CMS has advised PFR Towarzystwo Funduszy Inwestycyjnych S.A. ("PFR TFI") on the acquisition of stake in Luka Rijeka d.d., the operator of one of the largest ports on the Adriatic, from the OT Logistics S.A., a leading port operator in Poland. This transaction is the result of a cooperation agreement concluded in April 2016 between OT Logistics S.A. and Foreign Expansion Fund, Closed-End Investment Fund of Non-Public Assets ("FEZ FIZAN"), managed by PFR TFI.

Willkie represents Brookfield in the transaction, expected to close in the third quarter of 2018.

On January 4, Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) announced that it has entered into an agreement to acquire 100% of Westinghouse Electric Company, a leading global provider of infrastructure services to the power generation industry, currently owned by Toshiba Corp.

The Africa team of CMS Francis Lefebvre Avocats advised the NSIA group, a major player in insurance in Sub-Saharan Africa (around 20 life and non-life subsidiaries in more than a dozen African countries) as well as in banking (two banking subsidiaries in Côte d’Ivoire and Guinea), on the takeover of Diamond Bank SA, the Beninese banking subsidiary of the Nigerian Diamond Bank Plc group and its three banks in Senegal, Togo and Côte d’Ivoire (with total assets of more than €600 million).

The Africa team of CMS Francis Lefebvre Avocats advised the NSIA group, a major player in insurance in Sub-Saharan Africa (around 20 life and non-life subsidiaries in more than a dozen African countries) as well as in banking (two banking subsidiaries in Côte d’Ivoire and Guinea), on the takeover of Diamond Bank SA, the Beninese banking subsidiary of the Nigerian Diamond Bank Plc group and its three banks in Senegal, Togo and Côte d’Ivoire (with total assets of more than €600 million).

Slaughter and May is advising a consortium of investors led by Draper Gain Investments Limited on the acquisition of privately owned International Trimmings and Labels Plc, a leading designer, manufacturer and distributor of apparel labelling and identification products and supply chain management solutions with operations in the United Kingdom, Canada, China, India, Sri Lanka, Turkey, Bangladesh, Vietnam, Mexico, North America and South Africa. The transaction, effective as of 31 December 2017, values ITL at $187m on a debt-free, cash-free basis.

Hill Dickinson has recently advised AIM-listed client SigmaRoc plc on its acquisition of Poundfield Products (Group) Limited (Poundfield) for £10.25 million.

SigmaRoc is a construction materials group with a buy-and-build investment strategy focusing on acquiring and operating both upstream and downstream heavy construction materials businesses.

Cross-border Eversheds Sutherland team advises CyrusOne on its agreement to acquire Zenium Data Centers

Eversheds Sutherland has advised US firm CyrusOne Inc. (CyrusOne), a premier global data center REIT, on its agreement with Quantum Strategic Partners Ltd (Quantum) to acquire Zenium Data Centers (Zenium), a leading hyperscale data center provider in Europe, for $442 million.

Quantum is a private investment fund managed by Soros Fund Management LLC. Zenium has four properties in London and Frankfurt, the continent’s two largest data center markets.

Eversheds Sutherland advises Phoenix Equity Partners in multi-million pound acquisition of Forest Holidays

Eversheds Sutherland has advised leading UK mid-market private equity firm Phoenix Equity Partners (Phoenix) on its acquisition of Forest Holidays Group Limited (Forest Holidays), owner and operator of secluded eco-cabins and treehouses on nine sites across Britain’s National Forests.

Phoenix has acquired a controlling stake in Forest Holidays alongside existing shareholders LDC and The Forestry Commission.