Ashurst has advised Charterhouse and Chequers, the majority shareholders of the Elior catering and concession catering group, on its initial public offering (IPO) on the Paris Euronext market which is planned for the June 11, 2014.

The prospectus of the transaction, initiated by entities controlled by Charterhouse, Chequers and Robert Zolade, was approved by Autorité des marchés financiers on May 27th. The maximum amount of the offer is approximately €1.1 billion.

Norton Rose Fulbright has advised Lekoil Limited, the AIM listed oil and gas exploration and development company with a focus on Nigeria and West Africa, in relation to the placing of 33,000,000 new Ordinary Shares at a price of 67.75 pence per Ordinary Share, raising gross proceeds of approximately $37.7 million (approximately £22.4 million net of expenses).

Herbert Smith Freehills is advising Citigroup Global Markets Australia Pty Limited, Macquarie Capital (Australia) Limited and Merrill Lynch Equities (Australia) Limited in relation to their role as joint lead managers of Asaleo Care Limited’s (Asaleo) initial public offering (IPO) and listing on the Australian Securities Exchange.

Herbert Smith Freehills is pleased to be advising Macquarie Capital (Australia) Limited and UBS AG, Australia Branch in relation to their role as joint lead managers of Mantra Group Limited’s (Mantra Group) initial public offering (IPO) and listing on the Australian Securities Exchange.

Shearman & Sterling advised Commerzbank, J.P. Morgan, Société Générale and UniCredit Bank AG on the initial public offering of shares by Stabilus S.A. (“Stabilus”) on the Frankfurt Stock Exchange.The placement volume amounted to approximately EUR 227.3 million (around EUR 261.4 million if the greenshoe option is fully exercised).

Nabarro has advised longstanding client, Primary Health Properties Plc, one of the UK's largest providers of modern, purpose built primary healthcare facilities, on the launch of a £82.5 million convertible bond due to mature in 2019.

Global legal practice Norton Rose Fulbright has advised BNP Paribas Securities (Asia) Limited as the sole placing agent in the top-up placing of 52 million shares in Summit Ascent Holdings Limited. The total value of the shares is approximately HK$588 million.

Summit Ascent is primarily engaged in trading of tiles and engineering operations products. The top-up placing is mainly to raise funds for further investments for a gaming and resort project in Russia and general working capital.

Speechly Bircham have advised Marimedia, an Israeli online media company, on its AIM flotation. Dealings in its shares on AIM commenced on Wednesday 28 May 2014. Marimedia operates in the fast-growing digital media market and optimises online advertising revenue for website owners globally.

Upon admission to AIM, the company will have a market capitalisation of £95 million and will have raised c.£30 million of new money for the company and selling shareholders.

Ashurst advised J.P. Morgan Cazenove and Oriel Securities as joint sponsors and joint bookrunners on a placing and offer for subscription of shares in Picton Property Income Limited ("the Company"), and the establishment of a placing programme.

The oversubscribed placing and offer of 59.3 million shares at 59p per share successfully raised £35 million, which the Company will use to fund future acquisitions as part of its investment objective.

Ashurst advised Tethys Petroleum, an oil and gas exploration and production company with assets in Central Asia and listed on LSE and on TSX, in relation to its capital raising to fund the continued development of its Kazakh shallow gas programme. Tethys Petroleum conditionally raised $15 million through the issue of 36,894,923 new ordinary shares to new and existing investors at 24p per share.