Hutchison Harbour Ring Limited (“Hutchison Harbour Ring”) has completed of the sale of approximately 71.36% of its shares to Oceanwide Holdings International Co., Ltd.at a total consideration of HK$3,822,558,103.On 27 November 2014,Hutchison Harbour Ring issued a circular under the HK Takeovers Code regarding the unconditional mandatory cash offer by the offeror and parties acting in concert with it.
Matheson has advised Allergan on a definitive merger agreement under which Actavis will acquire Allergan in a $66 billion cash and stock transaction. The merger will create one of the top 10 global pharmaceutical companies by revenue, with combined annual pro forma revenues of over $23 billion expected in 2015.
Noerr advised the private equity investor Zurmont Madison on the sale of the majority in RÖDER Zeltsysteme und Service AG. The purchaser is the RAG-Stiftung.
Freshfields Bruckhaus Deringer has advised MDAX-listed housing company GAGFAH S.A. on combining its business with Deutsche Annington Immobilien SE, a German residential real estate company.
On 1 December, GAGFAH and Deutsche Annington reached a general agreement in the course of which Deutsche Annington announced to extend a voluntary public takeover offer to the shareholders of GAGFAH.
Clarksons is the world's largest shipbroker, with 1,085employees in 42 offices. Clarksons are UK-based and are listed on the London stock exchange, with a market cap of approx.. GBP 425 million. Platou is Norway's largest shipping and offshore broker and also has a leading position in merchant banking in these sectors. Platou has 370 employees in 13 countries. See FT article here.
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Knut Smith-Erichsen
DLA Piper has advised European Capital on the sale of Farrow & Ball, a global leader in high quality paint and wallpaper, to Ares Management for £275 million.
European Capital, a subsidiary of American Capital Ltd, is an investment company for pan-European equity, mezzanine and senior debt investments and acquired Farrow & Ball in 2006.
The DLA Piper team was led by private equity partner Tim Wright who worked with partner Ed Griffiths and senior associate John Pryor.
NCTM Studio Legale Associato has advised the Villa family on the sale to Brembana & Rolle S.p.A. of the entire share capital of Villa & Bonaldi S.p.A., the historical company founded in Crema 1904 and global leader in the production of heat exchangers, columns and reactors for the oil and gas sector.
With the acquisition of Villa & Bonaldi S.p.A., Brembana & Rolle S.p.A. has become one of the largest European groups in this sector, with around 100 million euro in revenues and over 300 employees.
Watson, Farley & Williams (“WFW“) has advised Equita GmbH & Co. Holding KGaA (“EQUITA“) on all legal and tax aspects of the sale of Transnorm Beteiligungen GmbH (“Transnorm“) to IK Investment Partners ("IK") via its IK VII Fund.
Norton Rose Fulbright has advised DPI (“Development Partners International LLP”) and AfricInvest, leading Africa-focused private equity funds and DEG, FMO and PROPARCO, the European development finance institutions, on their agreement to sell Assur Africa Holding (“AAH”) to global insurer and asset manager AXA Group.
In what is Australia's largest private equity transaction of 2014, Brazil's JBS S.A., the world's largest food processing company, is buying Primo Smallgoods Group for A$1.45 billion. The sale is subject to customary regulatory approvals.
Established in 1985 by the Lederer Family, Primo has grown to become the leading producer of ham, bacon and smallgoods in Australia and New Zealand, with more than 3000 staff and brands including Primo Smallgoods, Hans, Beehive Hunter Valley Quality Meats and Primo Quality Meats.