International law firm CMS has advised Abu Dhabi Islamic Bank (ADIB) UK on the Shariah compliant acquisition financing of Lateral House in Leeds for c.£24million on behalf of an Abu Dhabi-based private banking client.

DLA Piper has advised publity AG on the disposal of a joint venture office property portfolio to a fund managed by J.P. Morgan Asset Management and LGT Capital Partners. The portfolio consists of four properties, two located in Greater Munich, the others in Cologne and Dusseldorf. The purchased assets were the Luxembourg companies owning the respective real estate.

DLA Piper's lawyers additionally advised on the closing of the transaction; the purchase price will remain undisclosed.

DLA Piper represented W.P. Carey Inc. (NYSE: WPC), a publicly-traded, net lease REIT, in connection with its entry into a merger agreement with Corporate Property Associates 17 – Global Incorporated, a publicly-held, non-traded REIT. The stock-for-stock transaction is valued at approximately US$6 billion.

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised The Equitable Life Assurance Society (‘Equitable Life’) on the sale of its entire business to Reliance Life Limited, a subsidiary of Life Company Consolidation Group (‘LCCG’).

Herbert Smith Freehills has advised a syndicate of banks on the provision to Macquarie Group Limited of £2 billion (approximately $AUD3.53 billion) loan facilities, including two green loan tranches. The syndicate includes The Hongkong & Shanghai Banking Corporation Limited (HSBC), ING Bank N.V., Sydney Branch (ING) and Bank of China Limited as mandated lead arrangers and bookrunners, with HSBC and ING as green structuring advisers.

Linklaters has advised Triton Partners, a leading European investment firm and Flokk Group, on the acquisition of Profim, one of the leading manufacturers of office chairs in Poland and Eastern Europe. As a result of the transaction, both Innova Capital, one of the leading private equity funds in the CEE, and the remaining shareholders of Profim, acquired new shares in Flokk in exchange for their existing shareholdings in Profim.

Macfarlanes has advised co-owners Stanhope Plc and Benson Elliot on the sale of the Station Hill development site in Reading to Lincoln MGT, a joint venture between Lincoln Property Company and MGT Investment Management.

The site is one of the UK’s largest development projects outside of London and sits opposite Reading station which will become the start of Crossrail in late 2019.

Global law firm Norton Rose Fulbright has advised Gener8 Maritime Inc on its merger with Euronav NV. Gener8 will become a wholly owned subsidiary of Euronav.

The merger will create one of the world’s largest independent large crude tanker operators, with joint balance sheet assets of US$4 billion.

Slaughter and May is advising Virgin Group in relation to the offer made by CYBG plc to acquire Virgin Money Holdings (UK) plc. Virgin Group holds approximately 34.8 per cent. of Virgin Money.  Virgin Group has entered into an agreement with CYBG in relation to the use of the Virgin brand by the enlarged CYBG/Virgin group after, and conditional upon, completion of the offer.
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Corporate: Roland Turnill (Partner), Rob Innes (Partner), Max Schofield (Associate), Liam Healy (Associate)

Paul Hastings LLP, a leading global law firm, announced today that the firm represented Teleperformance SE, the worldwide leader in outsourced omnichannel customer experience management, in the Company's pending acquisition of Intelenet, a major global provider of high-end omnichannel customer experience management, back-office, human resources and financial and administration services, from Blackstone (NYSE: BX) for a total consideration of $1 billion (enterprise value).