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M&A

NautaDutilh advises MISC in sale of its stake in VTTI to VIP Terminals Finance

25 Aug 2015

NautaDutilh Energy Team lead advised MISC, a subsidiary of PETRONAS, in relation to the sale of its 50% stake in VTTI (a global tank terminal operator) for a cash consideration of USD 830 million. Completion is subject to satisfaction of conditions precedent, including EU anti-trust clearance. The purchaser, VIP Terminals Finance B.V., is a wholly-owned subsidiary of Vitol Investment Partnership Limited, an investment vehicle managed by the Vitol group.

Altice – cross-border merger

17 Aug 2015

On 10 August 2015, Altice N.V. announced the completion of the cross-border merger of Altice S.A., a Luxembourg company, with and into Altice N.V., a Dutch public company.
 
The cross-border merger became effective on 9 August 2015. As part of this merger Altice N.V. inter alia introduced common A and common B shares, which shares have similar economic rights but different voting rights. Both the common A and common B shares have been admitted to listing and trading on Euronext Amsterdam.
 

Slaughter and May advised Coca-Cola Enterprises - agreement to combine with Coca-Cola Iberian Partners and CCEAG, to create Coca-Cola European Partners

10 Aug 2015

Slaughter and May advised Coca-Cola Enterprises, Inc. on its agreement to combine with Coca-Cola Iberian Partners and CCEAG, to create Coca-Cola European Partners, the world's largest independent Coca-Cola bottler based on net revenues.

Clifford Chance advises The Coca-Cola Company on the merger of the world's largest bottler

10 Aug 2015

Clifford Chance advised The Coca-Cola Company with regards to German law aspects on the combination of its three operations Coca-Cola Enterprises, Coca-Cola Iberian Partners and the German Coca-Cola Erfrischungsgetränke AG into the world's largest independent Coca-Cola bottler based on net revenues.

Hengeler Mueller advises Coca-Cola Enterprises on combination with European bottlers

10 Aug 2015

Coca-Cola Enterprises Inc (“CCE”), Coca-Cola Iberian Partners SA (“CCIP”) and Coca-Cola Erfrischungsgetränke AG (“CCEAG”), a wholly owned subsidiary of The Coca-Cola Company, announced they have agreed to combine their businesses into a new company to be called Coca-Cola European Partners Plc. The transaction will create the world’s largest independent Coca-Cola bottler based on net revenues.

A&O advises Coca-Cola Iberian Partners on merger to create the world’s largest independent Coca-Cola bottler*

07 Aug 2015

Allen & Overy is advising Spanish bottling company Coca-Cola Iberian Partners on its merger with the U.S. publicly listed bottling company Coca-Cola Enterprises Limited and the private German bottling company Coca-Cola Erfrischungsgetränke, a wholly owned subsidiary of The Coca-Cola Corporation (Coca-Cola), to form a new UK company Coca-Cola European Partners Plc.

Ashurst advises Gala Coral on its proposed recommended merger with Ladbrokes plc to create a leading European betting and gaming group

27 Jul 2015

Ashurst advised Gala Coral, one of Europe's largest betting and gaming groups, on its £2.3 billion merger with Ladbrokes, to create a combined entity with, what is expected to be, the UK's largest LBO estate with a strong online presence.  The recommended merger comprises Ladbrokes and certain businesses of Gala Coral, including Coral Retail, Eurobet Retail and Gala Coral's Online businesses.  The combined entity will be named Ladbrokes Coral plc.

The merger is conditional on the approval of Ladbrokes shareholders, and certain anti-trust clearances.