Wierzbowski Eversheds Sutherland has advised the Ministry of Economic Development on establishment of Polska Grupa Lotnicza (Polish Aviation Group). The team of lawyers responsible for the project was headed by Ewa Szlachetka, partner and head of the M&A practice and the banking and finance practice.
White & Case LLP has advised Energean Oil & Gas plc, an independent oil and gas exploration and production company focused on the eastern Mediterranean, on its initial public offering (IPO) on the main market of the London Stock Exchange, which values the company at around £695 million (US$968 million).
Greenberg Traurig Germany advised Linus Capital (Linus) on a mezzanine financing for the Düsseldorf-based project developer CENTRUM. Linus is providing mezzanine capital of approximately EUR 8 million for the development of retail space at the Alexanderplatz in Berlin.
The project development covers a total area of approximately 7,000 square meters, of which several retail spaces have already been let.
Greenberg Traurig Germany advised Linus comprehensively on all legal aspects of the complex financing structure.
Background:
Davis Polk is advising Tencent Holdings Limited in connection with its affiliate’s investment in N26 GmbH. The transaction is part of a $160 million Series C financing round that was co-led by Tencent and Allianz X. The funding represents the largest non-IPO equity financing round in the fintech industry in Germany to date.
Firm advises leading mobile operator on key strategic transaction.
Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to PPF Group for €2.8 billion (NOK 27 billion) on an enterprise value basis.
Orrick advised Ascent Robotics Inc., a Tokyo-based company developing AI for self-driving vehicles, in raising JPY1.1 billion yen ($ 10 million) in a Series A round, led by SBI Investment’s AI and blockchain-focused fund.
Following this funding, Ascent Robotics will carry out substantial experiments of self-driving vehicles on public roads. The fund will also be used for recruiting prominent researchers and engineers and expanding their business hub overseas.
Our team was led by Hiroki Sugita, with the support from Sakon Kuramoto.
Baker McKenzie acted as Australian and U.S. legal counsel to RBC Capital Markets and Morgans Corporate Limited, as joint lead managers of a fully underwritten A$50 million institutional placement by Megaport Limited and a secondary sell-down by Mr Bevan Slattery, Chairman of Megaport Limited.
With Boris Dürr, M&A Partner at the Munich office, Heuking Kühn Lüer Wojtek advised CANCOM SE on the acquisition of UK-based Ocean Intelligent Communications Ltd. The company’s founders and parts of management have taken out a minority interest in the new holding company so that CANCOM will end up holding 82.1% in Ocean. Since Ocean is a UK company, Heuking Kühn Lüer Wojtek asked UK law firm Stevens & Bolton LLP to join in advising on the transaction.
CMS has advised its longstanding client ING Bank N.V. (ING) on yet another financing to the Ukrainian agribusiness sector. ING, as a mandated lead arranger and bookrunner, arranged an $80 million pre-export finance facility to Vioil – one of the largest producers of vegetable oils in Ukraine. The syndicated facility was channeled to Ukrainian exporters to further fund the working capital needs of Vioil group, including to refinance the existing facilities.
Squire Patton Boggs recently completed acting on behalf of the government of Dubai in connection with its approximately US$2.5 billion financing for the Route 2020 project. The project consists of a 15km extension of the Dubai Metro’s Red Line from Nakheel Harbour and Tower Station to the Emirate’s Expo 2020 site.