DAC Beachcroft has advised Panmure Gordon and Cairn Financial Partners on the £10.5 million reverse takeover of leading DNA analysis company, Premaitha Health, by global investment group, ViaLogy.
Under the terms of the deal, Premaitha was readmitted to AIM on 4 July and raised £7.2 million through a successful placing.
Ashurst advised J.P. Morgan Securities plc, who acted as sponsor, global co-ordinator and bookrunner to Sanditon Investment Trust plc in connection with its placing, offer for subscription and listing on the Official List and the Main Market of the London Stock Exchange.
Sanditon Investment Trust plc is a closed-ended investment company managed by Sanditon Asset Management Limited, an investment manager that specialises in pan-European equities. Sanditon Investment Trust's objective is to invest in a diversified portfolio of leading large capitalisation equity indices.
Herbert Smith Freehills acted as independent legal advisers to TSB Banking Group PLC in connection with its IPO and related matters. The team was led by James Palmer and Nick Moore. Nick Pantlin and David Coulling led the advice for the Company on the terms of its long term IT and operations services arrangements with Lloyds.
Watson, Farley & Williams (“WFW”) has advised KNOT Offshore Partners LP (“KNOP”) on its public offering of 4.6 million common units. The offering is valued at approximately US$133m. In addition to the 4.6m common units, representing limited partner interests, KNOP granted the underwriters a 30-day option to purchase a further 690,000 common units.
The net proceeds from the offering will be used to help fund its previously announced acquisitions of two shuttle tankers, and general partnership purposes.
Norton Rose Fulbright has advised Canaccord Genuity and Numis Securities, joint sponsors and joint bookrunners, on the initial public offering (‘IPO’) of River and Mercantile Group PLC, the advisory and investment solutions business.
The Company’s shares were priced at 183p each, giving a total market capitalisation for the business of £150.2 million. £41.5 million was raised through the IPO between the selling shareholders and new money.
Freshfields Bruckhaus Deringer has advised a consortium of underwriters on a US$421m rights issue for Uni-President China Holdings Limited (Uni-President).
The new issue, comprised of 3,599,445,000 shares at a price of HK$4.56 per share, commenced trading on the Hong Kong Stock Exchange on 25 June 2014.
Uni-President is one of China’s largest food and beverage manufacturers and includes the iconic ‘Uni-President’ brand.
Allen & Overy has advised ING and NN Group on the initial public offering of up to 77 million ordinary shares of NN Group through ING (the Selling Shareholder). This includes the exchange into NN Group shares of EUR 450 million of mandatorily subordinated notes and excluding the exercise of the over-allotment option, gross proceeds to ING at settlement of the IPO amount to approximately EUR 2.0 billion.
Allen & Overy has advised the book running lead managers on Yes Bank’s Rs. 29,420.75 million (approximately USD500m) Qualified Institutions Placement (QIP) of shares to fund the bank’s future expansion.
Olswang has advised London Nusantara Plantations (LNP), an investment vehicle, on its admission to trading on the ISDX Growth Market, having raised a total of £649,508 (before expenses).
Fieldfisher has advised Independent Resources PLC ("IRG") on a £1.75 million fundraising by way of a firm placing, an open offer and a conditional placing of open offer shares subject to clawback.
IRG is an AIM quoted oil and gas company with a focus on acquiring and developing production and low risk exploration opportunities in the Mediterranean basin. The funds raised will be used principally to advance the work programme of IRG's Ksar Hadada permit, which is located in Tunisia, and to meet the preparation costs of IRG becoming the operator of Ksar Hadada.