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Schulte Advises Veritas Capital and its Affiliates in Acquisition of PricewaterhouseCoopers' US Public Sector Business

16 Feb 2018

Schulte represented Veritas Capital and its affiliates in their acquisition of the U.S. public sector business of PricewaterhouseCoopers LLP.  PwC’s U.S. public sector business helps governments — federal, state and local — and multilateral agencies solve complex business problems, improve processes and manage risk through its capabilities in financial management, strategy development, program management, operational effectiveness and organization design.

Schulte Advises Sustainable Growth Advisers in Acquisition by Virtus Investment Partners Inc.

16 Feb 2018

Schulte advised Sustainable Growth Advisers (SGA), an employee-owned investment manager, in its sale of a majority stake to Virtus Investment Partners Inc., which operates as a multi-manager asset management business. SGA has $11.6 billion in assets under management in U.S. and international growth equity strategies. The transaction, in which Virtus will purchase interest held by private equity firm Estancia Capital Management and by SGA's partners, will expand Virtus' investment offerings and diversify and expand its clients base.

Norton Rose Fulbright advises MICRODYN-NADIR on the acquisition of OLTREMARE

16 Feb 2018

Global law firm Norton Rose Fulbright has advised MICRODYN-NADIR, the water treatment business unit of global filtration leader MANN+HUMMEL on the acquisition of OLTREMARE, a leading European manufacturer of spiral-wound membrane elements. OLTREMARE, based in Fano, Italy, is known for both the production of custom and private-label spiral products and the distribution of reverse osmosis, ion exchange.

Ashurst advises Kuwait Petroleum International on its investment in the Duqm Refinery and Petrochemical Industries Company

16 Feb 2018

Ashurst advised Kuwait Petroleum International (KPI), a subsidiary of Kuwait Petroleum Corporation, on its joint venture with Oman Oil Company to develop a major new green-field crude oil refinery and a petrochemical complex strategically located within the Special Economic Zone of Duqm in the Sultanate of Oman and valued at US$6 billion. KPI completed its purchase of a 50 per cent interest in Duqm Refinery and Petrochemical Industries Company in February 2018.

BLP advises Macquarie in relation to the “Formosa III” offshore wind farm project in Taiwan

16 Feb 2018

International law firm, Berwin Leighton Paisner (BLP) has advised Macquarie Capital (Macquarie) on the introduction of EnBW Energie Baden-Württenberg AG (EnBW) to its partnership with Swancor Renewable (Swancor) to jointly develop 2-GW of offshore wind projects in Taiwan, known as the Formosa III project.

Completion of the transaction is subject to a number of conditions precedent, including Taiwan Investment Committee approvals.

Dentons advises Union Investment on the acquisition of Holiday Inn Warsaw City Centre

16 Feb 2018

Dentons' Real Estate team in Warsaw has advised Union Investment, the Hamburg-based real estate investment manager, on the acquisition of Holiday Inn Warsaw City Centre. The hotel was acquired for the portfolio of UniImmo: Deuschland from UBM.

Opened in December 2017, Holiday Inn Warsaw City Centre comprises 256 rooms, and its architecture is inspired by New Yorks's Flatiron Building. The modern building is conveniently located, in the heart of Warsaw, in the immediate vicinity of several business centers, a shopping mall, and the central railway station.

DLA Piper advises ASB Capital in sale of Infomart Data Centers' Dallas operations

16 Feb 2018

DLA Piper represented ASB Capital Management LLC in the sale of Infomart Data Centers' Dallas operations to Equinix, Inc. for US$800 million. The acquired assets include the Infomart Dallas building, the iconic carrier hotel that serves as the primary interconnection hub for networks in the Southern United States.

The transaction is expected to close during the first half of 2018.

Allen & Overy advises EG Group on its acquisition of Esso service stations in Italy

16 Feb 2018

Allen & Overy is advising EG Group on the acquisition of the going concern consisting of more than 1,100 Esso branded service stations located throughout Italy from Esso Italiana S.r.l., an ExxonMobil Group company. The acquisition includes a long-term supply agreement for the Esso fuel brand in Italy.

Through this acquisition, EG Group will enter the Italian market for the first time and further expand its branded retail network, both fuel and non-fuel.

Riverwood and Blackstone to Acquire Metrotel for $190 Million

16 Feb 2018

The Firm is representing Riverwood Capital LLC (“Riverwood”) and Blackstone Group L.P. (“Blackstone”) in connection with their proposed acquisition of C.P.S. Comunicaciones S.A. (“Metrotel”) for $190 million from Sociedad Comercial del Plata S.A. and TDC Holdings S.A. The transaction is subject to regulatory approvals and customary closing conditions.

Metrotel provides telecommunications services in Argentina and operates one of the largest fiber optic networks in the City of Buenos Aires and surrounding area.