CMS has acted for longstanding client Landsec on the disposal of its 50% stake in 20 Fenchurch Street, London to LKK Health Products Group Limited (“LKKHPG”), a division of Hong Kong-based Lee Kum Kee Group, for a headline price of £641.3 million.
Linklaters has advised Alliance Automotive Group (AAG), a leading distributor of light and commercial vehicle parts to the independent aftermarket in France, Germany and the UK, on the acquisition of a 51.3% controlling stake in GROUPAUTO Polska (GAP). The transaction is subject to approval of the Polish Competition Authority, with completion expected by the end of September 2017. The Linklaters’ team provided comprehensive legal advice and support to AAG, covering all legal aspects of the deal.
William Fry is delighted to have represented Davy and RBC Capital Markets as Joint Bookrunners and, in the case of Davy, as NOMAD and ESM Adviser on Greencoat Renewables' €270m capital raise and admission to the AIM and ESM markets of the London Stock Exchange and the Irish Stock Exchange. Greencoat Renewables is the first renewable energy infrastructure company to list on the Irish Stock Exchange, and the first euro-denominated renewable energy infrastructure company to list on the London Stock Exchange.
Trius Holdings S.C.A. has entered into an agreement on 27 July 2017 to sell its shares in ista Luxembourg GmbH to Lamarillo S.à.r.l. (“Purchaser”). The Purchaser is an indirect wholly-owned subsidiary of Cheung Kong Property Holdings Limited (“CKP”). In this context, CKP has entered into a joint venture formation agreement with CK Infrastructure Holdings Limited (“CKI”), pursuant to which the Purchaser will become a 65/35 joint venture of CKP and CKI, subject to obtaining approval from the respective shareholders of CKP and CKI.
Travers Smith LLP has advised management on the acquisition by funds managed and/or advised by Partners Group of Civica from OMERS Private Equity, in a transaction that gives the business an enterprise value of just over £1 billion.
Civica is an international market leader in specialist software systems and business process services for the public sector and regulated private sector markets.
Addleshaw Goddard's Yorkshire Corporate team has advised private equity house, Key Capital Partners (KCP), on its majority investment of over £8m, backing the management team of YorkTest Laboratories Limited (YorkTest) in completing an MBO that sees CBPE Capital sell its entire stake in the food intolerance testing business.
Herbert Smith Freehills' leading Asia technology, media and telecoms team has advised global TMT investor Softbank on its investment in a new equity funding round for Southeast Asia's Grab, an online transportation and payments platform.
Softbank will lead the investment in the current funding round alongside China's Didi Chuxing, the world's leading one-stop mobile transportation platform, to together invest up to US$2 billion.
With an additional US$500 million anticipated before close, this would be the largest single tech financing in Southeast Asia.
Global law firm White & Case LLP has advised Crédit Mutuel Arkéa on its exclusive negotiations to acquire through Keytrade Bank, the Belgian branch of Arkea Direct Bank, the client portfolio of investment products and pensions saving funds from the Belgian branch of Dutch credit institution Coöperatieve Rabobank U.A.
Dechert LLP advised Continental, a German company and one of the leading automotive suppliers worldwide, in its minority private equity investment in EasyMile SAS, a French high-tech startup specializing in the autonomous vehicle market. The completion of the transaction is subject to approval from relevant antitrust authorities.
Esin Attorney Partnership, a member of Baker & McKenzie International and Baker McKenzie advised Marubeni on its acquisition of a 45.5% interest in Saide Tekstil Sanayi ve Ticaret Anonim Sirketi (Saide), an apparel company in Turkey, in the largest ever investment by Marubeni's apparel department. Saide has a planning office in London, and has been rapidly expanding its sales in the European market by providing customers with products designed to reflect the latest global trends with short lead times.