Dentons has advised Muscat Securities Market listed parent company Muscat Insurance Company SAOG (MIC) (formerly Muscat National Holding Company SAOG) on the three-way merger of its subsidiaries, Muscat Life Assurance Company SAOC and Muscat Insurance Company SAOC, into MIC.

The merger was implemented in order to ensure compliance with recent amendments to the Insurance Companies Law of Oman. The amendments to the law require all Omani insurance companies to increase their capital to OMR10 million and list their shares on the Muscat Securities Market.

DLA Piper has advised Luxembourg-based private equity firm ASC Investment on the acquisition and the financing of VITRABLOK a specialist glass block manufacturer. This is the first acquisition for ASC Investment.

VITRABLOK was part of the SEVES Group, a Triton Fund III company. With more than 300 employees in Europe and the USA, VITRABLOK has a 40% share in the world glass block market. It is the leading manufacturer of glass bricks for interior and exterior architectural applications.

Debevoise & Plimpton LLP is advising American International Group on the acquisition of the Validus Group, a leading provider of reinsurance, primary insurance and asset management services. The transaction is expected to close mid-2018.

Holders of Validus common shares will receive cash consideration of $68.00 per share, for an aggregate transaction value of $5.56 billion, funded by cash on hand.

London – January 22, 2018 – Cooley advised the senior management team of Atcore Technology Group, a leading travel technology company, on its sale to Inflexion Private Equity. Private equity partner Stephen Rosen led the Cooley team.

The Dublin office of international legal business DWF acted for Capital Stage AG on its partnership with the Ireland Strategic Investment Fund (ISIF) to invest in a 140MW portfolio of solar PV projects under development by Irish solar developer, Power Capital.

SDAX-listed Capital Stage AG, is one of Europe's leading renewable independent power producers with wind and solar investments in multiple EU countries. 

The Swedish mobile gaming operator LeoVegas AB (publ) has entered into an agreement to acquire the assets of Intellectual Property & Software Limited (IPS) and other related assets from two further companies, including top brands such as 21.co.uk, Slotboss, Bet UK and UK Casino.

The acquisition will further strengthen LeoVegas' presence in the UK and its position as the leading mobile operator.

Macfarlanes has advised longstanding client Alchemy on the raising of its fourth special opportunities fund which, after an efficient fundraising period, has closed at its hard cap of £900m.

The successful fundraising drew on capital from both existing investors and a select number of new investors, primarily from the US and Europe. 

Macfarlanes has advised longstanding client Alchemy on the raising of its fourth special opportunities fund which, after an efficient fundraising period, has closed at its hard cap of £900m.

The successful fundraising drew on capital from both existing investors and a select number of new investors, primarily from the US and Europe. 

Shearman & Sterling is advising the sponsors, Sasol Limited and Electricidade de Moçambique (EDM), on all aspects of the development and financing of the Central Térmica de Ressano Garcia S.A. (CTRG) joint venture project. The CTRG project is a 175MW gas-fired IPP comprising 18 Wartsila gas engines. EDM holds a 51% stake in the project, with Sasol holding the remaining 49%.

Skadden is advising Validus Holdings, Ltd. on its $5.6 billion acquisition by American International Group, Inc.