Watson Farley & Williams (“WFW“) advised Italian renewable energy holding company K.R.Energy S.p.A. (“K.R. Energy”) on the preliminary agreement for its sale of Idroelettrica Tosco Emiliana S.r.l. (“ITE”) to Energy Opportunity S.r.l.
ITE owns the Lucchio hydropower plant in the central Italian region of Tuscany as well as the Saltino site in Emilia-Romagna in the north east.
Leading global law firm Herbert Smith Freehills has advised Singtel, Asia’s leading communications group, on its role in a US$1.25 billion investment in Airtel Africa Limited.
Singtel partnered with global investors Warburg Pincus, Temasek, SoftBank and others on the investment in Airtel Africa, the second-largest telecoms company on the continent.
Airtel Africa has over 94 million customers in 14 African countries, while over 11 million people use its mobile wallet service, Airtel Money.
Linklaters advised Globalworth Poland, the largest institutional office investor and landlord in the country, on the conclusion of a preliminary purchase agreement with Unibail-Rodamco-Westfield for the Skylight and Lumen offices in Warsaw, part of the multifunctional Zlote Tarasy complex. The transaction was valued at EUR 190 mln and is Globalworth's largest acquisition to date.
International legal practice Osborne Clarke has advised long-standing client the Maple Syrup Group (the owners of Quidco and Shoop) and its key shareholders on a transaction with Top Online Partners Group (the owners of TopCashback) to create a prominent, global group within the money-saving industry.
Casablanca—Dentons Morocco has advised Travaux Généraux de Construction de Casablanca (TGCC) on the construction project of the Bank of Africa Tower project, the tallest high-rise tower in Africa to be built in Rabat (Morocco), in particular on the partnership between TGCC, BESIX, SIXCO and China Railway Construction Corporation International (CRCCI).
Niederer Kraft Frey acted as Swiss transaction counsel to the German private investor group Grünwald Equity in the sale of Luwa Air Engineering AG (Luwa) to the Swedish company Nederman Holding AB (Nederman).
Grünwald Equity invests in leading, medium-sized companies involved in manufacturing, retail and services in German-speaking regions. The team has many years of experience in the acquisition, operational supervision and management of medium-sized companies.
Niederer Kraft Frey advises Tokio Marine Holdings, Inc. (Tokio Marine) as Swiss counsel on the sale of its reinsurance subsidiaries Tokio Millennium Re AG and Tokio Millennium Re (UK) Limited for the total consideration of approximately USD 1.5 billion. Tokio Marine is a holding entity of Tokio Marine Group, a global insurance group operating extensively in the non-life and life insurance business, and financial and general business. Tokio Marine is listed on Tokyo Stock Exchange.
Niederer Kraft Frey advised CPH Chemie + Papier Holding AG (CPHN) on the placement of a CHF 100 million corporate bond on the Swiss capital market. The issue of the bond has a maturity of 5 years and an annual coupon of 2.0%. It is being coordinated by Credit Suisse. The transaction was closed on 12 October 2018.
The funds generated by this new bond issue will be used to refinance CPH’s current CHF 120 million 2014-2019 2.75% bond, which will be redeemed on 10 July 2019.
Global law firm Ropes & Gray has appointed Rosemarie Paul, one of the UK’s leading financial services contentious regulatory lawyers, as a partner in its growing litigation and enforcement practice in London.
Major investment funds and retail clients will benefit from Rosemarie’s experience both in private practice and as a former regulator at the Financial Services Authority (FSA), now Financial Conduct Authority (FCA).
Washington, D.C. – Sidley Austin LLP is pleased to announce that Eric McArthur has rejoined the firm in Washington, D.C., as a partner in its Supreme Court and Appellate practice. Mr. McArthur returns to Sidley after serving as Deputy Associate Attorney General in the U.S. Department of Justice (DOJ). He will focus his practice on representing clients in appellate court proceedings as well as trial court litigation matters, particularly those involving critical motions and complex issues of constitutional, statutory and administrative law.