DLA Piper has announced that Corporate and Private Equity lawyer, Simon Vogel, is joining the firm as a partner in its Corporate practice, based in Munich. This is the third Corporate partner hire for the firm in Germany in the last month, having recently appointed partners Gerald Schumann in Munich and Roland Maass in Frankfurt.

""Simon's expertise in private equity and funds will complement our offering and deepen the range of services we can offer""

Ashurst is advising Lazard & Co., Limited in relation to the £1.448 billion recommended cash offer for John Laing Infrastructure Fund Limited ("JLIF") by Jura Acquisition Limited (a newly formed company owned by a consortium jointly-led by funds managed by Dalmore Capital and funds managed by Equitix).

International law firm Ashurst advised European Investment Bank (EIB) on the €3.5 billion financing for Open Fiber, the broadband company owned by Enel and Cassa Depositi e Prestiti (CDP).

EIB is one of the key lenders of the transaction, participating to the financing with a €350 million ticket.
The credit facilities have a seven year tenor, with Unicredit, Société Générale and BNP Paribas acting as underwriters, global coordinators, global bookrunners, initial MLA and original lenders in syndication with CDP and other banks.

London—Dentons has advised Metro Bank on providing funding to real estate investment company Aprirose to facilitate the acquisition of Wear Inns Limited, a pub group specialising in the acquisition and management of pub premises in Yorkshire and the North East of England.

The deal follows on from Aprirose's acquisition of a portfolio of 73 pubs from Mitchells & Butlers in summer 2017. Dentons also advised Metro Bank on providing funding for that purchase.

London—Dentons has advised the joint bookrunners, Stifel Nicolaus Europe Limited and BMO Capital Markets Limited, on the US$110 million fundraising and AIM listing of Jadestone Energy Inc., the independent oil and gas production company focused on the Asia Pacific region. The fundraising was upsized from the initially announced US$95 million, and Jadestone, which is listed on the Toronto Venture Exchange, expects to be admitted to the AIM market of the London Stock Exchange on 8 August 2018.

On July 27, 2018, King & Wood Mallesons advised Improbable Worlds Limited (“Improbable”), a well-known game development platform company in the U.K., on its successful strategic partnership with the Chinese game giant enterprise, NetEase. As part of this strategic partnership, Improbable reached a notable milestone following the financing of US$50 million from NetEase, with its valuation now reaching US$ 2 billion.

    Approximately €950m in project finance secured for five wind farms.

Global law firm Norton Rose Fulbright has advised Enel, through its subsidiary Enel Green Power RSA (EGP RSA), the Enel Group’s South African renewables company, on the multi-tranche financing facilities for a portfolio of five wind projects in South Africa. The portfolio totals approximately 700MW of capacity at an estimated value of approximately €950 million.

International law firm Pinsent Masons has advised power asset operator Mutual Energy on securing £200m of financing from Legal & General, which will support the expansion of the gas network in Northern Ireland.

Stuttgart – NEXTCLINICS INTERNATIONAL GmbH has acquired IVF-Zentren Prof. ZECH, a group of private clinics specialising in reproductive medicine. The transaction is currently awaiting approval from the Austrian competition authorities. The parties agreed not to disclose details of the purchase price.

Client name
Takeaway.com N.V.

Other parties involved
TA Associates, Tamir Carmel

Nature of transaction
Takeaway.com N.V. signed an agreement to acquire 100% of the shares in leading Israeli B2B food delivery platform 10bis from PE-firm TA Associates and founder Tamir Carmel for a cash consideration of approximately EUR 135 million to be financed with a EUR 150 million committed bridge facility.

Value of transaction
EUR 135 million

Date deal
28 July 2018

De Brauw involvement
Lead counsel