ATLANTA, Jan. 23, 2018 — King & Spalding advised Northlane Capital Partners on its sale of SMG Holdings to an affiliate of Onex Corporation (TSE: ONEX).

Shearman & Sterling advised HalioDx, a diagnostic company expert in immuno-oncology, on the closing of an €18.5 million Series B financing after a Series A round of €8 million in March 2015.

The latest round was led by Bpifrance’s PSIM fund, which was joined by Capricorn Venture Partners and Amundi Private Equity Funds. The fundraising will accelerate the development of HalioDx’s Immunoscore platform for colon cancer and other types of cancer and allow the company to set up commercial activities in the U.S.

Sidley has advised on the initial public offering of Zhenro Properties Group Limited (Zhenro Properties) on the Stock Exchange of Hong Kong. Our clients were CCB International Capital Limited, Guotai Junan Securities (Hong Kong) Limited and Haitong International Securities Company Limited as the underwriters of the transaction. The total offering amount was HK$3.99 billion (excluding over-allotment).

Global law firm White & Case LLP has advised Intesa Sanpaolo S.p.A. on a US$2.5 billion issuance of Yankee bonds under its US$50 billion Medium Term Note Programme.

The issuance consists of US$1 billion 3.375% senior notes due 2023, US$1 billion 3.875% senior notes due 2028 and US$500 million 4.375% senior notes due 2048, issued pursuant to Rule 144A under the US Securities Act.

Baker McKenzie has assisted Sika AG, a leader multinational in the development and production of specialty chemicals in the building sector and automotive industry, in the acquisition of majority stake in Index Construction Systems and Products S.p.A., a leading manufacturer of roofing and waterproofing systems headquartered close to Verona, Italy.

Baker McKenzie assisted Sika with a team led by partner Alberto Fornari and with the assistance of counsel Chiara Marinozzi.

On 17 January 2018 in Abidjan, the Minister for construction, housing, sanitation and urban planning of the Republic of Côte d'Ivoire, Mr Claude-Isaac DÉ, and representatives of Gide law firm, signed a legal assistance agreement to draft a construction and housing code.

The purpose is to provide the country with a regulatory framework meeting the most stringent standards as regards legal certainty, both for users and international investors.

Victory for 1. FSV Mainz 05 e. V. (Mainz 05), the Bundesliga soccer league, and all teams in professional team sports: On January 16, 2018, the Federal Labor Court ruled for the first time that time limits are effective for players in team sports, specifically in Bundesliga soccer (Case: 7 AZR 312/16). Employment lawyer Dr. Johan-Michel Menke, partner at the Hamburg office of the law firm of Heuking Kühn Lüer Wojtek, successfully advised Mainz 05 on the appeal and the legal review by the court.
 

Michael Schmittmann, Partner at Heuking Kühn Lüer Wojtek’s Düsseldorf office and renowned media lawyer, successfully represented the Saxon State Institute for Private Broadcasting and New Media (SLM) against the Free State of Saxony. In its December 19, 2017 judgement, the Saxon Higher Administrative Court in Bautzen ruled that, contrary to the first-instance judgement of Leipzig Administrative Court, the action by SLM against a supervisory complaint of the State Chancellery would be upheld.
 

Ashurst has advised Invesco on the asset sale of 1 New York Street, Manchester for circa £55,000,000 to The Royal London Pension Property Fund.

The mixed use building in Manchester comprises over 100,000 square feet of Grade A office, restaurant and bar space.  The sale was preceded by the re-gear of lettings to key tenants.

Real estate Partner Melanie Jordan oversaw the deal. The team was led by real estate senior associate Rudi Hakiman, together with Julie Connolly, Charlotte Assael and Emily Ludlow-Eyre.

Ashurst has advised Lendlease on the development agreement with the London Borough of Haringey relating to the High Road West project in Tottenham, north London.

The scheme comprises a comprehensive residential led regeneration of the site that will support the delivery of a new sports and leisure destination for London.

The team was led by partner and head of Real Estate EMEA/US Richard Vernon, together with planning partner Lucy Thomas and senior associate Rudi Hakiman.