International law firm Clifford Chance has advised Actis and its portfolio platform joint venture, Lekela Power B.V., the pan-African renewable energy generation platform, on its acquisition of co-development rights and sole rights to invest in the Taiba N'Diaye wind farm project in Senegal.
Golar LNG Limited has entered into a 50/50 joint venture with investment vehicles affiliated with private equity firm Stonepeak Infrastructure Partners.
The joint venture company, Golar Power Ltd, will offer integrated LNG based downstream solutions, through the ownership and operation of floating storage and regasification units and associated terminal and power generation infrastructure.
Shanghai – Orrick represented JD.com, Inc. (NASDAQ: JD), the largest online direct sales company in China, on its strategic alliance with U.S. retail giant Walmart (NYSE:WMT).
As part of the agreement, Walmart will receive 144,952,250 newly issued JD.com Class A ordinary shares, amounting to approximately 5 percent of total shares outstanding and the companies will partner in several strategic areas, including:
Orrick advised StudioCanal in the acquisition of Paddington and Company Limited, which owns all intellectual property rights apart from publishing rights to Michael Bond’s classic children’s character Paddington Bear.
Castik Capital, a European private equity investment firm, has partnered with management to acquire Acrotec Groupe SA, a leading Swiss supplier of precision components to the watch market and other high-value industrial end markets.
International law firm Olswang has advised iconic brand Hard Rock International on its collaboration with London's largest owner-operator hotel company, glh Hotels, to launch the inaugural Hard Rock Hotel in London.
Hong Kong – Paul Hastings LLP, a leading global law firm, announced today that it represented FountainVest Partners (“FountainVest”), a leading China-focused private equity firm, in a joint venture with global sports, fashion, and entertainment talent management company WME-IMG, together with venture capital and private equity firm Sequoia Capital China, and Chinese internet service provider Tencent. The joint venture will enable WME-IMG to accelerate the growth of its existing Chinese business and embark on new initiatives for their clients and partners.
Gide assisted, from July 2013 to April 2016, the Mining Rights and Agreements Technical Review Committee (Comité Technique de Revue des Titres et Conventions Miniers, CTRTCM), a technical body of the National Mining Commission of the Republic of Guinea, on the review of the mining rights and agreements issued or entered into before the enactment of the new Mining Code of Guinea, which was adopted in 2011 and amended in 2013.
Dechert LLP advised 4SC AG in a cross-border licensing and development partnership with Guangzhou LingSheng Pharma Tech Co., Ltd (Link Health). The partnership agreement, developed for rights involving cancer compound 4SC-205, provides Link Health with exclusive licensing rights for the development and marketing of the compound in China, Hong Kong, Taiwan, and Macao. Link Health will have the responsibility of performing and financing the clinical development of the compound.
Vinge has assisted Bimobject in connection with the set-up of a joint venture in China together with a subsidiary within the Jianyi Investment Development Group.
The joint venture will, in addition to its equity of 1 million USD of which Bimobject has contributed 400,000 USD, be funded over the coming two years with investments from Jianyi in the amount of 12,000,000 USD. Bimobject is at the same time intended to be the main supplier of technology, know-how and technical service to the joint venture.