Clifford Chance and Yegin Ciftci* advised CCN Yatirim Holding, as the sponsor in the implementation and financing of the Turkish Public Health Agency and the Turkish Pharmaceutical and Medical Devices Agency Campus PPP Project in Ankara, Turkey. Signing of the main finance documents took place on 28 December 2017, with the CCN Yatirim Holding subsidiary signing the finance documents as borrower.

Burges Salmon has advised Yeo Valley on its partnership with Arla Foods in relation to liquid milk, butter and cheese.

The transaction, which sees Arla Foods Limited acquire Yeo Valley subsidiary Yeo Valley Dairies Limited, will give the farmer-owned dairy cooperative the rights to use the Yeo Valley brand in milk, butter, spreadables and cheese under licence from Yeo Valley.

The Yeo Valley yogurt, ice cream, cream and desserts business will continue to be run independently through Yeo Valley Group, which remains under the ownership of the Mead family.

Allen & Overy represented EG Group as the company entered into a definitive agreement to acquire the convenience store business unit from The Kroger Co. (“Kroger”) (NYSE:KR) for $2.15 billion. The transaction is expected to close during the first quarter of Kroger’s fiscal year.

As part of the agreement, EG Group, a privately-held petrol forecourt convenience store retailer based in Blackburn, Lancashire, United Kingdom, will establish its North American headquarters in Cincinnati, Ohio and continue to operate stores under their existing banner names.

MinterEllison has advised the shareholders of Airlie Funds Management on the all-scrip acquisition by ASX-listed Magellan Financial Group Ltd (ASX:MFG).

Airlie Funds Management (Airlie) is a specialist Australian equities fund manager with over A$6 billion of funds under management.

Global law firm Herbert Smith Freehills has advised the underwriting banks Citigroup (Senior Global Coordinator), HSBC (Global Coordinator), BofAML (Senior Global Bookrunner), Deutsche Bank (Global Bookrunner) and Ak Yatirim (Domestic Lead Manager) on the US$393 million (TL1.48 billion) initial public offering of Enerjisa Enerji A.S. on the Borsa Istanbul.

Shearman & Sterling is advising GE Capital Global Holdings, LLC on its acquisition of a 24.99% stake in YPF Energía Eléctrica (YPF EE) from YPF S.A. When complete, GE Capital and YPF S.A. will jointly control YPF EE. GE Capital will pay $275 million for its stake in YPF EE, in addition to a $35 million contingent payment. The transaction is expected to close by February 28, 2018.

The Shearman & Sterling team below was supported by visiting attorney Javier Napoleone (New York-Project Development & Finance).

Katten represented IMF Bentham Ltd, an international litigation funding company, in the sale of the majority of its US investment portfolio to Bentham IMF Fund 1 LLC for $57.4 million. This transaction should serve to bolster the fund's investment portfolio while reducing risk and converting assets to cash for IMF Bentham. The fund was announced last year as a special purpose vehicle funded in part by Fortress Credit Advisors LLC. The Katten team featured Allison Yacker, New York Financial Services co-chair, and Rong Zhao, an associate in the firm's Chicago office.

Davis Polk is advising Nordic Capital on a public cash offer to the shareholders of Nordax Group AB to acquire all outstanding shares for SEK 60 per share. The board of directors of Nordax unanimously recommended the offer.

Nordic Capital is a private equity investor in the Nordic region with a commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordax is a niche bank in Northern Europe, providing unsecured consumer loans and deposits to customers in Sweden, Norway, Finland and Germany.

Davis Polk advised the dealers in connection with a Rule 144A and Regulation S offering by Banco Safra S.A., acting through its Cayman Islands Branch of $500 million aggregate principal amount of 4.125% senior notes due 2023 under Banco Safra’s medium-term notes program.

Banco Safra is a leading multiple bank ranked as the fourth-largest privately-owned bank in terms of total assets in Brazil.

International law firm McDermott Will & Emery advised a bank consortium consisting of Joh. Berenberg, Gossler & Co. KG und equinet Bank AG on a capital increase of ProCredit Holding AG & Co KGaA. 5,354,408 newly issued shares were placed with qualified investors by way of an accelerated book-building process at a price of EUR 11.40 per new share, resulting in gross proceeds of approx. EUR 61 million. The company’s shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange.