Clifford Chance represented Bank Millennium in the process of structuring, negotiating and signing an agreement with Societe Generale regarding the acquisition of Euro Bank by Bank Millennium.
The Federal Association of German Banks (BdB) has paved the way for the inclusion of the former regional bank HSH Nordbank in its deposit protection fund as a condition for the sale and the planned privatisation of the bank. Clifford Chance, supported by the Auditing Association of German Banks (Prüfungsverband deutscher Banken e.V.), advised BdB on the negotiations. This is the first time in German banking history that private investors have been allowed to take over a state-controlled regional bank.
Linklaters has advised at the European Banking Authority (EBA) is moving its headquarters to Cegereal’s Europlaza tower in the La Defense district in Paris. The EBA is expected to take possession of the premises in April 2019 for a period of nine years.
The EBA will move its 160 staff from its current base in London’s Canary Wharf.
Marc Perrone, Head of Financial Regulation at Linklaters in Paris, says:
Baker McKenzie has advised Mitsubishi UFJ Trust and Banking Corporation (MUTB) on its agreement to acquire Colonial First State Global Asset Management from Commonwealth Bank of Australia for A$4.1 billion (US$2.9 billion).
London — Mayer Brown represented HSBC in its negotiations on the design and development agreement with IHS Markit to create MyDeal, a digital technology app and underlying platform that enables the bank's employees and clients to access transactional, logistical and other updates relating to investor roadshows during the capital market fundraising process.
Leading international law firm Clifford Chance advised Deutsche Post DHL Group on the transfer of its supply chain operations in Mainland China, Hong Kong and Macau to S.F. Holding. Deutsche Post DHL Group is the world's leading mail and logistics company and S.F. Holding is the leading premium logistics service provider in China.
DLA Piper represented ResMed (NYSE: RMD), a world-leading connected health company, in a definitive agreement to acquire privately held MatrixCare, a leader in US long-term post-acute care software, serving more than 15,000 providers across skilled nursing, life plan communities, senior living and private duty, for US$750 million.
CMS has advised the US electric scooters company Bird on its establishment in Madrid.
Bird was the first company to back electric scooters as a means of sustainable urban mobility in the United States. They currently operate in more than 120 cities around the world such as Paris, Vienna, Zurich or Brussels, among others.
Watson Farley & Williams (“WFW“) advised Italian renewable energy holding company K.R.Energy S.p.A. (“K.R. Energy”) on the preliminary agreement for its sale of Idroelettrica Tosco Emiliana S.r.l. (“ITE”) to Energy Opportunity S.r.l.
ITE owns the Lucchio hydropower plant in the central Italian region of Tuscany as well as the Saltino site in Emilia-Romagna in the north east.
BASF has selected Harjavalta, Finland, as the first location for battery materials production serving the European automotive market. Start-up is planned for late 2020, enabling the supply of approximately 300,000 full electric vehicles per year with BASF battery materials. The new production plant will be constructed adjacent to Nornickel's metals refinery which will cover the plant's demand for nickel and cobalt feedstocks through the long-term supply arrangement.