US equity firm General Atlantic has just announced a major strategic growth investment in Joe & the Juice. Plesner advised General Atlantic on the transaction.
General Atlantic becomes a new investor in Joe & the Juice with a view to further increasing the growth of the Danish juice and coffee bar. Joe & the Juice was founded in 2002 and today it has approximately 160 stores, primarily in the Nordic region and across the United Kingdom. In recent years, Joe & the Juice has increased its presence in Asia and it has just entered the US market.

A team led by Dr. Mathias Schröder, Partner at the Munich office of the law firm of Heuking Kühn Lüer Wojtek, comprehensively advised UGISense AG on the acquisition of patents and other assets from Austrian company ugichem Gesellschaft für organische Chemie mbH. The patents were acquired from insolvency in an asset deal.

Ashurst has advised Abertis Infraestructuras S.A. on the investment by a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) in Abertis' Chilean toll road business. The value of the investment implies a cash inflow of €495 million for Abertis.

The transaction provides ADIA with a 20% interest in the six toll road concessions managed by Abertis in Chile. Abertis, which will retain an 80 per cent interest in the business, is the largest toll road operator in Chile in terms of traffic, with the six concessions totalling 771 kilometres under management.

DLA Piper represented SoftBank Group International, the investment arm of Tokyo-based telecommunications and internet company Softbank, in connection with its leading role in the US$130 million Series B funding of Zymergen, a Silicon Valley-based bioengineering startup.

Simpson Thacher represented Brummer & Partners in connection with the formation of its second Bangladesh fund, Frontier Bangladesh II L.P. The fund reached a final close in September 2016 with $104 million in commitments. Brummer is a leading European asset manager and a pioneer in the sponsorship of private funds focused on frontier markets.

The Simpson Thacher team consisted of Adam Furber, Michael Ceulen and Chuan Liu (Investment Funds); Katharine Moir (Tax); and Jeanne Annarumma (ERISA).

Dutch retail property group Redevco and UK pension manager Hermes Investment Management have initiated their €250m European retail real estate acquisition programme by acquiring the shopping centre "L’Espace du Palais" in Rouen, France.

The Redevco/Hermes Investment Management European joint venture is targeting investments in high-street properties, shopping centres and retail parks in need of hands-on asset management in France, Germany, the Benelux countries and the Nordic region.

International law firm Watson Farley & Williams (“WFW”) has advised OMV AG (”OMV”) and OMV (U.K.) Limited (“OMV UK”), a subsidiary of OMV, on achieving completion of the divestment of a thirty per cent (30%) interest in the Rosebank Field and related Licences (the “Assets”) to Suncor Energy UK Limited for a consideration, subject to adjustments, of up to US$215m (US$50m at completion and up to US$165m upon the final investment decision on the development of the Rosebank Field).

Clifford Chance advised Samba Financial Group (SAMBA), National Commercial Bank (NCB), and Banque Saudi Fransi (BSF), the lenders, on a SAR5 billion syndicated murabaha facility to Saudi Electricity Company (SEC).

The unsecured loan, which will have tenure of seven years, will be used to finance SEC's projects.

Riyadh Head of Finance for Clifford Chance, Mohamed Hamra-Krouha said: "We are once again delighted to have advised lenders to SEC on yet another landmark financing transaction, achieved in a tight timeframe with minimal fuss."

The Firm is representing Office Depot, Inc. (NASDAQ: ODP) in the announced sale of its European business to the Aurelius Group. Annual revenue for the European business is approximately €2 billion. The transaction is subject to regulatory approval from the European Commission and consultation with the central works council representing employees in France. The transaction is expected to close by the end of 2016.

Office Depot, Inc. is a leading global provider of products, services and solutions for the workplace.

Sidley advised TowerBrook Capital Partners L.P. (TCP) and KKR Credit Advisors (US) LLC on their acquisition of a minority stake in OVH Groupe SAS (OVH), a leading provider of cloud infrastructure, telecommunications and web hosting services. The €250 million in growth capital provided by TowerBrook and KKR will allow OVH to take advantage of the rapidly expanding market for cloud and internet infrastructure services, while also broadening its customer base and services in new geographies.