Gide advises Horizon on its mandatory public tender offer to acquire 100% of the share capital of Parrot, world no. 2 of the consumer drone market. This offer, approved by the AMF on 5 March 2019, follows the off-market acquisition of 9.59% of Parrot's capital by Horizon.
Watson Farley & Williams (“WFW”) has advised Marguerite II SCSp, Luxembourg (“Marguerite”), an independent fund investing in European infrastructure, on the project financing of the 42 MW “Heat“ wind farm in Sweden.
Linklaters has advised Vodafone as it raised £3.4bn in the largest mandatory convertible bond ever. The landmark transaction also represented the largest ever sterling convertible bond deal. Linklaters also advised Vodafone in relation to an associated hedging strategy, designed to give Vodafone the ability to mitigate any share price appreciation during the term of the bonds (should Vodafone decide to execute a share buyback).
International legal practice Osborne Clarke has advised the shareholders of Meritsoft, including leading growth investor Synova Capital, on its sale to Cognizant, one of the world’s leading professional services companies.
The transaction has generated an initial return to Synova of 4.0x invested capital and an IRR of 47% with further returns anticipated under the terms of an earn-out agreed with Cognizant.
Linklaters advised DP World PLC on the acquisition of the holding company of P&O Ferries and P&O Ferrymasters (together P&O Ferries), from Dubai World for a total consideration of £322 million.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising DVB Bank SE (‘DVB’), on the sale of its Aviation Finance business to MUFG Bank, Ltd (‘MUFG’). The purchase agreement provides for the sale of the entire €5.6bn portfolio, which includes the transfer of employees and the operating infrastructure to MUFG. The transaction also provides for the transfer of the Aviation Investment Management and Asset Management business to BOT Lease Co., Ltd.
CMS Cameron McKenna Nabarro Olswang in Kyiv is pleased to announce that it has advised leading international real estate investment fund, Meyer Bergman, on the Ukrainian and English law aspects of its sale of the Aladdin Shopping Mall in Kyiv, one of the biggest and most popular malls in Ukraine. The transaction is one of the largest real estate deals for the retail sector this year in terms of the size (10,600 sq m).
RTPR Allen & Overy has advised Prime Kapital on the sale of a real estate portfolio to MAS Real Estate for a price of EUR 112.97 million. The portfolio consists of nine retail centres with a total surface of 67,959 square meters which are located throughout the country: Roman, Baia Mare, Slobozia, Focsani, Ramnicu Sarat, Targu Secuiesc, Fagaras, Gheorgheni, Sebes.
Mayer Brown advisor to Bridgepoint Development Capital (BDC) in relation with its minority stake into bee2link’s capital, publisher of SaaS software and digital solutions for automobile players
Paris - Mayer Brown advsied Bridgepoint Development Capital (BDC), smid-cap division of Bridgepoint, in relation with its minority stake into bee2link’s capital, publisher of SaaS software and digital solutions for automobile players. The terms of the transaction are confidential.
International law firm Ashurst has advised a consortium of banks as lenders (Banca IMI, BNP Paribas Italian Branch, Crédit Agricole Corporate and Investment Bank - Milan Branch, ING Bank - Milan Branch and Cassa Depositi e Prestiti as Lender, Mandated Lead Arranger, and Bookrunner and UniCredit S.p.A. as Agent, Intesa SanPaolo, BNP Paribas, Crédit Agricole Corporate and Investment Bank, ING Bank and UniCredit S.p.A.