Sofinnova invested EUR 3.2 million in Agrosavfe, a Belgian agro-biotech company located in Ghent. Agrosavfe was established in 2013 as a spin-off from VIB (Flemish Institute for Biotechnology) and develops camelid binding domains, or Agrobodies®, for diverse applications in agriculture. Sofinnova joins other investors including Gimv, VIB, PMV and Rudi Mariën.

Eubelius assisted Sofinnova in respect of its investment in Agrosavfe. The Eubelius team for this transaction was led by Matthias Wauters and Robin Van Gysel.

Global law firm White & Case LLP has advised BBVA, a leading Spanish bank, on its acquisition of a 9.95 percent stake in Garanti Bank from Dogus Group for approximately EU859 million.

Hogan Lovells represented infrastructure development provider ISA, in an agreement to invest up to USD$80 million in Andean Tower Partners Holdings LLC (ATP), a private owner of wireless communication towers and equipment in Colombia and Peru. ATP is a subsidiary of Digital Bridge Andean Tower Holdings LLC, a North American company.

DLA Piper has advised China Ping An Insurance Overseas Holdings on its strategic investment in popular E-platform BIGO Live. This is the third round of financing for BIGO Live, which has raised in aggregate over US$180 million since its inception in 2015.

Gleiss Lutz has advised Union Asset Management Holding AG (Union Investment) on the acquisition of a 49.9 percent participation in the newly established ZBI Partnerschafts-Holding GmbH (ZBI Partnerschafts-Holding). The ZBI group’s extensive experience and competence in the area of residential property will be concentrated and continued in the form of an independent unit specialising in residential property investments. An agreement to that effect was signed on 6 March 2017.

Linklaters advised VTB Capital, and Renaissance Capital and CLSA Ltd on the sale by Onexim Holdings Ltd of a c.3% stake in UC Rusal.

UC Rusal is one of the largest aluminium producers in the world, with ordinary shares listed on the Hong Kong and Moscow Stock Exchanges. It is also listed on Euronext Paris in the form of Global Depositary Shares (GDRs) and Moscow Exchange in the form of Russian Depositary Receipts (RDRs).

Linklaters Hong Kong-based partner Alex Bidlake, commented:

Norton Rose Fulbright has acted for Right Click Capital on the launch of its Growth Fund, the firm’s second venture capital investment fund. The fund is structured as an early stage venture capital limited partnership (ESVCLP) and is aimed at investing in early stage technology companies.

Clifford Chance advised electricity supplier Elektrizitätswerk der Stadt Zürich (ewz) and Swiss investor Fontavis AG on the acquisition of a stake in Trianel Windkraftwerk Borkum II GmbH & Co. KG.

Kirkland & Ellis International LLP is advising TDR Capital, Sun Capital and their portfolio company Keepmoat Limited on the sale of Keepmoat’s regeneration arm to energy and services provider ENGIE. Keepmoat is a leading homebuilder and regeneration business in the UK and the number one partnership housebuilder to the public sector. Read more about the transaction here.

The consideration for the transaction, which was announced on March 2, 2017, is approximately GBP330 million.

Olswang has advised long-standing client Turner International, a division of Time Warner, on two transactions in recent weeks.