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Corporate

WFW advises Enterprize Energy on Taiwanese offshore wind joint ventures with Mitsui

11 Jun 2018

Watson Farley & Williams (“WFW”) has advised Enterprize Energy Pte. Ltd. (“EEPL”) on its strategic joint venture investment agreements in the Taiwanese offshore wind sector with Japan’s Mitsui & Co (“Mitsui”). As part of the agreements, Mitsui has acquired a 50% stake in EEPL subsidiary Yushan Energy Company Ltd (“YECL”), which owns a 40% interest in the Hai Long offshore wind development in the Taiwan Strait between that Island and mainland China.

Baker McKenzie Advises UVita GmbH on Successful Tender of Electronic Health Platform

06 Jun 2018

Baker McKenzie advised UVita GmbH (future Vivy GmbH) on the tendering procedure "Electronic health platform" of BITMARCK Software GmbH, the leading provider of IT in the field of health insurances, substitute funds and trade guild health insurances. The start-up company prevailed against competitors with its healthcare app "Vivy" in an European-wide procurement procedure and won the contract.

MET Group Transforms into a Management-owned Company

04 Jun 2018

Leading global law firm Baker McKenzie advised MET Group, the Swiss-based energy group, in its transformation into a management-owned company. While the foregoing shareholders have divested all their holdings in the company, MET Group managers will participate via a share program through MET ManCo AG for up to 20%. Baker McKenzie has advised MET Group on the legal structuring as well as the acquisition financing aspects of this transaction which closed on 29 May 2018.

LaSalle acquires $7 billion Real Estate Multi-Manager business and management of €1.7 billion pan-European fund from Aviva Investors

01 Jun 2018

Jones Day advised Jones Lang Lasalle Incorporated’s subsidiary LaSalle Investment Management on its agreement to acquire the entire Real Estate Multi-Manager (“REMM”) business of Aviva Investors and full ownership of the management of the Encore+ fund (“Encore+”). Aviva's REMM business has $7 billion (€6.05 billion) of assets under management. Encore+, an open-ended Continental European real estate fund, currently has a gross asset value of $ 1.967 billion (€1.7 billion).

White & Case Advises Social Game Developer Zynga on Agreement to Acquire Gram Games

01 Jun 2018

Global law firm White & Case LLP has advised Zynga Inc., a social game developer, on its agreement to acquire the privately held social game developer Gram Games for US$250 million with a three-year earnout

Zynga is responsible for developing well-known games, such as Words with Friends, FarmVille and CSR2 Racing. The acquisition brings to Zynga a talented team with a track record of developing top mobile games, such as Merge Dragons! and 1010!

Baker McKenzie acts for Mars Australia to Match 100% of its Electricity Use with Renewable Energy by 2020

01 Jun 2018

Baker McKenzie has successfully assisted its longstanding client, Mars Australia in signing a 20 year power-purchase agreements (PPA) with Total Eren to generate the equivalent of 100% of Mars’ electricity from renewable energy by 2020.

Total Eren is developing and will build the Kiamal Solar Farm near Ouyen, Victoria which will be operational in mid-2019 and will add solar power to the national grid. The Mars PPAs will also facilitate the planned build of a second renewable project by Total Eren in NSW.

Wierzbowski Eversheds Sutherland supported the British team in the sale of John Guest Holdings

31 May 2018

The M&A team of Wierzbowski Eversheds Sutherland supported the Eversheds Sutherland UK office in the preparation and organisation of the documentation of the Polish company John Guest Polska Sp. z o.o. in connection with the sale of John Guest Holdings based in the United Kingdom.

Eversheds Sutherland has advised the shareholders of John Guest Holdings – a leading British engineering company with a global reach – on its £687 million sale to Reliance Worldwide Corporation (RWC). The transaction was announced on 24 May.

KWM assists Weichai Power to enter into equity investment and framework agreements with Ceres Power

30 May 2018

King & Wood Mallesons’ cross-border team advised Weichai Power ("Weichai") one of China’s leading automobile and equipment manufacturing companies, with a market capitalization around ¥ 85 billion, producing 600,000 engines per year, on its entering into equity investment and framework agreements with AIM listed Ceres Power, a world leading developer of fuel cell technology including its unique patented SteelCell® technology.