Leading international law firm Clifford Chance has advised global energy company Royal Dutch Shell plc on an agreement with Viva Energy Pty Ltd for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately US$250 million. This follows the sale of Shell’s other downstream activities in the country to Viva Energy in 2014, on which Clifford Chance also advised.
Homburger advises gategroup Holding AG on the settlement of the public tender offer of HNA Aviation (Hong Kong) Air Catering Holding Co., Ltd. to acquire gategroup Holding AG
On 20 May 2016, HNA Aviation (Hong Kong) Air Catering Holding Co., Ltd., Hong Kong, a subsidiary of HNA Group Co., Ltd. (HNA), launched an all-cash public tender offer for all listed shares in gategroup Holding AG (gategroup). With the satisfaction of all its conditions, the offer was settled on 22 December 2016. HNA currently controls 98.06% of the voting rights and the share capital of gategroup.
EQT has entered into an agreement on 23 December 2016 to sell SAG Vermögensverwaltung GmbH ("SAG") to SPIE S.A., valuing SAG at EUR 850 m. SAG provides project management, engineering, installation and maintenance services to the energy infrastructure sector with a focus on power and gas transmission / distribution. SAG has sales of over EUR 1,32 m and more than 8,100 employees across Europe. The agreement is subject to customary anti-trust clearances and the transaction is expected to close at the end of the first or the beginning of the second quarter 2017.
Baker McKenzie’s Kyiv office advised Eurobank Ergasias S.A., one of the largest banks in Greece, on the sale of its Ukrainian subsidiary, Universal Bank, to one of the fastest-growing financial and industrial groups in Ukraine, TAS Group, owned by Ukrainian businessman Mr. Sergiy Tigipko. The transaction follows Eurobank's strategic plan to focus on core markets where they have an existing significant presence.
Luxembourg – Luther Luxembourg advised Coditel Holding S.A. on the signing of a definitive agreement regarding the sale of Coditel Brabant SPRL (a Belgium entity) and its subsidiary Coditel S.à r.l. (a Luxembourg entity) (together "SFR BeLux") to Telenet Group BVBA for EUR 400 million on a cash and debt free basis .
Luther Luxembourg advis ed Coditel Holding S.A. from a Luxembourg law perspective in relation to the corporate law aspects of the transaction.
Legal Advice For Coditel Holding S.A.
We advised Renor Oy in the sale of the shares of Karistonkulma Oy. The property was sold to Nordic property investor Hemsö.
The 4,700 m² office property is located in downtown Hämeenlinna and it is wholly leased to Senate Properties, which administers premises used by Finnish governmental bodies. The users of the sold property are comprised of the Administrative Court of Hämeenlinna, the District Court of Kanta-Häme and the Enforcement Office of Kanta-Häme.
Eversheds advised Vaaka Partners Ltd on its divestment of Renewa Oy to KPA Unicon Group Oy. In the transaction, two Finnish energy solution suppliers joined forces through a merger in which KPA Unicon Group Oy purchased all of the shares of Renewa Oy.
Hogan Lovells advised EDF in relation to the sale of the whole of EDF stake in EDF DEMASZ Zrt, its Hungarian subsidiary, to ENKSZ ("Elso Nemzeti Kozmuszolgaltato Zrt."). This announcement follows the receipt of both the approval by the Hungarian regulator of the energy sector and the authorization by the French Ministry of Economy.
The transaction values the 100% stake of EDF in EDF DEMASZ Zrt at approximately 400 million euros, and is a new step forward in the execution of EDF's disposal plan for the 2015-2020 period.
Shearman & Sterling advised Silverfleet Capital on a comprehensive reorganization of their financial liabilities in connection with the sale of 100% of Orizon’s shares to the German subsidiary of OUTSOURCING, a Japanese service provider of engineering, production and abroad outsourcing.
Orizon, headquartered in Augsburg, Germany, is one of the 10 largest personnel service providers focused on company and personnel consultation as well as personnel leasing and placement. Silverfleet Capital has been the majority shareholder since 2006.
Sale of all shares in the capital of Regenboog Participaties B.V., ultimate parent of the BMC Group to Yacht Group Nederland B.V., subsidiary of Randstad.
Houthoff Buruma team included: Eddie Meijer , Angenita Pex , Sjoerd van der Meer , Philippe König , Ageeth Panman , Gerard van der Linden , Jet Stolk , Djotika Bissessur