Slaughter and May advised Redburn, one of Europe’s largest independent equities brokers, on the transfer of the entire business of Redburn Partners LLP to Redburn (Europe) Limited.

The transaction, which completed on 31 March 2014, was conditional upon Redburn (Europe) Limited obtaining authorisation from the Financial Conduct Authority.
 
CONTACTS

Corporate and Commercial: Gary Eaborn (partner), Dipak Bhundia (associate); Financial Regulation: Ben Kingsley (partner), Isabel Paintin (associate)

DWF has collaborated with Sunderland Marine Mutual Insurance Company Limited (Sunderland Marine) on its merger with the North of England P&I Association (North), in a deal which creates one of the largest marine insurance groups in the world.

Rather than outsourcing the transaction Sunderland Marine and North worked collaboratively, capitalising on their in-house expertise. Sunderland Marine's general counsel, Lee Williamson, and North's company secretary and corporate counsel, Chris Owen, managed the legal aspects of the transaction.

A Travers Smith team led by private equity partner Phil Sanderson and senior corporate associate Adam Orr has advised management on the proposed merger of the Pure Gym Group and The Gym Group.

Pure Gym launched in 2009 and operates 61 gyms across the UK. Funds affiliated with CCMP Capital Advisors acquired a majority stake in the business in May 2013.

The Gym Group was founded in 2007 and operates 42 gyms across Great Britain. Phoenix Equity Partners acquired a majority stake in the business in 2013.

The completion of the merger is subject to regulatory approval.

A Hogan Lovells Corporate team advised Kite Realty Group Trust (KRG) on its proposed merger with Inland Diversified Real Estate Trust, Inc. (Inland Diversified). Under the terms of the merger agreement, Inland Diversified will merge into a wholly owned subsidiary of KRG in a stock-for-stock transaction valued at approximately US$2.1 billion.

Osborne Clarke has advised Millgate on its merger with Brentwood-headquartered Countryside.  The Osborne Clarke team was led by Head of Markets at Osborne Clarke, Partner Greg Leyshon who was assisted by Associate Director Rebecca Clarke and Senior Associate Vicky Dudding.

David Simpson, MD of Millgate comments:

Teams from the German, UK and Hong Kong offices of global law firm Eversheds have advised certain shareholders of Columbus Holding GmbH on the €70.7 million merger of German-based Cybex and Hong Kong listed Goodbaby, the largest supplier of baby strollers in China, North America and Europe.

Cybex is a manufacturer of top-end car seats, baby carriers and strollers for trend and quality-conscious parents.

Debevoise & Plimpton LLP is advising International Paper in the combination of its xpedx distribution solutions business with Unisource in a “Reverse Morris Trust” transaction. The transaction will result in the creation of a new publicly traded company, 51% of which will be owned by International Paper’s shareholders and 49% of which will be owned by UWW Holdings, LLC, the holding company that owns Unisource and is owned by an affiliate of Bain Capital and by Georgia-Pacific, as well as certain of their affiliates.

Linklaters advises Chilean Compañía Sud Americana de Vapores (CSAV), one of the largest shipping companies in Latin America, on the intended combination of its container business with Hapag-Lloyd AG. The two companies have signed a non-binding memorandum of understanding. As the next step, the due diligence will take place.

Slaughter and May is advising Cineworld Group in connection with its proposed combination with the cinema operations of Cinema City International ("CCI"). The transaction is based on an enterprise value of the cinema operations of CCI of approximately £503 million and will be financed through the proceeds of a rights issue, new debt facilities and this issue of Cineworld shares to CCI. The combination will create the second largest cinema operator in Europe.

RPC has acted for the Mill Hill School Foundation on its merger with The Mount School.

The deal was led by RPC Partners Anthony Shatz and Tim Anderson, along with Associate Paul Jenkins. Partner Patrick Brodie and Senior Associate Simon Henthorn provided advice on the employment aspects of the deal.