Watson Farley & Williams (“WFW”) has advised Canadian Solar, one of the world’s leading solar energy companies, on the £191.2m sale of its 142 MW UK solar photovoltaic (“PV”) portfolio to Greencoat Solar Assets II Ltd (“Greencoat”), a fund managed by Greencoat Capital LLP.
Taylor Wessing is providing complex legal advice to RIVERROCK EUROPEAN OPPORTUNITIES FUND II LIMITED in connection with financing the acquisition of VITRABLOK by private equity firm ASC Investment.
Fried Frank acted as counsel to New Century Hotel Group in its conclusion of a long-term lease agreement and sale of New Century Hotel to Odyssey Hotel Group, which plans to convert the 4-star hotel to the Delta Hotels Marriott International brand by the second quarter of 2018. Until then, it will continue to operate under New Century Group's brand and management. New Century Hotel Group, based in China, is an investment and tourism group with a portfolio of 280 hotels with over 70,000 rooms across China.
Sidley advised DSP Merrill Lynch Limited and Citigroup Global Markets India Private Limited in connection with a successful US$545 million qualified institutions placement by Idea Cellular Limited (Idea). Idea issued and allotted approximately 42.42 crore equity shares to qualified institutional buyers at an issue price of Rs 82.50 per equity share, aggregating to about Rs 3,500 crore. Idea stated that the issue witnessed interest from a global investor base with about 56 percent and 44 percent allocation to Indian and foreign investors, respectively.
Global law firm White & Case LLP has advised J.P. Morgan, as mandated lead arranger and agent, on the financing of ADLER Real Estate AG's acquisition of up to 70 percent of Brack Capital Properties N.V. (BCP), a public limited liability company incorporated in the Netherlands and listed on the Tel Aviv Stock Exchange with total assets amounting to around €1.6 billion.
Shearman & Sterling advised ABN AMRO on the financing of the acquisition of HALEX Holding GmbH by Bencis Capital Partners. The financing was structured as a unitranche in combination with a super senior revolving credit facility.
Mayer Brown announced today that noted commercial litigator Jon C. Rice has joined the firm’s Litigation & Dispute Resolution practice as a partner in Houston. Mr. Rice joins from Norton Rose Fulbright in Houston.
Macfarlanes is pleased to announce that Neill Blundell will be joining the firm as a partner and head of corporate crime and investigations in the disputes and investigations team.
Neill will focus on corporate criminal investigations and compliance advice, particularly in relation to regulatory issues, anti-bribery and corruption and the Criminal Finances Act.
Allen & Overy is to further expand its tax practice, with Dr Michael Ehret joining its Frankfurt office as partner. He will join the from Linklaters, where he has been a partner since 2014.
Niederer Kraft & Frey advised the Swiss medtech start-up Piavita AG, Zurich, in connection with its Series A financing round led by True Ventures, a renowned Silicon Valley based venture capitalist, and several co-investors such as Fyrfly Venture Partners, also from Silicon Valley, and Zurich Cantonal Bank ZKB. The transaction was closed on 26 January 2018.
Piavita develops portable devices for veterinarians to measure vital data on animals wireless and with minimal efforts.