Groundbreaking project to enable issuance of tokenized equity to institutional investors.
Nivaura, a leading financial technology firm, will participate in the fourth cohort of the FCA’s Regulatory Sandbox alongside 20|30, a UK company building a blockchain-based platform for corporate equity issuance.
Right in time for midsummer, the Finish company HopLop opened its first indoor sports and adventure park in Germany. A team led by Dr. Martin Imhof, partner at Heuking Kuhn Lueer Wojtek’s Dusseldorf office assisted HopLop on its market entrance in Germany and in particular advised on corporate and real estate matters. HopLop aims to further grow in Germany and to open additional parks in the near future. In total, HopLop invested about EUR 2 million in the new children’s paradise in Pulheim.
Allen & Overy has advised leading global provider of connectivity and internet services VEON on its agreement with CK Hutchison Holding Ltd. (“CK Hutchison”) for the sale of VEON’s 50% stake in Wind Tre to CK Hutchison for a total cash consideration of EUR2.45 billion. On completion of the transaction, expected in the autumn of 2018, CK Hutchison will own and control 100% of Wind Tre.
Client name
Tata Steel
Other parties involved
Thyssenkrupp
Nature of transaction
PARIS – Dechert LLP advised the shareholders of Neovia, majority owned (67.5%) by the group InVivo, on an exclusive negotiation agreement with Archer Daniels Midland Company (ADM).
ADM made a firm offer to acquire 100% of Neovia valuing the company at €1.535 billion. The offer presented by ADM also covers the minority shares held by Eurazeo, Unigrains, Future French Champions and IDIA Capital Investissement.
Mayer Brown JSM advised Swire Properties in an agreement to sell 10 office floors on the High Zone, the commercial area and the car-parking spaces of Cityplaza Three and the entirety of Cityplaza Four (“the property”) in Taikoo Shing on the Hong Kong Island through the sale of the entire equity interest in a property holding entity (“the entity”). It is the second highest commercial real estate acquisition by Mainland Chinese buyers in recent years.
The strategic partnership will focus on Altar copper-gold project in Argentina
Linklaters has advised the mining company Sibanye-Stillwater in a transaction that will lead to the formation of Aldebaran Resources.
NEW YORK – Allen & Overy represented WillScot Corporation (the “Company”) with respect to its entry into a definitive agreement to acquire Modular Space Holdings, Inc. (“MS Holdings”), the parent holding company of Modular Space Corporation (d/b/a “ModSpace”), for an enterprise value of approximately $1.15 billion. Allen & Overy is also representing the Company in connection with the financing required to consummate the acquisition.
Global law firm Herbert Smith Freehills has acted for Elementis plc, a global specialty chemicals company, on its agreement in principle with Advent International in relation to the proposed acquisition of Mondo Minerals B.V. known as "Mondo", a leading integrated producer of industrial talc additives. The acquisition values Mondo at an enterprise value of US$600 million on a cash free, debt free basis.
Dechert advised Differential Brands Group Inc. (NASDAQ:DFBG), a portfolio of global consumer brands comprised of Hudson, Robert Graham and SWIMS, on entering a definitive purchase agreement with Global Brands Group Holding Limited, a Hong Kong listed company (SEHK Stock Code: 787) to acquire a significant part of GBG’s North American licensing business for a purchase price of $1.38 billion.