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JV/Alliance/Licence

Vinge advises advertising agency Forsman & Bodenfors

06 Jul 2016

Vinge advises advertising agency Forsman & Bodenfors in connection with their formation of a global strategic partnership with Crispin Porter + Bogusky within the MDC Partners (NASDAQ: MDCA) family. This unique collaboration establishes an arsenal of creative talent to deliver the imaginative business innovations that global marketers need today.

The Vinge team advising Forsman & Bodenfors includes partners Fredrik Sonander, Olle Lindén and Raould Svensson (tax) and associate Frida Bäckegren.

Cadwalader Advises Funding Circle on Ground-breaking Marketplace Lending Deal with EIB

05 Jul 2016

Cadwalader successfully advised marketplace lending platform, Funding Circle, in its partnership with the European Investment Bank (EIB) to provide £100 million (US$146 million) of new funding to SMEs in the UK. The loans will be originated through the Funding Circle platform.

This investment, alongside £25 million from the Funding Circle SME Income Fund, will provide a further injection of funding into the UK small and medium-sized business sector over the next several years.

Linklaters advises Ardian on its joint investment with Rabbalshede Kraft in a new wind farm in Sweden to supply Google with clean energy

04 Jul 2016

Linklaters advised Ardian in its joint venture with Rabbalshede Kraft, independent Swedish producer of clean energy, to invest in a 76 MW wind farm in Mariestad and Töreboda in Sweden, one of the regions best suited for onshore wind farm construction in Europe.

The project is 75% owned by Ardian and 25% by Rabbalshede Kraft.

In pursuit of its goal of powering all of its activities with renewable energy, Google has already signed a long-term purchase agreement for all of the energy produced by the wind farm. It will also sell Renewable Energy Certificates.

Darrois Villey Maillot Brochier advises Airbus Group on the finalization of its joint-venture with Safran

04 Jul 2016

Darrois Villey Maillot Brochier advised Airbus Group on the second phase of the creation with Safran of their 50/50 joint-venture Airbus Safran Launchers (ASL). Airbus Group was also advised by Clifford Chance and CMS Francis Lefebvre.

As part of the first phase, Airbus Group and Safran formed a joint company by bringing together their respective civil program contracts and major participations related to civil launcher activities.

Clifford Chance advises State Grid on joint venture with Russia's largest power grid company Rosseti

04 Jul 2016

Leading international law firm Clifford Chance has advised China's State Grid International Development Limited on its joint venture with Rosseti OAO, Russia's largest power transmission and distribution company. State Grid is the largest utility company in the world, and has been ranked seventh in the Fortune Global 500 for five consecutive years since 2011.

The deal is in line with China's 'One Belt One Road' initiative, with the joint venture spearheading investment efforts in the construction of electric grid infrastructure and new power capacity in Russia. 

Gide advises Avril on the creation of a joint venture with BioPolymer Technologies and Bpifrance Investissement

01 Jul 2016

Oilseeds and proteins operator Avril has joined forces with Israeli start-up BioPolymer Technologies (BPT) and the ‘SPI - Sociétés de Projets Industriels’ fund, managed by Bpifrance Investissement with the object of investing in projects to develop French industry as part of the ‘PIA’ future investments programme, in order to produce a resin additive from rapeseed meal through a new joint venture, Evertree. With start-up capital of €24M, Evertree is to receive contributions totalling €72M over four years.

WFW advises on Rosneft and Pietro Barbaro shipping JV

24 Jun 2016

International law firm Watson Farley & Williams (“WFW“) advised Pietro Barbaro S.p.A., a leading Italian shipping group, on the establishment of its joint venture (“JV”) with Russian energy giant Rosneft, through its subsidiary RN-International projects.

The agreement was signed in St. Petersburg by Rosneft CEO Igor Sechin and Pietro Barbaro Group owner Giovanni Barbaro in the presence of Russian President Vladimir Putin and Italian Prime Minister Matteo Renzi.

KWM advises Icon Group on JV with Yibai Healthcare

23 Jun 2016

King & Wood Mallesons is advising Australia's largest provider of medical oncology, Icon Group on a joint venture with Yibai Healthcare to run radiation oncology centres in China.

Icon entered into an agreement with China's Yibai Healthcare which is part of the Shanghai-listed GuiZhou YiBai Pharmaceutical company. Yibai raised approximately $500 million to establish the new cancer centres over two years.

Quadrant Private Equity owns 55% of Icon, the group’s clinicians own the remainder.

Hannes Snellman Counsel to YIT Corporation in a JV with Etera, Onvest and Fennia concerning Mall of Tripla Project

22 Jun 2016

YIT Corporation, Etera Mutual Pension Insurance Company, Onvest Oy, and Fennia Mutual Insurance Company completed on 22 June 2016 a transaction under which the parties created a joint venture for the implementation of the Mall of Tripla and its parking facilities. A consortium consisting of the European Investment Bank (EIB), the Nordic Investment Bank (NIB), Danske Bank, and Handelsbanken granted the project 10-year project credits amounting to a total of approximately EUR 300 million, which will finance half of the construction of the Mall of Tripla.