Global law firm Herbert Smith Freehills advised longstanding client InterGen on the development and project financing of its 300 megawatt Spalding open cycle gas turbine (OCGT) development project in Lincolnshire, England.

Led by its partners Michael Schlitt and Birgit Reese, Hogan Lovells advised DEMIRE Deutsche Mittelstand Real Estate AG on the acquisition of a strategic interest in the company by funds managed by Apollo.

Macfarlanes has advised private equity firm Epiris on its acquisition of the UK arm of Time Inc from American media company Meredith Corporation.

Time Inc UK is one of the country’s largest publishers, responsible for over 50 diverse media titles including Wallpaper, Country Life, Horse & Hound and Decanter. Its US parent company was acquired by Meredith Corporation last year and the new owner has been clear about its plans to divest from Time Inc’s UK business.  

King & Wood Mallesons (KWM) advised a consortium of banks lead by Bank of China, ICBC, China Construction Bank and Export-Import Bank of China, in the EUR 3.7 billion Refinancing of Midea Gruppe in connection with the acquisition of German KUKA AG.

KUKA AG, one of the leading producers of intelligent automation solutions, was acquired by Chinese Midea Group in 2016. Initially, Midea Group agreed a short term acquisition financing, which was now refinanced for a longer term.

Schulte is advising Priority Holdings LLC, one of the nation's fastest growing payments companies, in its definitive purchase agreement with M I Acquisitions Inc. to become a publicly traded company. Priority and M I, a special purpose acquisition company, will combine and be renamed Priority Technology Holdings Inc. with an anticipated enterprise value in excess of $1 billion. The transaction will build upon Priority Holdings' growth strategy, uniquely positioning them as a highly differentiated technology platform that delivers a value-added collection of payment and business solutions.

Shoosmiths has advised Octopus Ventures on its £2 million investment into a social network that helps new mothers form friendships.

The cash injection provided by the London and New York based venture capital firm will fund the expansion of the 22-strong team currently working on the app, named Mush, as well as increasing the spending on its development and the addition of new features.

Simmons & Simmons’ TMT team has advised First Abu Dhabi Bank (“FAB”), the largest bank in the UAE, on the launch of ‘payit’: the nation’s first full featured digital wallet. The service, which is now available on app stores, is available to all individuals with a valid Emirates ID. ‘Payit’ allows users to send and receive money and its launch is an important step in the UAE’s goal of becoming a cashless economy.

King & Spalding advised H-Energy Mideast DMCC (HEMD), part of H-Energy Global and the LNG unit of Indian real estate business Hiranandani Group, on its LNG sale and purchase agreement to purchase fuel from Petronas LNG Ltd, a subsidiary of Petroliam Nasional Bhd (Petronas).

The international law firm Milbank, Tweed, Hadley & McCloy LLP has advised the H.C. Starck Group in connection with the sale of its division Tantalum & Niobium Powders to JX Nippon Mining & Metals Corporation (Japan). The latter is a subsidiary of JXTG Holdings, Inc., which is listed in Japan. H.C. Starck Tantalum and Niobium GmbH converts metal ores and secondary materials into high-performance tantalum and niobium based powders. It has subsidiaries and operates production facilities in Germany, Japan and Thailand. The H.C.

Beijing & Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm advised ICBC International in its investment into JD Logistics’ US$2.5 billion Series A financing. JD Logistics is the warehousing and shipping subsidiary of China’s second-largest ecommerce player JD.com. This marked the largest single financing in China's logistics industry so far.

Other investors included Hillhouse Capital, Sequoia China, China Merchants Group, Tencent, China Life, China Development Bank Capital FOF and China Structural Reform Fund.