The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised ProSiebenSat.1 Media SE on the integration of maxdome and the Eurosport Player into the 7TV Joint Venture with Discovery.
Sidley is advising Transmit Entertainment Limited (SEHK:1326) (Transmit Entertainment) on its VIE agreements announced on May 27, 2018. In this transaction, Guangzhou Huohua Investment Company Limited (Guangzhou Huohua), a wholly-owned subsidiary of Transmit Entertainment, entered into VIE agreements with Khorgas Houhai Culture Media Company Limited (Khorgas Houhai), the P.R.C. Special Purpose Vehicle (SPV) and the ultimate shareholders of the SPV. The cash consideration of the transaction is RMB450 million.
A team led by Dr. Daniela Hattenhauer, Partner at Heuking Kühn Lüer Wojtek, successfully assisted Rhein-Neckar-Verkehr GmbH in the Europe-wide award procedure for rail vehicles worth hundreds of millions of euros. The winning bid was placed by Škoda Transportation a.s. The advice included the designing of the negotiation procedure, the drafting of the contract, the negotiation of financing, and the support of the procedure up to the contract award to the winning bidder.
TLT has advised Thrive Renewables on a joint venture (JV) with Aura Power to supply medium and large energy users with free battery storage installations in return for revenue share.
A cross-border team of lawyers from Baker McKenzie advised Ellomay Capital on the execution of a power purchase hedge agreement (PPA) for its 300-MWp Talasol solar photovoltaic project in Spain. The 10 year contract is the first of its kind in Spain and was executed with a leading international energy company with a solid investment grade credit rating and a pan-European asset base.
Hogan Lovells represented Greystar Real Estate Partners (Greystar) in its recently announced entry into a merger agreement for the acquisition of EdR, one of the nation's largest developers, owners and managers of high-quality collegiate housing communities, by a newly-formed, perpetual-life fund, Greystar Student Housing Growth and Income Fund, LP, which is an affiliate of Greystar. The all-cash deal is valued at US$4.6 billion and is expected to close in the second half of 2018.
Global law firm Norton Rose Fulbright has advised Fortune Lianjiang Shipping S.A., an indirect subsidiary of shipping conglomerate CSSC (Hong Kong) Shipping Company Limited, on the US$1.2 billion financing and delivery of the world’s first converted floating liquefied natural gas (FLNG) production vessel “Hilli Episeyo”, under a sale and leaseback agreement between Fortune Liangjiang Shipping S.A. as lessor and Golar Hilli Corporation as bareboat charterer, supported by Golar LNG Limited.
Global law firm Norton Rose Fulbright has advised Danakali Ltd and its subsidiary, Colluli Mining Share Corporation (CMSC), on a bankable binding take-or-pay offtake agreement with EuroChem Trading GmbH (EuroChem) in relation to up to 100 per cent of the Module 1 Sulphate of Potash production from CMSC’s Colluli Potash Project, located in Eritrea.
Norton Rose Fulbright acted as Danakali and CMSC’s legal adviser in relation to the agreement, supporting negotiations and associated legal drafting.
Schulte represented activist investor Voce Capital Management LLC in securing two directors to the board of Natus Medical Inc., a leading manufacturer of medical devices and software. Voce Capital has invested in Natus multiple times over the past five years and has built a stake of over two percent since January 2018.
The Schulte team that represented Voce Capital is led by partner and co-chair of the firm's global Shareholder Activism Group Marc Weingarten and shareholder activism partner Aneliya Crawford, and includes associate Reuben Zaramian.
International law firm CMS has acted for AXA Investment Managers - Real Assets (“AXA IM - Real Assets”), the leading real estate portfolio and asset manager in Europe, on its agreement, on behalf of clients, to sell Ropemaker Place, a prime office building in the City of London, to a subsidiary of Singaporean-listed company Ho Bee Land, for £650 million.