CIMB and China Galaxy have completed the sale by CIMB to China Galaxy of a 50 per cent. interest in CIMB Securities International Pte Ltd (“CSI”), the holding company of CIMB’s ex-Malaysia stockbroking business, which comprises institutional and retail brokerage, equities research and associated securities businesses across Indonesia, Singapore, Thailand, Hong Kong, South Korea, India, the United Kingdom and the United States of America. CSI will be rebranded as CGS-CIMB Securities once relevant regulatory approvals are obtained.

Ashurst has advised the University of Tasmania (UTAS) on its innovative partnership to grant a 30-year licence for 10 of the University's 14 purpose-built accommodation properties to The Spark Living Consortium (Spark Living).

The consortium, which includes DIF and Tetris Capital, has paid an undisclosed amount in return for the future rental revenue of the 14 facilities across the State, totalling 1,800 beds. Spark Living also became the asset manager of the facilities when the deal was finalised in December 2017.
 

Ropes & Gray advised Nanjing, China-based Simcere Pharmaceutical Group in a strategic collaboration with Netherlands-based Merus to obtain an exclusive license to develop and commercialize in China three bispecific antibodies using Merus’ Biclonics technology platform in immunooncology.

CMS Cameron McKenna Nabarro Olswang in Kyiv is pleased to announce that it has advised SD Capital on the English and Ukrainian law aspects of a joint venture transaction which brings P&O Maritime (owned by DP World Group - one of the worlds’ largest port operators) to Ukraine for the first time. As part of the transaction, P&O acquired control over the Ukrainian harbour towage company LB Shipping. The joint venture will provide towage services in Ukraine’s Black Sea port of Yuzhnyi.

CIMB and China Galaxy have completed the sale by CIMB to China Galaxy of a 50 per cent. interest in CIMB Securities International Pte Ltd (“CSI”), the holding company of CIMB’s ex-Malaysia stockbroking business, which comprises institutional and retail brokerage, equities research and associated securities businesses across Indonesia, Singapore, Thailand, Hong Kong, South Korea, India, the United Kingdom and the United States of America. CSI will be rebranded as CGS-CIMB Securities once relevant regulatory approvals are obtained.

Ropes & Gray advised Nanjing, China-based Simcere Pharmaceutical Group in a strategic collaboration with Netherlands-based Merus to obtain an exclusive license to develop and commercialize in China three bispecific antibodies using Merus’ Biclonics technology platform in immunooncology.

The international law firm Milbank, Tweed, Hadley & McCloy LLP is advising Schoeller Industries, Amsterdam/Pullach, the holding company owned by the Schoeller family and the founding shareholder in Schoeller Allibert Group, in connection with the sale of the stake held by its co-shareholder, J.P. Morgan, to Brookfield Business Partners L.P. and the partnering between Schoeller and Brookfield. The Schoeller family has agreed to contribute further business interests to Schoeller Allibert.

Law firm Stephenson Harwood LLP has advised Covanta Holding Corporation (Covanta) on a strategic partnership, structured as a 50:50 joint venture, with Green Investment Group (GIG), a subsidiary of Macquarie Group Limited. The partnership will develop, fund and own energy-from-waste (EfW) projects in Ireland and the UK.

Orrick has advised OptAsia Healthcare, a Hong Kong-based healthcare technology firm, on its joint venture with Redwood City, CA-based Soleno Thera-peutics (NASDAQ:SLNO) and its subsidiary Capnia for the development and commercialization of Capnia’s innovative Sensalyze technology platform, which includes the CoSense End-Tidal Carbon Monoxide monitor that assists in the detection of excessive hemolysis in newborn infants.

Milbank, Tweed, Hadley & McCloy LLP has advised Seaoil Philippines, Inc., the country’s largest independent fuel operator, in a strategic partnership with Caltex Australia Petroleum Pty Ltd. Caltex will acquire a 20% equity interest in Seaoil.

The transaction, valued at US$100 million, will allow Seaoil to benefit from Caltex’s support for continued growth strategy.