Auckland International Airport Limited (AIA), a NZX Top 10 company, has completed the sale of its 24.5% interest in Cairns and Mackay Airports for a total of $370 million.
MinterEllison advised AIA throughout the 12-month process, helping it to manoeuvre through numerous obstacles created by its joint venture arrangements for the airports owners and joint venture banking arrangement.
MinterEllison has acted for Cashpoint Payment Solutions Pty Ltd (Cashpoint) in the A$8.5million acquisition of the assets of ASX listed ATM business Stargroup Ltd (Stargroup, ASX:STL).
Cashpoint partnered with FC Capital, Stargroup's biggest creditor, to purchase the assets from receivers, KordaMentha, and roll assets into Cashpoint's existing ATM, Cash Management and Payments Technology business.
Stargroup provides end-to-end ATM deployment and electronic payment system services and solutions.
Squire Patton Boggs has advised Lloyd’s Register (LR), one of the world’s leading providers of professional services for engineering and technology, who today announces the acquisition of Nettitude, a market-leading global provider of cybersecurity services.
Travers Smith LLP has advised CALA Homes and certain of its selling shareholders in connection with the acquisition by Legal & General of the 52.1% interest in CALA Homes that it did not previously own, resulting in Legal & General now taking full ownership of CALA Homes.
Slaughter and May, working as a team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, advised Arrow Global Group plc (Arrow Global), one of Europe’s leading purchasers and managers of debt, on the issue by Arrow Global Finance plc of €285 million senior secured floating rate notes due 2026 and £100 million 5.125% senior secured notes due 2024. J.P.
Shoosmiths has advised the UK's development finance institution CDC Group on its $15 million investment into RFL Electronics Ltd, which will grow the Bangladeshi company's manufacturing capacity.
The funding will be used to acquire specialist equipment for RFL Electronics' state-of-the-art facility, in Narsingdi, which produces consumer electronic goods for the local market.
CDC is investing alongside Standard Chartered Bangladesh, which is providing a further $3 million.
Pinsent Masons has successfully secured a judgment on behalf of two Philippines state corporations in multi-million dollar dispute with Lehman Brothers Special Financing Inc.
The matter dates back to the collapse of Lehman Brothers in 2008, when a US$100m currency-swap arrangement was terminated as a result of the bank’s insolvency. The currency swap was part of a wider hedging strategy in respect of bonds.
International legal practice Osborne Clarke has advised international venture capital fund, EQT Ventures on its €12.5m equity investment in French company, Tinyclues SAS.
Tinyclues SAS provides an AI marketing campaign solution for businesses across Europe and the United States. Additional co-investors in the company include ISAI Développement, Elaia Alpha Fund and Alven Capital.
Osborne Clarke has advised Finnish venture capital fund, Inventure Fund III Ky on its SEK 6 million equity investment in Swedish company, Stravito AB.
Stravito AB provides an integrated market research solution for businesses across Europe. Co-investors in the company include Creades (publ.) AB.
Partner Mikael Moreira and Associate Kim Bergman from Osborne Clarke’s Stockholm office advised on the transaction.
Herbert Smith Freehills has advised Citigroup, Morgan Stanley and Stifel as joint global coordinators and joint bookrunners, Citigroup and Morgan Stanley as joint sponsors and RBC Capital Markets, Natixis and Societe Generale Corporate & Investment Banking as joint bookrunners on the English/US aspects of the £330 million (US$460 million) IPO of Energean Oil & Gas plc and its premium listing on the London Stock Exchange.