Herbert Smith Freehills has advised Japan's Mitsui & Co., Ltd. on its US$140 million investment in healthcare group Columbia Asia's latest funding round.
Mitsui first invested in Columbia Asia in July 2016. This latest investment doubles the Mitsui's stake in one of Asia's largest healthcare providers to a total interest of 26.09%. Herbert Smith Freehills advised on both transactions.
Ashurst is advising longstanding client Vedanta Resources on the acquisition, by its Indian listed subsidiary, Vedanta Limited, of approximately 90 per cent. of the paid up share capital of Electrosteel Steels Limited.
Ashurst has acted as the legal adviser to Freedom Insurance Group (FIG) on the A$65 million acquisition of St Andrew's Group (St Andrew's) from Bank of Queensland (BOQ).
St Andrew's is a leading Australian issuer of mortgage/loan protection and simple life products. The acquisition expands FIG's manufacturing and distribution network while establishing FIG's underwriting capability.
FIG will also enter into a new three year distribution agreement with BOQ for the distribution of St Andrew's products through the BOQ network.
Travers Smith LLP has advised its long-standing AIM-listed client, Breedon Group plc, on the acquisition of Lagan Group (Holdings) Limited, a leading construction materials business based in Belfast, for a consideration of £455 million on a cash- and debt-free basis.
Hamburg – The Railpool Group has acquired all the shares in northrail technical service GmbH & Co. KG from the Hamburg-based Paribus Group with effect from 1 April 2018.
A CMS team headed by lead partner Dr Eckart Gottschalk advised the Railpool Group on all legal aspects of the acquisition.
Charles Russell Speechlys advised long-standing client Trifast plc (main market listed) on its acquisition of Precision Technology Supplies Limited, a key supplier and distributor of stainless steel fastenings in the UK.
The transaction involved an upfront cash payment, followed in due course by a further cash payment based on the performance of the business.
The cash amounts were provided under Trifast’s Accordion banking facility with HSBC.
CMS advised MAXIMA GRUPE UAB on the acquisition of 100% of the shares in Emperia Holding S.A., the owner of the Stokrotka supermarket chain. The investment agreement was signed in November 2017 and on 24 November 2017 a tender offer for 100% of the company's shares was announced. The Office of Competition and Consumer Protection approved the acquisition on 5 April 2018.
Dechert LLP advised long-standing client Quilvest Private Equity, the private equity arm of the Quilvest group, on its acquisition of global micro-specialist recruitment firm Phaidon International.
Quilvest’s investment will continue the development of Phaidon International by using its global network to support the company’s expansion abroad. Financial terms of the transaction have not been disclosed.
Acquisition Will Make Marfrig the World’s Second-Largest Beef Producer
Linklaters acted as lead international counsel for Brazil-based Marfrig Global Foods S.A. in the purchase and sale agreement with Leucadia National Corporation and others for the acquisition of 51% of the membership interests in National Beef Packing Company LLC, the fourth-largest beef processor in the United States.
Beijing/Sydney: Leading international law firm Clifford Chance has advised China Jianyin Investment Limited, JIC Huawen Investment Limited and Tamar Alliance Capital (the Consortium) on the acquisition of a majority stake in Australia's leading vitamins and supplements business, Nature's Care. Nature's Care owns leading brands such as Healthy Care, Nature’s Care Pro Series, Royal, Vitamore, VitAustralia, Leimei and Mei Mei Organic. The transaction is subject to regulatory approvals and is expected to close in the second half of 2018.