CHSH Cerha Hempel Spiegelfeld Hlawati has provided legal advice to IMMOFINANZ AG in connection with its invitation to bondholders regarding the incentivised repurchase of bonds which are exchangeable into BUWOG shares and other related transactions. The other measures include the successful placement of 8.5 million ordinary shares in BUWOG by an international banking consortium as part of an accelerated bookbuilding process and advising IMMOFINANZ on financing the entire transaction.

AFG Arbonia-Forster-Holding AG successfully completed its rights offering which was resolved at the extraordinary shareholders' meeting held on 11 September 2015. In the rights offering, existing shareholders were offered 25,515,845 new registered shares with a par value of CHF 4.20 each at an offer price of CHF 8.10 per new share. The rights offering resulted in gross proceeds of approximately CHF 207 million. UBS Investment Bank acted as Sole Global Coordinator and together with Joh. Berenberg, Gossler & Co. KG as Joint Bookrunner.

Taylor Wessing has advised its client, On the Beach Group plc, on its IPO on the main market of the London Stock Exchange this week. The offer price was set at 184 pence per share, which equates to a market capitalisation of approximately £240 million.

Travers Smith Head of Listed Funds  Aaron Stocks and associate Stuart MacKenzie have advised Liberum Capital Limited and Stifel Nicolaus Europe Limited, in their capacity as underwriters and joint sponsors to Assura plc, in connection with the leading UK healthcare REIT’s £309 million firm placing, placing and open offer and offer for subscription of new ordinary shares.

Charles Casassa, Head of our US securities team, advised on US aspects of the transaction with Brent Sanders.

The Munich-based Internet portal Scout24, to which online portals Immobilienscout24 and Autoscout24 belong, will go public at the Frankfurt Stock Exchange on October 1. Shares in an amount of up to EUR 1.4 billion will be issued. The total valuation of the company is almost EUR four billion.

67 percent of the shares in Scout24 are held by funds, Deutsche Telekom holds 29 percent and the management holds 4 percent of shares. A syndicate of banks led by Credit Suisse and Goldman Sachs handled the IPO.

Ashurst has acted as Australian legal and taxation adviser to Baby Bunting Group Limited on its initial public offering and listing on ASX, including the preparation of a prospectus lodged with ASIC. The offer involves the issue of new shares to raise approximately A$25 million along with the offer for sale of shares by existing shareholders of approximately A$27 million.  At the offer price, Baby Bunting is expected to have a market capitalisation on listing of A$176 million.

Global automotive and industrial supplier Schaeffler announced on 21 September 2015 its intention to place up to 166 million new and existing non-voting common shares of Schaeffler AG with institutional investors and to list these shares on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. Deutsche Bank AG and Citigroup Global Markets Limited acted as Joint Global Coordinators and Joint Bookrunners. Bank of America Merrill Lynch International Limited and HSBC Trinkaus & Burkhardt AG acted as Joint Bookrunners.

King & Wood Mallesons (“KWM”) advised China Railway Signal & Communication Co., Ltd. (“CRSC”) on its successful listing on the main board of the Hong Kong Stock Exchange (stock code: HK 3969). The company issued 1.75 billion shares with an offering price of HK$6.30 per share, raising approximately US$1.4 billion. The Joint Global Coordinator partially exercised the overallotment option on 28th August, raising a total of 39.819 million shares. This part has been listed and traded on 4th September 2015.

Allen & Overy is advising Worldpay Group Limited (“Worldpay”) as Company Counsel on its prospective initial public offering (IPO) and admission to the premium listing segment of the Official List and to trading on the London Stock Exchange (LSE). 

Worldpay, a leader in global payments, today announced its intention to proceed with an IPO. It is expected that admission to the LSE will take place in October 2015, after which, Worldpay will become eligible for inclusion in the FTSE UK Index Series.

Olswang has advised Tossed Holdings Limited in relation to its recent £1.2 million fundraising through Seedrs, the equity crowdfunding platform, through which 661 new investors took a stake in the company.