Leading law firm Freeths LLP recently appointed a new partner to their Stoke office.
James Boulton joins the corporate team from Reed Smith in London with over 12 years' experience in domestic and cross border mergers and acquisitions, joint ventures, venture capital, private equity, corporate restructurings, and general company law matters.
Global law firm Clyde & Co has today announced the hiring of a leading ten lawyer insurance team in Miami.
Sina Bahadoran and Eric Hiller join Clyde & Co from Hinshaw & Culbertson LLP as partners and will be joined by their team of 10 lawyers and other legal support staff. They will bolster the firm's insurance practice in Miami, where Clyde & Co first opened in May 2016 following a merger with Thornton Davis Fein.
Global law firm White & Case LLP has advised Zynga Inc., a social game developer, on its agreement to acquire 80 percent of mobile game developer Small Giant Games for US$560 million. The transaction is expected to close effective as of January 1, 2019 and Zynga will purchase the remaining 20% of Small Giant over the next three years at valuations based on specified profitability goals.
Vintage Engineering Public Company Limited (VTE: Bangkok) is a Thai-listed company with integrated businesses in power and utilities development across Thailand and internationally. The firm assisted with the issuance and allocation of 50,000,000 newly-issued ordinary shares to offer for sale in a private placement under the Securities and Exchange Act to Macquarie Bank Limited and the offering for sale of 141,604,288 newly-issued ordinary shares in a rights offering to the existing shareholders by means of a General Mandate in aggregate value of THB 333 million (US$9.5 million).
Law firm Stephenson Harwood LLP has advised Covanta Holding Corporation (Covanta) on a strategic partnership, structured as a 50:50 joint venture, with Green Investment Group (GIG), a subsidiary of Macquarie Group Limited. The partnership will develop, fund and own energy-from-waste (EfW) projects in Ireland and the UK.
Orrick has advised OptAsia Healthcare, a Hong Kong-based healthcare technology firm, on its joint venture with Redwood City, CA-based Soleno Thera-peutics (NASDAQ:SLNO) and its subsidiary Capnia for the development and commercialization of Capnia’s innovative Sensalyze technology platform, which includes the CoSense End-Tidal Carbon Monoxide monitor that assists in the detection of excessive hemolysis in newborn infants.
Willkie represents Brookfield in the transaction, expected to close in the third quarter of 2018.
On January 4, Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) announced that it has entered into an agreement to acquire 100% of Westinghouse Electric Company, a leading global provider of infrastructure services to the power generation industry, currently owned by Toshiba Corp.
De Brauw has advised Bosal Nederland on the sale of Tow Bars Division to TowerBrook Capital Partners (UK).
Client name
Bosal Nederland B.V.
Other parties involved
TowerBrook Capital Partners (UK)
Nature of transaction
On 31 December 2017, Bosal Group and TowerBrook reached agreement for the sale of Bosal's international Tow Bars Division which produces and supplies tow bars, bike carriers, wind stops and roof-racks to OEM/OES customers and aftermarket distributors.
Value of transaction
In the latest of a series of Lloyd's and London market broker deals, the RPC team has advised Citynet, the Lloyd's of London broker, and the selling shareholders, on the deal announced in December with Carlyle-backed PIB Group.
The RPC team was led by James Mee, Head of Corporate Insurance and Financial Services, and David Wallis, Partner in the private equity team specialising in financial services transactions.
Ashurst LLP advised EQT Real Estate on the refinancing of the Smart Parcs building, located in Courbevoie.
As a reminder, the initial acquisition by EQT Real Estate took place in August 2016.
This transaction was completed late December 2017.