Baker McKenzie has advised Maesa and its shareholders (the founders as well as Andera, Tikehau Capital and BNP Private Equity) in the signature by Bain Capital Private Equity of a definitive agreement to acquire a majority stake in the group. In the context of the LBO, the founders and managers of the company will keep 25% of the new entity (excluding management package).
Murray Energy Corporation has been declared the successful bidder in the Chapter 11 bankruptcy auction of Mission Coal Company LLC’s Oak Grove, Seminole Alabama and Maple Eagle mining complexes (“Mission Assets”), located in Alabama and West Virginia. Murray Energy has formed a new, majority-owned unrestricted subsidiary company, Murray Metallurgical Coal Holdings LLC, to acquire and operate the Mission Assets, with its existing JV partner, Javelin Global Commodities (UK) Ltd., as the minority owner of the newly formed subsidiary.
Slaughter and May advised Coca-Cola European Partners plc, the world’s largest Coca-Cola bottler based on revenue, on the transfer of its London trading venue from Euronext London to the Main Market of the London Stock Exchange.
Admission of the shares to the Main Market of the LSE occurred at 8.00 a.m. on 28 March 2019. CCEP shares are also listed on the NYSE, Euronext Amsterdam and the Barcelona, Bilbao, Madrid and Valencia Stock Exchanges.
Contacts
McDermott Will & Emery advised longstanding client and leader in savory snacks, Intersnack Group, on outsourcing their IT infrastructure and negotiated agreements with their two chosen service providers, GTT (previously Interoute) and Getronics.
Davis Polk is advising UBS AG London Branch as financial adviser and sponsor in connection with the simplification of the existing Mondi Group dual listed company structure from two legal entities, Mondi plc and Mondi Limited, into a single holding company structure under Mondi plc.
Davis Polk advised CreditEase Holdings (Cayman) Limited in connection with its contribution of certain business operations, including online wealth management targeting the mass affluent, unsecured and secured consumer lending, financial leasing, SME lending, and other related services or businesses (“Target Business”) to Yirendai Ltd for a total consideration of 106,917,947 newly issued ordinary shares of Yirendai and RMB889 million cash, as may be adjusted in accordance with the pre-agreed mechanism, at the transaction closing.
Eversheds Sutherland is pleased to announce that it represented Oglethorpe Power Corporation (OPC) on finalizing an agreement for a $1.62 billion loan guarantee with the US Department of Energy (DOE), bringing the total loan facilities guaranteed by the DOE for OPC to $4.68 billion.
On 11 February 2019, the French state, represented by the Minister for Transport Elisabeth Borne, and Société Gestionnaire d’Infrastructure CDG Express signed the concession contract to finance, build and operate the CDG Express airport rail infrastructure. The concession was approved by decree of the Prime Minister on 14 February 2019, and was published in the Official Journal on 16 February 2019.
Watson Farley & Williams (“WFW”) advised Japanese lifestyle and beauty store Shibuyala in connection with the opening of its first New York City branch in Manhattan’s East Village neighborhood.
DLA Piper has advised the energy and telecommunications company EWE and its subsidiary, EWE TEL, on the negotiation and signing of a joint venture agreement with Telekom Deutschland GmbH on the expansion of the fiber optics net in North-West Germany. The joint venture operates under the name "Glasfaser NordWest". It is subject to merger control approval by the German Federal Cartel Office, which was filed on 21 March 2019.