Global law firm Norton Rose Fulbright has advised Thomson Reuters Founders Share Company on the sale of Thomson Reuters Corporation on a majority stake in its financial and risk business (“F&R Business”).
Slaughter and May advised Redrow plc on the amendment and extension of its existing unsecured revolving credit facility. The facility was extended to 31 December 2022. The participating banks are Barclays Bank Plc, Lloyds Bank plc, The Royal Bank of Scotland plc, Santander UK plc, Svenska Handelsbanken AB and HSBC Bank plc.
Contacts
Financing: Edward Fife (partner), Andrew Chaplin (associate), Kesten Laverty (trainee)
DLA Piper has advised Finnish private equity investor MB Funds on its investment in Pohjolan Energia Oy, the leading small-scale solar energy system provider in Finland.
MB Funds becomes partner and majority shareholder of Pohjolan Energia Oy to support the company’s growth and international expansion. The current owners continue in key management roles and as significant shareholders in the company.
The Moscow and London offices of Debevoise & Plimpton LLP have advised the firm’s longstanding client PJSC Polyus (“Polyus”) on the issue by its indirect subsidiary Polyus Finance plc of $500 million guaranteed Eurobonds due 29 January 2024 with a coupon of 4.70% per annum (the “Notes”).
Kirkland & Ellis LLP advised Comvest Credit Partners on its final close of Comvest Capital IV, L.P., and affiliated funds (the Fund) with total equity commitments of $836 million, exceeding the initial fundraising target of $650 million. Together with fund-level leverage, total available capital is expected to exceed $1.2 billion.
Mason Hayes & Curran advised the NTMA, as controller and manager of Ireland Strategic Investment Fund (ISIF), on its co-investment with Capital Stage AG, a German stock market listed solar and wind park operator, in a €140 million fund to develop solar farms in Ireland.
The parties have committed to co-invest a total of €140 million and it is expected to lead to the development of 20 solar farms in Ireland with a total generating capacity of up to 140 MW (power for 25,000 homes). This is ISIF’s first investment in solar assets.
KKR Completes Sale of Remaining Stake in Pets at Home Group Plc for £108 Million
The Firm represented affiliates of Kohlberg Kravis Roberts & Co. L.P. (“KKR”) on the sale of its remaining stake in Pets at Home Group Plc (“Pets at Home”). The secondary offering, which was effected pursuant to a block trade by way of an accelerated book build, raised gross sale proceeds of approximately £108 million.
Mason Hayes & Curran are advising Chronicle, Google X’s cyber security initiative, on data protection matters, including General Data Protection Regulation (GDPR).
Google X is the same team that pioneered the self-driving car.
Simpson Thacher represented Gates Industrial Corporation plc in connection with its initial public offering of 38,500,000 ordinary shares at a public offering price of $19 per share, which raised gross proceeds of $731.5 million. Gates’ ordinary shares began trading on the New York Stock Exchange under the ticker symbol “GTES” on January 25, 2018.
Dentons announces the hire of Carlo Merisio as partner in the Real Estate practice. He joins from Allen & Overy along with associate Giulia Zanchetta and trainee Carlotta Soli. They will be based in the Milan office.