Baker McKenzie successfully acted for UBS as the sole lead manager and underwriter of Link Administration Holdings Limited’s (Link) AUD$300 million placement of ordinary shares.

De Brauw was lead counsel to Waterland Private Equity Investments on the sale of its stakes in Attero.

Client name
Waterland Private Equity Investments B.V. (Waterland)

Other parties involved
Attero Holding N.V., 3i, through 3i Infrastructure plc, Deutsche Bank AG, through DWS

Nature of transaction

MinterEllison has advised a syndicate of five investment and retail banks as lenders to Blackstone Private Equity (Blackstone) in its bid to acquire AMA Group Limited’s (ASX: AMA) vehicle panel repair business.

The proposed transaction will involve the demerger of AMA Group’s automotive component, accessory and procurement business, and the subsequent de-listing and purchase of the remaining vehicle panel repair business by Blackstone.

Baker McKenzie has advised French pharmaceutical laboratory Servier on the acquisition of the global oncology business from British company Shire for $2.4 billion. The closing should take place during the second or third quarter of 2018, once authorisation has been obtained from the competent merger control authorities.

Cleary Gottlieb is advising Total, a global integrated energy producer and provider, and a leading international oil and gas company, in connection with the acquisition of Direct Énergie, France’s leading alternative energy player.

Cleary Gottlieb represented SK Telecom Co., Ltd. in its Rule 144A/Reg S offering of $500 million 3.75 percent notes due 2023.

The notes were listed on the Singapore Exchange. The offering priced on April 9, 2018, and closed on April 16, 2018. BofA Merrill Lynch, BNP PARIBAS, Goldman Sachs International, J.P. Morgan, Mizuho Securities, and Standard Chartered Bank were the joint bookrunners.

LONDON—Covington advised BenevolentAI on an £80 million equity investment by new and existing investors, including Woodford Investment Management, at a pre-money valuation of £1.4 billion. The firm also recently advised BenevolentAI on its acquisition of Proximagen Limited, a Cambridge, UK-based drug discovery and development company, for an undisclosed sum.

LONDON—Covington advised BenevolentAI on an £80 million equity investment by new and existing investors, including Woodford Investment Management, at a pre-money valuation of £1.4 billion. The firm also recently advised BenevolentAI on its acquisition of Proximagen Limited, a Cambridge, UK-based drug discovery and development company, for an undisclosed sum.

Kirkland & Ellis has advised Nordic Capital, a leading private equity investor focused on the Nordic region, selected Northern European sectors and the Global healthcare market, in connection with the transfer of its 2008 vintage fund’s (Nordic Capital Fund VII) remaining nine unlisted portfolio companies to a continuation vehicle in a €2.5 billion transaction.

Milbank, Tweed, Hadley & McCloy LLP has advised  CELSE – Centrais Elétricas de Sergipe on the financing for the Porto de Sergipe I Thermoelectric Complex. The Project, located in Barra dos Coqueiros in the State of Sergipe, is the largest cross-border energy related transaction in Brazil in recent years and the largest LNG-to-Power deal completed to date in Latin America.