Niederer Kraft Frey advised Swiss biopharmaceutical company Idorsia Ltd on its offering of 11,912,000 new shares, corresponding to approximately 10% of its currently issued share capital, by way of an accelerated bookbuilding, and on its placement of CHF 200 million of senior unsecured convertible bonds due 2024.
Niederer Kraft Frey acted as Swiss transaction counsel to Sportradar AG and the major selling shareholders in the EUR 2.1 billion sale of Sportradar AG to Canada Pension Plan Investment Board (CPPIB) and Silicon Valley-based growth equity firm TCV.
Jeantet advised Compagnie Financière Richelieu, a French company incorporated by Société Générale de Banque au Liban (SGBL), a Libanese corporate and investment bank, in connection with the acquisition of the private banking and portfolio management activities of KBL European Private Bankers SA in France and Monaco.
Led by Partner Alex Haas, the Debt Capital Market (DCM) experts of the Austrian law firm Wolf Theiss advises several banks with regard to bond issues and an exchange offer.
Stuttgart – Funds advised by PREMIUM Equity Partners have taken a majority stake in the CLARUS Films Group, which is headquartered in Dietzenbach near Frankfurt. The seller is PINOVA Capital, a private equity fund based in Munich.
Frankfurt – German IT group Bechtle intends to acquire French IT provider Inmac Wstore S.A.S, which has 400 employees and sales of EUR 420 million. The acquisition is currently awaiting approval from the French authorities. A hearing of the employee representatives at Inmac Wstore is also required. For Bechtle AG, this would be the biggest acquisition in its history.
Herbert Smith Freehills has advised Caltex on its strategic alliance with Woolworths.
The alliance extends and expands Caltex’s existing partnership with Woolworths and includes a new fuel supply agreement and the creation of a market-leading convenience offering, wholesale food supply, loyalty, and redemption arrangements. This transaction bolsters Caltex’s position as the market-leading provider of transport fuel in Australia, and enables Caltex to continue realising benefits from its integrated supply chain.
Linklaters has advised Globalworth on the acquisition of the Spektrum Tower office building in Warsaw. The structure, a notable feature of downtown Warsaw, holds a total leasing area of about 29,500 sqm and is almost 90% leased.
Following this transaction, the total value of Globalworth's portfolio will exceeded EU1b and reach nearly 375,000 sqm.
The legal team advising on the acquisition was led by Warsaw real estate partner Janusz Dzianachowski, supported by associates Adriana Andrzejewska, Bartosz Guzinski and Monika Lerka.
King & Wood Mallesons (KWM) has advised Palisade Investment Partners on the financing for the development and construction of the historic 111.6 MW Granville Harbour Wind Farm.
Located near Zeehan, Tasmania, the project will feature 31 turbines and is backed by a power purchase agreement with Hydro Tasmania. The project will be developed by Palisade Investment Partners and marks the most significant renewable energy investment in Tasmania to date.
International law firm Ashurst advised Oxford Properties, the global real estate arm of the OMERS defined benefit pension plan, on the sale of a 49.9% stake in its French portfolio to a fund advised by J.P. Morgan Asset Management for approximately €400 million.
The sale of a non-managing interest in 32 Rue Blanche, 92 Avenue de France and Paris Bastille gives Oxford Properties a strategic investment partner in Paris and releases capital to make further investments.