CMS has advised the Wellcome Trust, the UK’s largest charitable foundation and one of the world’s largest funders of medical research, on its issue of £750 million Bonds due 2118 (the “Bonds”). The issue of the Bonds launched and priced today.
J.P. Morgan acted as lead manager and Bank of America Merrill Lynch and Morgan Stanley acted as co-managers in respect of the issue of the Bonds.
Sydney: Clifford Chance has advised the shareholders of Australian corporate catering service provider Order-In on its sale to buyers controlled by global venture capital entity Rocket Internet.
Rocket Internet, listed on the Frankfurt Stock Exchange, invests in proven internet companies, such as Delivery Hero, Hello Fresh and the Global Online Takeaway Group. Order-In was launched in 2000 and manages hospitality services for more than 2000 customers, including Commonwealth Bank, QBE and Lendlease.
Charles Russell Speechlys has advised long-standing client India Capital Growth Fund Limited on its move from AIM to a premium listing on the Main Market. Stockdale Securities is the sponsor.
Admission of the Company’s ordinary shares to the premium listing segment of the Official List and to trading on the Main Market of the London Stock Exchange and delisting from AIM took place on 24 January 2018.
Charles Russell Speechlys were pleased to advise Shaw Industries Group, Inc. (Shaw) on the acquisition of Scotland-based carpet tile manufacturer Sanquhar Tile Services (STS).
Shaw is the largest carpet tile manufacturer in North America and the acquisition expands its carpet tile footprint to meet the needs of its global customers, complementing its carpet tile manufacturing facilities in the USA and China.
The financial terms of the transaction were not disclosed.
Ashurst has acted as the legal adviser to Australian Unity Funds Management Limited (Australian Unity) on the A$740 million refinancing of the corporate debt facilities for the Australian Unity Healthcare Property Trust (HPT) and the project financing for the construction of a new public hospital in Brisbane called the Specialist Rehabilitation and Ambulatory Care Centre (SRACC).
Ashurst has acted as the legal adviser to Australian Unity Funds Management Limited (Australian Unity) on the A$740 million refinancing of the corporate debt facilities for the Australian Unity Healthcare Property Trust (HPT) and the project financing for the construction of a new public hospital in Brisbane called the Specialist Rehabilitation and Ambulatory Care Centre (SRACC).
Slaughter and May is advising Wing Tai Properties Limited (Wing Tai Properties) on the sale of the entire issued share capital of Allied Effort Limited (Allied Effort), an investment holding company that indirectly holds the “W Square” property in Wanchai, Hong Kong. On 2 February 2018, Wing Tai Properties announced that its wholly owned subsidiary had entered into a binding agreement with Top Sincerity Limited and Winland Group Limited in respect of the sale for a consideration of HK$2,848,800,000, subject to price adjustments. The sale is a “major transaction
International law firm Pinsent Masons has advised Cargill on its joint venture with Faccenda to create Avara Foods.
Avara Foods will combine Cargill’s fresh chicken business in the UK and Faccenda’s fresh chicken, turkey and duck business.
The new joint venture follows Competition and Market Authority (CMA) approval in December and will be a 50/50 shared ownership between Cargill and Faccenda. It will employ 6,000 people in a fully integrated supply chain.
EDF LNG Shipping, a subsidiary of EDF group, signed a long term charter contract with the Japanese shipowner NYK on January 26th 2018. The vessel, with a capacity of 174,000 cbm, will be built by the shipyard Hyundai Heavy Industries with delivery expected by spring 2020.
Ince & Co supported EDF LNG Shipping in the negotiation and drafting of the time charter contract providing for an initial charter period of seven years which can be further extended to twenty years.
Ashurst advised the European Chemical Industry Council (Cefic) on the negotiation of the lease agreement for its new headquarters at Belliard 40 in Brussels.
Cefic has signed a long-term lease agreement with owner Cofinimmo for over 6,000 m² of office space in a brand new project in the heart of the European institutions neighbourhood.
The Ashurst Brussels team was led by real estate partner David Du Pont. He was assisted by associate Clément Dekemexhe.