Gide’s Casablanca office assisted Wendel on the sale of its equity interest in the holding company of the Saham group for USD 155 M (EUR 125 M).

This transaction took place alongside the sale by Saham group of its insurance division to South Africa-based Sanlam, the leading financial services provider in Africa, for more than USD 1bn. It is subject to the  completion of the transaction between the Saham Group and Sanlam, which should occur in the second half of 2018.

Baker McKenzie advised Hudson Bay Capital Management on its  convertible bond investment of up to 36 million euros in Visiomed Group.

Visiomed Group is a company listed on Euronext Growth Paris which specialises in the development and marketing of innovative connected medical devices. 

The financing was structured as a private issuance of warrants for bonds convertible into shares with equity warrants attached (BEOCABSA).

Baker McKenzie advised Clean TeQ Holdings on its underwritten institutional placement to raise A$150m and issue a share purchase plan.  Proceeds will be used to fund early works and long lead items to accelerate the development of its 100% owned Sunrise Nickel /Cobalt /Scandium operations, located 350km west of Sydney.

Baker McKenzie FenXun (FTZ) Joint Operation Office ("Baker McKenzie FenXun" or the "Joint Operation") recently assisted Excel Partners China Fund, L.P. ("Excel") on a USD 175 million secured term loan facility by a consortium of five leading international banks, led by Deutsche Bank AG as mandated lead arranger, to three Barbados subsidiaries of Excel as borrowers.

Baker McKenzie advised global video game publisher and developer on transaction worth EUR 121 million

Swedish video game publisher and developer THQ Nordic acquired 100 percent of the shares in Austrian Koch Media GmbH. Koch Media is a leading, independent producer and marketer of digital entertainment products. The Tyrol-based company operates studios in Germany, Great Britain and the United States, as well as offices in many European countries.

Baker McKenzie, with a team led by counsel Eugenio Muschio and with the coordination of partner Pietro Bernasconi, acted as transaction counsel and the only law firm involved in relation to issuance by Mediobanca International (Luxembourg) S.A of CHF 150 million senior preferred bond with maturity on 2 March 2023, under the EMTN Programme.

The bond has issued for the listing on the SIX Swiss Exchange and is guaranteed by Mediobanca - Banca di Credito Finanziario S.p.A.. The dealers of the issuance were Credit Suisse AG and Commerzbank.

A team led by Hamburg-based partner Dr. Lothar Ende of the law firm of Heuking Kühn Lüer Wojtek advised the two shareholders of CruiseVision GmbH, Christian Paulick and Mirko Berloge, on the sale of a minority stake to BWK GmbH Unternehmensbeteiligungsgesellschaft. With BWK as a partner, the provider of photo and video products on ocean cruise ships intends to implement its growth strategy more quickly and expand its business model to new markets.
 

Ashurst advised DIC Asset AG (DIC) on the successful increase of a corporate bond. Ashurst has already advised DIC on four bond issues and several increases.

The corporate bond, which has a coupon of 3.25 per cent and was issued in July 2017, has been increased by a volume of €50 million in a private placement. The bond is listed on the official list of the Luxembourg Stock Exchange and admitted for trading on the regulated market of Bourse de Luxembourg. DIC intends to use the net issue proceeds for general corporate purposes.

The Litigation and Corporate Risk team at international law firm Berwin Leighton Paisner (BLP) have achieved a successful judgment following a 12 day High Court trial for client BCA Trading (BCA) in a case where it utilised predictive coding to conduct a substantial document review exercise.

BLP believes that this is the first time that predictive coding has been tested through to full trial. BLP secured the first English court order allowing the use of predictive coding in the face of opposition from the other side in the case in May 2016.

Real Estate business venture GODEWIND Immobilien AG intends to list its shares on the Regulated Market of the Frankfurt Stock Exchange on 27 March 2018. International law firm Clifford Chance is advising GODEWIND on this transaction.