Lawrence Tan, Soh Chai Lih, Bernia Tan, Mariana Lesmana and Cynthia Wu from the Capital Markets / M&A Practice Group acted for Energian Pte. Ltd., (the “Offeror”), a wholly-owned subsidiary of Falcon Energy Group Limited (“FEG”), in its voluntary unconditional cash offer for the issued and paid-up ordinary shares in the capital of CH Offshore Ltd. (“CHO”) other than those already owned, controlled or agreed to be acquired by the Offeror.
Qeeka (jia.com), China’s largest online trading platform for home decoration, recently announced that it has secured private equity financing of US$160 million, which was reported as the largest financing in such sector in China.
Zhong Lun Law Firm acted as the lead counsel to Qeeka and provided cross-border legal services in this transaction. The legal team from Zhong Lun was led by Anthony Zhao, and included Sammy Hsia, Vega Huang, Mark Gao and Crystal Li, etc.
Vinge has advised Hexatronic Group AB (publ) listed on NASDAQ Stockholm First North in conjunction with a rights issue of approximately SEK 41 million with an oversubscription option of approximately SEK 10 million, which may be exercised if the rights issue is oversubscribed. One subscription right is provided for each share in Hexatronic and six subscription rights entitle the holder to subscribe for one new share. The subscription price amounts to SEK 9 per share. It is estimated that the rights issue prospectus will be published on or about 14 April 2015.
White & Case LLP has advised Banca IMI S.p.A., as Italian Lead Manager, and the Institutional Managers Banca IMI S.p.A., Merrill Lynch International, Goldman Sachs International, UniCredit Corporate & Investment Banking, Credit Suisse Securities (Europe) Limited and HSBC Bank plc, on the €414.1 million initial public offering of OVS S.p.A. on the Milan Stock Exchange.
Danny Lim, Chia Lee Fong, Zhang Rui and Caitlin Huang from the Capital Markets / M&A Practice Group of Rajah & Tann acted as legal counsel in relation to the transfer of 84 ordinary shares of Flame Gold International Limited ("Flame Gold"), between Mr Ching Chiat Kwong and Mr Foo Sey Liang at an aggregate consideration of approximately S$16 million. Following the completion of the transfer, Mr Foo Sey Liang is the sole shareholder of Flame Gold.
Latham & Watkins has advised Wizz Air Holdings Plc, the largest low-cost carrier in Central and Eastern Europe, on its initial public offering of 23,360,008 ordinary shares at £11.50 per ordinary share. Based on the offer price, the fully diluted equity value of Wizz Air Holdings Plc (the “Company”) at listing will be £1,456 million. The Company’s ordinary shares will be admitted to the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange.
Ashurst has advised HSBC and Numis Securities in their capacity as joint bookrunners in connection with a placing of new A ordinary shares in the capital of Sherborne Investors (Guernsey) B Limited (the "Company"), raising gross proceeds of £100 million.
Ashurst Hong Kong advised Nomura International (Hong Kong) Limited on the proposed HKD880.5 million privatisation of HKSE-listed econtext Asia Limited by way of scheme of arrangement. Nomura acted as the financial adviser to Digital Garage, Inc., the controlling shareholder of econtext Asia and the offeror in the proposed privatisation.
Slaughter and May is advising GlaxoSmithKline (GSK) on its major three-part inter-conditional transaction with Novartis which completed on 2 March 2015. Under the transaction:
* GSK acquired Novartis's global Vaccines business (excluding influenza vaccines) for an initial cash consideration of US$5.25 billion
* GSK has created a new world-leading Consumer Healthcare joint venture with Novartis in which GSK will have majority control and an equity interest of 63.5%
Danny Lim, Bernia Tan and Mariana Lesmana from the Capital Markets / M&A Practice Group are acting for Almond Garden Corp. ("AGC"), a wholly-owned subsidiary of Action Electronics Co., Ltd.