International law firm CMS, has advised CMS’ longstanding client euNetworks, a leading European bandwidth infrastructure provider, on its merger with investment firm Stonepeak Infrastructure Partners (“Stonepeak”). The transaction sees Stonepeak take a majority interest in euNetworks and the deal provides euNetworks with up to $500 million of committed growth capital for both organic and inorganic development.
International law firm Bird & Bird has successfully represented Easynet in the Court of Appeal, allowing the consolidation of multiple group companies under the Cross-Border Merger Regulations.
The Court of Appeal decision in Easynet Global Services Ltd [2018] EWCA Civ 10 (18 January 2018) has clarified the extent of the UK Court's discretion to approve mergers under the Cross-Border Merger Regulations. This clears the way for multiple companies to be consolidated cross-border within the EU.
Bevan Brittan has acted as adviser to Brighton & Hove City Council in a £120 million joint venture (JV) with Hyde Housing to deliver 1,000 affordable new homes in the local area.
This local authority/housing association joint venture is an exciting model as it offers a structure for two publically focused organisations, that are natural housing development partners, to come together without a procurement process, enabling increased speed of delivery and certainty.
CMS Cameron McKenna Nabarro Olswang in Kyiv is pleased to announce that our law firm has recently advised the European Bank for Reconstruction and Development (EBRD) on improvement of energy efficiency of public buildings in Ukraine. The city of Kremenchuk in central Ukraine is the first municipality to receive funding under the EBRD’s Public Sector Energy Efficiency Financing Framework (PSEEF). EBRD will provide loan financing of up to €7.5m and a €1.5m grant to the Communal Enterprise “Kremenchuk Municipal Energy Service Company”.
Hill Dickinson has recently advised AIM-listed client BMR Group Plc (BMR) on the acquisition of 29.01% interest in the enlarged share capital of BMR by Jubilee Metals Group Plc (Jubilee) to advance the BMR’s Kabwe zinc-lead project in Zambia.
Linklaters has advised Align17, a new digital investment platform launched today at the World Economic Forum (WEF) in Davos. Align17 matches parties seeking investment deals addressing the United Nations Sustainable Development Goals (SDGs) with co-investment opportunities brought by a vetted group of top-tier impact investors, development finance institutions and NGOs. The platform was founded on the understanding that the world’s biggest challenges are also its biggest opportunities and the belief that private wealth is the key to unlocking the SDGs.
Willkie advises TRACE, TRACE’s co-founder, Olivier Laouchez, and the TRACE management team in the transaction.
TPG Growth, a middle market and growth equity investment platform of the global private investment firm TPG, announced it will acquire a majority stake in TRACE, a market leader in afro-urban music and entertainment. The remaining stake will be owned by TRACE’s co-founder Olivier Laouchez and the TRACE management team.
Orrick represented Merlin Energy, Inc., an international energy company focused on oil and natural gas exploration and production, in a multi-million dollar financing transaction which has broad implications for the Mexican oil and gas industry.
We guided our client in the negotiation and implementation of the first ever Mexican overriding royalty interest for certain onshore blocks located in Eastern Mexico with Compania Petrolera Perseus.
Paul Hastings, a leading global law firm, announced today that the firm represented the underwriters in the US$1 billion GDR offering by Kakao Corp., the operator of leading mobile and online platforms in Korea. This marks the largest overseas-listed equity offering by a Korean issuer in a decade.
The GDRs will be listed on the Singapore Exchange, while the underlying common shares will be listed on the Korea Exchange.
Paul, Weiss is representing Kohlberg & Company L.L.C. in its sale of e+CancerCare to Alliance HealthCare Services. The transaction is expected to close following receipt of customary financial and regulatory approvals. Alliance Healthcare Services is a leading national provider of outsourced healthcare services, and e+ is a major operator of outpatient cancer care centers, with 24 locations in 10 states. Upon completion of the deal, e+ will join Alliance Oncology, a division of Alliance HealthCare Services.