Ashurst has advised Jefferies International Limited, acting as joint lead manager and joint book runner with Société Générale Corporate & Investment Banking, in connection with the initial public offering of Viadeo on the Paris Euronext stock exchange (compartment B).
Linklaters has advised elexis AG on a delisting – the planned removal of listed securities from the stock exchange. Up to now, elexis has been listed on the Regulated Market (General Standard) of the Frankfurt Stock Exchange, which has revoked the admission of the elexis AG shares in accordance with the company’s application. The revocation takes effect with the expiry of 3 October 2014.
Global legal practice Norton Rose Fulbright has advised Anglo Pacific Group PLC (“Anglo Pacific”) on a royalty acquisition and related placing. Anglo Pacific is a global mining royalty company, listed on the main market of the London Stock Exchange and on the Toronto Stock Exchange. Anglo Pacific’s strategy is to create the premier base metals and bulk materials listed royalty company.
Shearman & Sterling represented Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC, as the representatives of the initial purchasers, in connection with the Rule 144A/Regulation S initial public offering of FIBRA Prologis, a Mexican real estate investment trust, known for its Spanish acronym as a FIBRA. Prologis Property Mexico, S.A. de C.V., a Mexican corporation and an affiliate of Prologis, Inc., will manage the FIBRA.
The Firm recently represented the initial purchasers led by Deutsche Bank Securities Inc., Barclays Capital Inc., J.P. Morgan Securities LLC and Goldman Sachs (Asia) L.L.C.
Simpson Thacher recently represented the underwriters led by Deutsche Bank Securities Inc., Barclays Capital Inc., J.P. Morgan Securities LLC and Goldman Sachs (Asia) L.L.C. in connection with an offering by Trina Solar Limited of 8,800,000 American depositary shares (the “ADSs”), representing 440,000,000 of its ordinary shares, for approximately US$96.8 million.
As reported in The Financial Times and The Wall Street Journal, GAME Digital plc, a leading omni-channel specialist retailer of video games in the United Kingdom and Spain, completed its listing on the London Stock Exchange and closed its initial public offering. Canaccord Genuity acted as sole sponsor, financial adviser and joint bookrunner. HSBC and Liberum also acted as joint bookrunners. The Paul, Weiss London office was co-counsel to the issuer along with Macfarlanes LLP.
Nabarro is advising main market listed PXP Vietnam Fund Ltd on a placing and open offer issue to raise up to $134.56 million (before expenses). The placing and open offer is being structured as a C Share issue to avoid economic dilution to the net asset value of the existing ordinary shares in the company. PXP Vietnam Fund invests primarily in listed securities of Vietnamese companies.
Herbert Smith Freehills has recently advised Etablissements Maurel & Prom, a French oil company engaged in hydrocarbon exploration and production, on the issue of net share settled bonds convertible into new shares and/or exchangeable for existing shares (ORNANE) for a nominal amount of approximately €220 million, raised to approximately €253 million after exercise in full of the over-allotment option.
Slaughter and May, Hong Kong, advised the placing agent, a major international investment bank, in relation to the HK$2.12 billion (US$272 million) secondary placing and sale of shares in Lijun International Pharmaceutical (Holding) Co., Ltd. (Lijun), held by Prime United Industries Limited.