International legal practice Osborne Clarke advised QinetiQ Holdings Limited on a majority, 85% acquisition, of Inzpire Group Limited for a total consideration of £23.5 million. The agreement also provides for QinetiQ to acquire the remaining 15% after two years,.
International law firm Ashurst advised Commonwealth Bank of Australia, as lender and mandated lead arranger, on a A$100 million reserve-based lending facility in favour of WestSide Corporation Pty Limited (and certain subsidiaries) in connection with WestSide's interest in the Greater Meridian Gas Fields west of Gladstone in Queensland's Bowen Basin.
The firm's Corporate team has advised longstanding client Phillips 66 on its acquisition of UK company NJB Services, which owns five petrol forecourts in the North of England.
Burges Salmon’s Corporate team has advised Houston-based energy manufacturing and logistics company Phillips 66 Limited on its acquisition of NJB Services Limited, a UK company with interests in five fuel filling sites in the North of England.
International law firm CMS has advised Bank of London and The Middle East (BLME) and their investors, on the £55m Shariah compliant acquisition of 1 Atlantic Quay in Glasgow, in partnership with Darin Partners. Located in the heart of Glasgow’s financial district, Atlantic Quay 1 is a recently refurbished Grade A prime office investment extending to 121,737 sq ft.
DLA Piper has advised NASDAQ-listed DASAN Zhone Solutions (DZS), a global leader in fiber access transformation for enterprise and service provider networks, on its intended acquisition of KEYMILE, a leading solution provider and manufacturer of telecommunication systems for broadband access. The current shareholders are the Private-Equity investors Riverside and Haller. With this strategic acquisition, DZS further expands its global presence and accelerates its global orientation.
Mayer Brown represented Development Bank of Mongolia LLC, Mongolia's development and export-import bank, in its benchmark US$500 million five-year bond that closed this week.
DBM, a wholly Government-owned and systematically important bank,were priced at 98.973% on a coupon of 7.25% to yield 7.50%.
Gide has acted as adviser to a fund managed by GLL Real Estate Partners on the disposal to PGIM Real Estate of Le Square, a 7,000 sq.m.-office building located in the 8th arrondissement of Paris.
Gide's team comprised partner Christopher Szostak and associate Bertrand Garrandaux.
GLL Real Estate Partners was also advised by Wargny Katz, Reed Smith, Exponens and JLL & Catella.
PGIM Real Estate was advised by De Pardieu Brocas Maffei and Cheuvreux Notaires.
Law firm Stephenson Harwood LLP has advised the management team of Brockwell Energy Limited on its £23 million sale to two international investors.
Environment infrastructure specialist Pioneer Point Partners and global investment firm Davidson Kempner acquired Brockwell from AIM listed Hargreaves Services plc.
Watson Farley & Williams (“WFW”) advised Tages Helios and Delos Power Group on the corporate reorganisation and refinancing of a solar portfolio owned by Sicilia Solare S.r.l., an SPV of Delos Power S.r.l. The solar plants are located in Sicily (Italy).
The financing was provided by BPER Banca S.p.A. a commercial bank, which is the parent entity of the BPER Group, one of Italy’s leading banking groups.
CHICAGO – Global law firm Reed Smith has announced the arrival of Eric Sussman, who joins the firm’s Chicago office as a partner in the Global Regulatory Enforcement practice. Eric has extensive private practice and government experience in the white collar area. He was a Deputy Chief in the Financial Crimes and Special Prosecutions Unit of the United States Attorney’s Office in Chicago for nine years, and most recently served as the First Assistant State’s Attorney for Cook County.