Dechert LLP advised Groupe Beneteau in the conclusion of an agreement with Polish yacht manufacturer Delphia Yachts, with a view to acquiring its operations designing, building and marketing sailing and motor yachts under the Delphia Yachts and Maxi Yachts brands and for other firms (including Groupe Beneteau). This acquisition will be made through a newly created Polish entity in which Delphia Yachts will retain 20% of the capital.
TLT has supported Warrington Borough Council with the making of a Compulsory Purchase Order (CPO) in relation to a major highway infrastructure scheme.
The Centre Park Link project seeks to deliver a new link road, including a new bridge across the River Mersey, to alleviate town centre traffic congestion, as well as opening up the adjacent land for development.
BCLP has successfully acted for Wightlink Limited, a ferry company operating routes between Hampshire and the Isle of Wight, on the delivery of its flagship ‘Victoria of Wight’.
The successful delivery of ‘Victoria of Wight’ was an important milestone for Wightlink as it marks the completion of Wightlink’s £45m investment programme in to future services.
The deal, which is expected to complete in September, gives Cushman & Wakefield 100 per cent ownership of the commercial business here as well as a minority share in Sherry FitzGerald’s affiliate commercial property businesses in Cork and Belfast. The deal facilitates Sherry FitzGerald Group in focusing on developing its core business.
Casablanca—Dentons Morocco has advised Groupe Palmeraie Développement on a joint venture between Palmeraie Développement Côte d’Ivoire and Mairie du Plateau d’Abidjan to create Hôtel Abidjan Plateau. The team has also advised Groupe Palmeraie Développement on the management agreement with Radisson Hotel Group, a leader in the business hotel sector.
Led by Frankfurt-based Partner Michael Schlitt Hogan Lovells advised Credit Agricole Corporate and Investment Bank ("Credit Agricole CIB") on its entry into a cooperation agreement with Metzler Capital Markets ("Metzler") with respect to equity capital market (ECM) capabilities in Germany.
Watson Farley & Williams advised TUI Cruises GmbH (“TUIC”) on the finalisation of the building contracts for two new InTUItion class cruise ships to be built by Fincantieri, Europe’s largest shipbuilder, in Italy.
London – Paul Hastings LLP, a leading global law firm, announced today that it is advising Monaco Telecom on its agreement with MTN to acquire the entire issued share capital of MTN Cyprus for net sale proceeds of €260 million. MTN Cyprus is the fastest growing mobile and fixed operator in Cyprus with more than 400,000 customers and 2017 revenues of €123 million.
Global law firm Norton Rose Fulbright has advised the Swiss utility Energie 360° AG on the indirect acquisition of project developer and service provider Engine Power Systems Thomsen & Co. GmbH (EPS). With this acquisition, Energie 360° further expands its strategic position in the market for combined heat and power plants (CHP), which is growing worldwide.
On 10 July 2018, Tesla officially signed the investment agreement for a pure electric vehicle project with Shanghai Lingang Area Development Administration and Lingang Group. Tesla, as the sole investor, will build the Tesla Super Factory (Gigafactory 3) in Lingang Area, with integrated functions of R&D, manufacturing and sales. The project is designed to manufacture 500,000 pure electric vehicles per year, making it the first Tesla factory outside the US, and also thus far the largest foreign-invested manufacturing project in Shanghai.