Motorworld group is taking on the operation of Munich’s latest attraction, Hi Sky, the world’s largest mobile Ferris wheel to be set up in the Munich district Werksviertel-Mitte. GSK Stockmann offered comprehensive legal advice to Motorworld group on concluding the operating agreement with Munich manufacturer MAURER SE.
DLA Piper represented Summit Infrastructure Group, Inc. (SummitIG), a network solutions and bandwidth infrastructure provider, in its majority recapitalization by SDC Capital Partners.
The transaction will provide SummitIG with increased access to capital in support of its planned growth. The company's extensive network infrastructure includes more than 500 route miles of unique, newly constructed and 100 percent underground metro and long-haul routes that enable custom-designed, fiber-based solutions for its expansive customer base.
International law firm CMS has advised IPSX Group in securing a Recognition Order by the FCA for the launch of the International Property Securities Exchange (IPSX).
Ashurst Spain advised Dobank on the signature of an agreement for the acquisition of 85% of Altamira Asset Management, S.A. DoBank was selected by the seller following a competitive process.
Watson Farley & Williams (“WFW”) has advised European FinTyre Distribution (“EfTD”) on its signing of a binding agreement to acquire RS Exclusiv Reifengrosshandel GmbH (“RS Exclusiv”) and TyreXpert Reifen + Autoservice GmbH (“TyreXpert”). The acquisition is subject to regulatory approval.
CMS advised PingProperties on several agreements including a franchise agreement in relation to the rebranding of Tulip Inn Amsterdam Airport to Ibis Styles, a brand of AccorHotels.
Sustainability program
The Ibis Styles Amsterdam Airport will have 141 rooms and will run on green energy to comply with Planet21, AccorHotels' sustainability program. Furthermore, the hotel offers a free shuttlebus service to Amsterdam Airport.
Investment management
London – Paul Hastings LLP, a leading global law firm, announced today that the firm has represented LINK Mobility Group AS, Europe’s leading and fastest growing provider of business-to-consumer mobile messaging and mobile services, on its entry into a definitive agreement for the acquisition of Netsize S.A., Netsize S.r.l. and Netsize Internet Payment Exchange AB (“Netsize”).
Netsize is a global provider of omnichannel messaging and micro-payment services.
Kirkland & Ellis LLP advised Bristol-Myers Squibb Company (NYSE: BMY) on its agreement to acquire Celgene Corporation (NASDAQ: CELG) in a cash and stock transaction with an equity value of approximately $74 billion. Under the terms of the agreement, Celgene shareholders will receive 1.0 Bristol-Myers Squibb share and $50.00 in cash for each share of Celgene. Celgene shareholders will also receive one tradeable Contingent Value Right (CVR) for each share of Celgene, which will entitle its holder to receive a payment for the achievement of future regulatory milestones.
Ashurst has acted as external legal counsel to AGL, a leading electricity and gas provider in Australia, in relation to a long-term FSRU charter party with Höegh LNG Ltd for AGL’s proposed Gas Import Jetty Project at Crib Point in Victoria, Australia.
Paris office represents Dalkia on the negotiation and signing of its partnership agreement with Amundi Transition Energétique to support the development of renewable heating networks in France.
Willkie client Dalkia has entered into a partnership agreement with Amundi Transition Energétique to support the development of renewable heating networks in Farance.