Global law firm Norton Rose Fulbright has advised the Prüfungsverband deutscher Banken e.V., PV (Auditing Association of German Banks) on its audit related to the admission of HSH Nordbank AG as member of the Auditing Association.
Baker McKenzie advised MainFirst Holding AG (MainFirst Holding) on the sale of its wholly-owned subsidiaries MainFirst Bank AG, MainFirst Schweiz AG and MainFirst Securities US Inc. to Stifel Nicolaus Europe Limited. The parties agreed not to disclose the purchase price.
With this sale of the Equity Brokerage unit, MainFirst Holding concentrates on its core business, asset management. Under the umbrella of Haron Holding AG, the Group's asset managers manage over 10 billion euros with offices in Luxembourg, Frankfurt, Zurich, Paris and Milan.
International law firm Berwin Leighton Paisner* advised NIS ARB EDO, a fund managed by ARB Investment Partners, on the sale of Stilwerk, a Department Store in Berlin, to CBRE Global Investors.
Partner Carsten Bremer, who took the lead on the transaction, had already advised NIS ARB EDO to acquire the department store in 2015. This acquisition was the first time the firm had acted for the Japanese real estate investor.
DLA Piper has advised Deloitte administrators, Daniel Butters and Daniel Smith in connection with the sale of Europe’s largest golf retailer, American Golf, to the mid-market private equity investor Endless.
The deal includes 112 of the 132 American Golf retail stores across the UK and Eire, the Americangolf.co.uk and Onlinegolf.co.uk websites and safeguards the jobs of over 900 employees in stores and at the Head Office in Warrington.
Global law firm Herbert Smith Freehills has, together with Troutman Sanders LLP, advised ARRIS International plc, a global leader in entertainment and communications solutions, on the US$7.4 billion proposed acquisition by CommScope Holding Company, Inc.
The combination of CommScope and ARRIS would create a company with approximately US$11.3 billion in revenue and adjusted EBITDA of approximately US$1.8 billion.
Shearman & Sterling advised Société Générale in connection with the contemplated sale of Euro Bank, its retail banking subsidiary in Poland, to Bank Millennium. The closing of the transaction is expected to take place in the first half of 2019, subject to receipt of clearances from the relevant banking and antitrust authorities.
Fried Frank advised owner and sellers of Wibit Sports GmbH (Wibit) on the sale and co-investment with independent pan-European private equity group, Argos Wityu. The investment will accelerate Wibit Sports' international expansion plans and diversify its successful business model. The founders of Wibit will continue to lead the company, based in Bocholt, Germany.
Societe Generale has entered into an agreement to sell Euro Bank, its retail banking subsidiary in Poland, to Bank Millennium.
The reference transaction price for the sale of Euro Bank has been set at PLN 1.83 billion. The final price will be adjusted based on the net asset value of Euro Bank at closing of the transaction.
Seoul/Frankfurt – Paul Hastings LLP, a leading global law firm, announced today that it has advised Hansol Paper Co., Ltd., the largest paper manufacturer in Korea, on the sale of its European Schades and R+S group companies to U.S-based Iconex, a market leader in low-cost paper receipt and differentiated label solutions.
Paris – Paul Hastings LLP, a leading global law firm, announced that it has advised shareholders and re-investors of France-based Aries Alliance, a manufacturer of machine tools, titanium wing structures, and engine parts for the aerospace sector, in connection with the LBO of the group, structured by Astorg Partners, which acquired a majority stake. BNP Paribas, Banque Populaire, LCL and Société Générale provided senior debt financing for this transaction.