CIMB and China Galaxy have completed the sale by CIMB to China Galaxy of a 50 per cent. interest in CIMB Securities International Pte Ltd (“CSI”), the holding company of CIMB’s ex-Malaysia stockbroking business, which comprises institutional and retail brokerage, equities research and associated securities businesses across Indonesia, Singapore, Thailand, Hong Kong, South Korea, India, the United Kingdom and the United States of America. CSI will be rebranded as CGS-CIMB Securities once relevant regulatory approvals are obtained.

TLT has advised Wealth Club, an investment service for high net worth and experienced investors, on its acquisition of execution-only discount broker Clubfinance. The deal will form what is believed to be the UK’s largest investment platform of its kind.
Clubfinance offers enterprise investment scheme (EIS), venture capital trust (VCT), investment, pension and stock-broking intermediation services. The acquisition supports Wealth Club's aim of creating the leading specialist broking platform for tax-advantaged investment.

TLT has advised Wealth Club, an investment service for high net worth and experienced investors, on its acquisition of execution-only discount broker Clubfinance. The deal will form what is believed to be the UK’s largest investment platform of its kind.
Clubfinance offers enterprise investment scheme (EIS), venture capital trust (VCT), investment, pension and stock-broking intermediation services. The acquisition supports Wealth Club's aim of creating the leading specialist broking platform for tax-advantaged investment.

The firm has advised Franklin Templeton Investments on the acquisition of independent fund manager Edinburgh Partners, which is headed up by Dr Sandy Nairn, former director of research at Templeton Global Equity Group. The transaction is subject to regulatory approvals and is expected to be completed in the first half of 2018. The terms of the transaction are confidential.

Shearman & Sterling advised HSBC Bank, Lloyds Bank, Barclays, Credit Suisse and NatWest Markets as initial purchasers in connection with the offering of £200 million 3.750% notes due 2023 by ZPG Plc.

Shearman & Sterling also advised HSBC Bank, Lloyds Bank, Barclays, Credit Suisse, RBS and Bank of Ireland as mandated lead arrangers and lenders in connection with a new £200 million revolving credit facility made available to ZPG.

Pinsent Masons has advised Andy Hosking and Sean Bucknall of Quantuma, the joint administrators of Burroughs Day, on Burroughs Day’s pre-pack sale to Metcalfes Solicitors.

Burroughs Day, a 190-year old Bristol law practice, called in administrators after financial difficulties meant its management could no longer keep the business running successfully. An immediate pre-pack administration sale was completed of the whole business  to city rival Metcalfes Solicitors.

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%.

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. 

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.

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.