent merger of Atlas Mara’s wholly owned subsidiary BRD Commercial Bank Ltd (BRDC) with BPR. The transaction is subject to customary conditions and local regulatory approval and is expected to complete by the end of the year.

Following completion of the transaction, it is intended that BRDC will be merged with BPR to create Rwanda’s second largest bank by assets, with Atlas Mara retaining a majority interest in the enlarged BPR entity.

Freshfields advises China Huarong on US$2.3bn IPO

04 Nov 2015

Freshfields Bruckhaus Deringer has advised China Huarong Asset Management Co., Ltd. (China Huarong) on its HK$17.8bn (US$2.3bn) IPO.

Freshfields advised China Huarong on both the Hong Kong and US aspects of the listing, which commenced trading on the Hong Kong Stock Exchange on 30 October 2015.

China Huarong, a state-owned enterprise, is one of China’s largest distressed debt management companies.

Kirkland Advises Falko Regional Aircraft in Raising $415M for Investment

04 Nov 2015

Kirkland & Ellis advised Falko Regional Aircraft Limited, a specialist aircraft operating leasing, asset management and aircraft services company focused on the regional aircraft sector in raising $415 million for investment in leased, regional aircraft globally, significantly exceeding the $300 million original target.

The Kirkland team was led by private funds partner Richard Watkins and included private funds associate Karen Tam, regulatory partner Lisa Cawley and associate Adam Skinner.

McCann FitzGerald advises Hostelworld Group plc on its initial public offering

03 Nov 2015

McCann FitzGerald acted for Hostelworld Group plc on its initial public offering (IPO) and the admission to trading of its ordinary shares on the Main Securities Market of the Irish Stock Exchange and the main market for listed securities of the London Stock Exchange. The IPO valued the company at approximately €245 million. The IPO facilitated a disposal by Hellman & Friedman of its majority shareholding in the company. Following the IPO, Hellman & Friedman hold approximately 19.8% of the company’s issued ordinary share capital.

King & Wood Mallesons advises Fosun International on its US$1.5 billion rights issue

02 Nov 2015

King & Wood Mallesons (KWM) has advised Fosun International Limited as its Hong Kong and US legal advisor in relation to a USD1.5 billion rights issue. Fosun International Limited is one of China’s largest investment companies. Its primary businesses include insurance, industrial operations, investment, and asset management.

Macfarlanes advises on Equiniti IPO

30 Oct 2015

Macfarlanes has advised the management of share registrar firm Equiniti on its London stock market listing.

Equiniti is backed by private equity house Advent, which will hold 32 per cent of the company after listing.  Shares in Equiniti are to be sold at £1.65 each, giving it a market capitalisation of £495m.

The Macfarlanes team was led by corporate M&A partners Stephen Drewitt and Harry Coghill, with tax partners Rob Collard and James McCredie and tax senior counsel Ian Shaw.