Ashurst has advised Judo Capital in one of Australia’s largest pre-revenue capital raisings. The capital raise is from a consortium of domestic and international investors and is being conducted in two tranches.

The capital raise will fund Judo Capital's goal of becoming the first true “challenger bank” for Australia’s small and medium-sized business (SME) market. Judo provides flexible business loans, lines of credit, equipment loans, finance lease and home loans for our business lending customers.

Dentons has advised on a INR1,896 crore (approximately US$291.4 million) qualified institutional placement follow-on share offering by Housing Development Finance Corporation Limited (HDFC). HDFC is the largest housing finance institution in India, with over US$60 billion of gross loans outstanding as of 31 December 2017 and a market capitalisation of over US$42 billion as of 31 December 2017.

DLA Piper has advised elite sports technology company Catapult Group International Limited (ASX:CAT) on its successful AU$25 million institutional placement to fund its growth strategy.

Bird & Bird's London Capital Markets team advised Canaccord Genuity Limited as nominated adviser and broker on the initial public offering of Kore Potash plc on the AIM Market of the London Stock Exchange, with a market cap of AUS$92.6m.

Kore Potash is an advanced stage potash exploration and development company whose primary project is located in the Republic of Congo. Kore is already listed on the Australian Stock Exchange and was also admitted to the main board of the Johannesburg Stock Exchange.

Davis Polk advised Sunlands Online Education Group on its SEC-registered initial public offering of 13,000,000 American depositary shares, each 25 ADSs representing one Class A ordinary share of Sunlands, for total proceeds of $149.5 million. Sunlands has granted the underwriters an option to purchase up to an additional 1,950,000 ADSs. Davis Polk also advised Sunlands on its concurrent private placement of 139,131 Class A ordinary shares to certain existing shareholders at the initial public offering price for a total purchase amount of $40 million.

Davis Polk advised the placing agents in connection with the sale of 189,978,300 shares of Tencent Holdings Limited by a subsidiary of Naspers Limited for a total consideration of approximately $9.8 billion.

Tencent is an investment holding company involved in the provision of social media products Weixin and QQ, online advertising services and infrastructure services including payment, security, cloud and artificial intelligence. Tencent’s shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited.

Immunovia has been approved for listing on Nasdaq Stockholm. The approval is subject to customary conditions. Immunovia was previously listed on Nasdaq First North Premier.
 
First day of trading on Nasdaq Stockholm is scheduled for 3 April 2018, and the last day of trading on Nasdaq First North Premier is scheduled for 29 March 2018.
 
Baker McKenzie is acting as legal adviser to Immunovia in connection with the listing on Nasdaq Stockholm. Baker McKenzie's team consists mainly of Joakim Falkner, Per Blom, Henric Roth, Ian Gulam and Linnea Back.

PARIS (March 29, 2018) – International law firm McDermott Will & Emery advised DBV Technologies (DBV) - a French clinical-stage biopharmaceutical company, on its capital increase by public offering in the United States, Canada and certain other countries outside Europe and by private placement in Europe (including in France).

DBV, listed on Euronext Paris and on the Nasdaq, raised 140.8 million euros following the exercise of the over-allotment option.

Sensirion Holding AG (Sensirion), a leading global manufacturer of environmental and flow sensors domiciled in Staefa, Switzerland, has concluded its Initial Public Offering (IPO) on SIX Swiss Exchange.

Sensirion is a Swiss based pure-play sensor specialist that combines a position at the forefront of sensor innovation with a strong track record of manufacturing sophisticated and cost-efficient environmental and flow sensors for the automotive, medical, industrial and consumer end markets.

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised Sixt SE on the sale of its shares in the carsharing joint venture DriveNow to BMW AG. The BMW Group and Daimler AG are joining their carsharing activities and have agreed to merge their mobility services business units.

A Milbank team led by Norbert Rieger comprehensively advised Sixt SE on corporate, competition and tax law in relation to the transaction.

Advisor to Sixt SE: Milbank, Tweed, Hadley & McCloy LLP