Davis Polk is advising Temenos Group AG in connection with its £1.4 billion recommended cash offer to acquire the entire share capital of Fidessa group plc. Fidessa shareholders will receive £35.67 in cash for each share together with a final and special dividend of 79.7 pence per share. Credit Suisse have provided a senior unsecured bridge facility to finance the offer. The offer, that will be implemented by way of a U.K. scheme of arrangement, is subject to regulatory and antitrust approvals and other customary conditions.

Davis Polk is advising Temenos Group AG in connection with its £1.4 billion recommended cash offer to acquire the entire share capital of Fidessa group plc. Fidessa shareholders will receive £35.67 in cash for each share together with a final and special dividend of 79.7 pence per share. Credit Suisse have provided a senior unsecured bridge facility to finance the offer. The offer, that will be implemented by way of a U.K. scheme of arrangement, is subject to regulatory and antitrust approvals and other customary conditions.

Ashurst is advising Rothschild in relation to the £46 million recommended cash takeover of Stadium Group plc by TT Electronics plc.

King & Wood Mallesons (KWM) have advised APA Group (APA) on its entitlement offer (PAITREO) of new APA securities, which was launched today. 
 
The KWM team was led by M&A Partners David Eliakim and Will Heath, supported by Senior Associate Anna Chen, and associates Chloe Johnston and Evelyn Peter.
 
The entitlement offer will be used to assist in the funding of APA’s growth projects and capital expenditure program, the funding of the redemption of APA Subordinated Notes, and for other general corporate purposes.
 

King & Wood Mallesons (KWM) have advised APA Group (APA) on its entitlement offer (PAITREO) of new APA securities, which was launched today. 
 
The KWM team was led by M&A Partners David Eliakim and Will Heath, supported by Senior Associate Anna Chen, and associates Chloe Johnston and Evelyn Peter.
 
The entitlement offer will be used to assist in the funding of APA’s growth projects and capital expenditure program, the funding of the redemption of APA Subordinated Notes, and for other general corporate purposes.
 

Ashurst is advising Rothschild in relation to the £46 million recommended cash takeover of Stadium Group plc by TT Electronics plc.

Travers Smith LLP has advised TruFin plc, the FinTech and banking business, on its £185 million IPO and admission to AIM.

TruFin plc successfully conducted a conditional placing and subscription of Ordinary Shares to raise gross proceeds of approximately £70 million.

Herbert Smith Freehills is advising Woodside Petroleum Ltd. (Woodside) on its A$2.5 billion fully underwritten 1 for 9 renounceable pro-rata entitlement offer (with retail rights trading) announced to ASX on 14 February 2018.

The proceeds from the equity raising will be used by Woodside to fund the acquisition of up to an additional 50% interest in the Scarborough gas field and for general corporate purposes, including funding support for the Scarborough and SNE Phase 1 developments and to progress development of Browse to targeted final investment decision.

Tobin Properties has completed a rights offering with preferential rights for its existing shareholders. Through the rights offering, Tobin Properties received proceeds amounting to approximately SEK 52 million before offering costs.

In connection with the rights offering, Tobin Properties competed a private placement of a total of 7 500 000 ordinary shares to Klövern AB (publ) corresponding to SEK 150 million.

Herbert Smith Freehills is advising Woodside Petroleum Ltd. (Woodside) on its A$2.5 billion fully underwritten 1 for 9 renounceable pro-rata entitlement offer (with retail rights trading) announced to ASX on 14 February 2018.

The proceeds from the equity raising will be used by Woodside to fund the acquisition of up to an additional 50% interest in the Scarborough gas field and for general corporate purposes, including funding support for the Scarborough and SNE Phase 1 developments and to progress development of Browse to targeted final investment decision.