Dechert LLP advised Ares Management Limited (“Ares”) and The Royal Bank of Scotland (“RBS”) on their provision of a senior debt financing package to support Phoenix Equity Partners acquisition of a majority stake in the Forest Holidays Group. 

Phoenix Equity Partners will be investing in the Forest Holidays Group alongside LDC, the private equity arm of the Lloyds Banking Group, the Forestry Commission and Management (who were all previous investors in the Forest Holidays Group). 

MinterEllison has advised ASX listed retail travel franchise Helloworld Travel on its $32.5m acquisition of Magellan Travel Group.

MinterEllison has acted for Helloworld Travel Limited (Helloworld) which has entered into agreements to acquire the Magellan Travel Group (Magellan) for $32.5 million.

ASX listed Helloworld is Australia's largest retail franchise travel business and currently employs over 2,000 staff globally.

Vienna, December 22 2017 - Wolf Theiss has advised mobile operator T-Mobile on the acquisition of UPC Austria. Liberty Global plc, the largest international cable network operator, was the seller. The purchase price amounts to € 1.9 billion, making it to one of the biggest transactions in Austria and Central Europe in 2017.

Loyens & Loeff advised Red Company, a Dutch based development company, with the sale of 2 office buildings consisting of approximately 20,000 sqm and 400 parking spaces for a value of 91 million.

Contacts
    Bram Linnartz

Loyens & Loeff advised Changes, the developer of community-concepts for specific groups, with the sale of an apartment building consisting of 596 apartments in Amsterdam.

Contacts
    Bram Linnartz
    Steven Lucas
    Felicitas Stern

North west fruit and confectionary sauce manufacturer Fruitapeel has been acquired by international company Puratos in a deal brokered by a trio of Manchester advisers.

Fruitapeel was founded in 2006 by Terry and Debbie Haigh. The company, which is headquartered in Simonswood, Merseyside and has around 70 employees, supplies customers from artisan producers and farm shops to multi-million-pound ice cream, dessert and cake manufacturers.

Linklaters advised J.P Morgan, acting as the presenting bank alongside BNP Paribas, in relation to a potential takeover bid, followed by a squeeze-out targeting shares in the SFR group initiated by Altice.

The Linklaters team was managed by Marc Petitier, a partner in the Corporate division. Cyril Abtan, partner, dealt with the aspects of the counter-guarantee for the presenting banks. They were assisted by Maxime Le Bivic, associate. Luis Roth, a partner in Capital Markets dealt, with all the American law aspects of the deal. He was assisted by Sonny Ha, associate.

Hogan Lovells advised the arrangers and joint lead managers BNP Paribas, London Branch and UniCredit Bank AG, London Branch, on the securitisation of a portfolio of consumer loans receivables worth PLN 2.3 billion, originated by Bank BGZ BNP Paribas S.A., , being a member of leading international banking group BNP Paribas.

This follows the work of Hogan Lovells (which specialises in, among other things, legal and tax advisory services in the field of securitisation) on a number of previous transactions of this type in the Polish market.

Leading international law firm Hill Dickinson has advised Styles & Wood Group plc, the integrated property services and project delivery provider, on the recommended cash offer by Central Square Holdings Limited. The offer comprises 465 pence in cash per ordinary share, valuing the diluted share capital of Styles & Wood at £42.5 million.

The acquisition is to be implemented by way of scheme of arrangement with final completion is expected to occur in March 2018.