With a team led by Stuttgart-based partner Dr. Hermann Ali Hinderer, Heuking Kühn Lüer Wojtek advised a private equity fund advised by CGS Management AG on the acquisition of a majority stake in InnoLas Solutions GmbH. Jointly with previous owner Richard Grundmüller, who remains a shareholder in the company, CGS intends to develop InnoLas Solutions GmbH into a global laser machine manufacturer for micromachining as part of a buy and build strategy.

The international law firm has advised on the launch of Clermont Asset Management’s first hedge fund.

The Hedge Funds team at international law firm Simmons & Simmons has recently advised on the launch of Clermont Asset Management’s first hedge fund, the Clermont Global Equity Fund.

TLT has acted for a consortium of 13 Indian banks led by State Bank of India, successfully defeating two applications by high profile businessman Dr Vijay Mallya.

The first was an application to set aside the first recorded case of a judgment of the Debt Recovery Tribunal in India being registered by the English High Court and the second was to discharge an associated worldwide freezing order.

TLT also acted for the banks in November 2017 to secure the registration and freezing order.

Stuttgart – Chinese technology group Shenzhen Kaizhong Precision Technology Co. Ltd. has acquired German automotive supplier smk systeme metall kunststoff GmbH & Co. KG, which is based in Filderstadt. In addition to all the limited partner shares and other shares in smk, the purchase includes the business premises in Filderstadt and Berga. The transaction is still subject to approval from the Chinese authorities. Closing of the deal is expected at the end of the second quarter of 2018. The parties agreed not to disclose details of the terms.

Cologne – STRABAG Property and Facility Services GmbH (STRABAG PFS) has signed an agreement with ISS Facility Services Holding GmbH (ISS) regarding the continued employment of more than 3,000 workers. The agreement relates to the change in facility management service provider for Deutsche Telekom AG and its subsidiaries in Germany. As of 1 July 2019, facility management services will be provided by ISS.

Ashurst is advising Evercore Partners, J.P. Morgan and Nomura in relation to Takeda Pharmaceutical Company’s £46 billion recommended offer for Shire, announced today.

International law firm Ashurst has acted as the Hong Kong legal advisers to CHMT Peaceful Development Asia Property Limited on the US$4.1 billion bond issuance to finance the acquisition of Hong Kong skyscraper The Center. The consortium acquired The Center from Li Ka-shing's CK Asset Holdings (SEHK:1113) at a record price of HK$40.2 billion in November 2017. It is the world's most expensive real estate transaction for a single building to date.

European-focused commercial real estate firm NorthStar Realty Europe has sold the Maastoren (Maas Tower) in Rotterdam, the tallest office building in the Netherlands, to a joint venture made up of between FOM Real Estate, Asia Pacific Real Estate and Coquine SA.

NorthStar acquired the 44 floor, office building which comprises 38,000sqm of floor space and 639 parking spaces in an indoor parking garage, in December 2014.

Clifford Chance advising Aldar Properties on its AED 3.7 billion acquisition of real estate assets from TDIC
One of the largest ever real estate M&A deals in the Middle East

Clifford Chance is advising Aldar Properties PJSC (Aldar Properties), a leading listed property development, investment and management company based in Abu Dhabi, on its acquisition of a portfolio of real estate assets from Tourism Development and Investment Company PJSC (TDIC) worth AED 3.7 billion; one of the largest real estate acquisitions in the history of the Middle East.

CMS has acted for Mainstream Renewable Power (“Mainstream) on the disposal of the 450MW Neart na Gaoithe offshore wind farm project to the EDF Group, via EDF Renewables in the United Kingdom, a joint subsidiary of EDF Energy and EDF Energies Nouvelles. Mainstream is the world's leading pure-play renewable energy developer in high growth markets.