Legal & General Capital, the principal investment arm of Legal & General Group, with Woodford Investment Management and the British Business Bank, has invested in Accelerated Digital Ventures (ADV).
Herbert Smith Freehills has advised the Clean Energy Finance Corporation (CEFC) on its A$110 million equity investment in the Investa Commercial Property Fund. This investment is the largest investment in new property that the CEFC has made to date.
The Herbert Smith Freehills team comprised partner Fiona Smedley and senior associate Yorick Ng, Associate.
Simpson Thacher is representing KKR in connection with its investment in Beijing Capital Juda Limited (“Capital Juda”), a leading retail outlets developer and operator in China (HKEx: 1329). Sino-Ocean Group Holding Limited (HKEx: 3377) (“Sino-Ocean”), a leading Chinese property developer, will be making an investment in Capital Juda alongside KKR.
This transaction is the latest in a series of high-profile international investments into the continent that the firm has advised on.
DLA Piper has advised Accelerated Digital Ventures (ADV) on the launch of a new tech venture platform that will fund all stages of the digital technology business lifecycle, from entry to exit. The platform is being funded by ADV’s three institutional investment partners, the British Business Bank, Legal & General plc and Woodford Investment Management.
Linklaters has advised on the establishment of the first Luxembourg European Long Term Investment Fund. This is the first ever Luxembourg investment fund that was approved by the CSSF and constituted under the new EU Regulation on European Long-Term Investment Funds (“ELTIFs”).
Jones Day advised PT Saka Energi, an upstream division of Indonesian national gas company PGN, in its acquisition of a 37.825 percent working interest from BP Plc in the Sanga-Sanga gas production block in Indonesia.
For additional information about this matter, please contact: Maria Tan Pedersen, Benjamin P. McQuhae
Client(s): PT Saka Energi Indonesia
Practice(s): M&A, Energy, Projects & Infrastructure, Tax
Office(s): Hong Kong, Dallas, London, Singapore
Setterwalls has advised Priveq in connection with an investment in 4C Strategies, a supplier of incident and crisis management solutions which operates primarily in the Nordic, British and North American markets.
The team was led by Mattias Detterfelt and Linn Jonsson primarily assisted by Vala Karimi, Cathrine Abadji and Henrik Davidsson.
Shoosmiths has advised Biosite, a Midlands biometric company, on securing £4m of growth capital from Mobeus Equity Partners to further develop a new fingerprint scanning security system.
Solihull based Biosite provides biometric access control and software-based workforce management products which facilitate safe and secure sites for the construction sector. The £4m funding from Mobeus Equity Partners will support the expansion of the Biosite team to facilitate the development of new site-management tools.
The Firm represented China National Agrochemical Corporation (“CNAC”), a wholly owned subsidiary of ChemChina, in connection with its acquisition of 40% stake in Tel Aviv-based Adama Agricultural Solutions Ltd. (“Adama”), one of the world’s leading crop protection companies, from Koor Industries Ltd. (“Koor”). The consideration for Koor’s 40% stake consists of $230 million in cash and the assumption of approximately $1.17 billion in debt. Following the consummation of the transaction, CNAC is now the sole shareholder of Adama.