Herbert Smith Freehills has advised Transurban Group on the A$6.7 billion West Gate Tunnel Project in Melbourne, Victoria. The project will deliver a vital alternative to the West Gate Bridge, providing a much needed second river crossing, quicker and safer journeys, and remove thousands of trucks from residential streets and provide a direct freight link to the Port of Melbourne.
Linklaters has advised SDIC Zhonglu Fruit Juice on the acquisition of the Polish juice producer Appol Group from its Polish shareholders, marking SDIC's first investment in the Polish FMCG sector.
Linklaters has advised CBRE Global Investors on its letting to Red Bull Company Limited (‘Red Bull’) which has taken possession of 37,855 sq ft at Seven Dials Warehouse, 42-56 Earlham Street, Covent Garden, London.
Red Bull has signed an 11-year lease on the property which will become their new London headquarters. The company will occupy the Reception, Part Ground, Mezzanine and Third to Sixth floors.
International legal pratice Osborne Clarke has advised the Hamburg-based VAT start-up Taxdoo on a seed financing from (High-Tech Gründerfonds) HTGF.
Taxdoo has devised a system that automatically collects data from marketplaces, online shops and ERP systems and processes it in line with international VAT regulations. This information is then submitted to the respective financial authorities through an international network of VAT experts. The data can then be transferred seamlessly into financial accounting systems.
International legal practice has advised Highland Capital Partners as investor in eGym which has been granted a loan of up to EUR 25 million by the European Investment Bank (EIB). The financing is being provided by the European Fund for Strategic Investments.
Munich-based eGym develops state-of-the-art concepts for fitness studios and health-related facilities. The company supplies more than 1,000 gyms in Germany and other European countries with its equipment and intelligent apps.
International legal practice Osborne Clarke has advised the shareholders of Kluman and Balter Limited and A1 Cake Mixes Limited on the sale of the companies to Brenntag, a global market leader in chemical distribution.
International mineral exploration and development group, Uranium Resources plc, has announced its intention to dispose of its existing operations, restructure its share capital and raise further investment to allow it to pursue further acquisition opportunities.
Supported by advisers at Shakespeare Martineau, the deal, restructuring its share capital, involved raising a large investment from a number of parties and the disposal of the company’s overseas assets.
Watson Farley & Williams (“WFW“) has advised Credito Valtellinese S.p.A. (“Credito Valtellinese”), on €2.3m financing of a 3.3 MW wind plant located in the Basilicata region in southern Italy. A key aim of the financing is a renovation of the plant to improve its energy efficiency.
The plant is owned by an SPV of Fri-El Group, one of Italy’s leading green energy companies and active in the wind sector since 2002.
King & Wood Mallesons (KWM) has advised the Victorian Government on the development of its first Social Impact Bond (SIB) to finance an innovative new program to help disadvantaged Victorians break the cycle of chronic homelessness.
Upon implementation, the SIB will support Sacred Heart Mission’s ‘Journey to Social Inclusion’ program, which aims to provide individuals sleeping rough with rapid access to permanent housing, as well as to improve their general health, wellbeing and social participation.
King & Spalding represented specialist life assurance group Life Company Consolidation Group (LCCG) in its purchase of 100 percent of the share capital of life insurance company Generali PanEurope dac (GPE) for €230 million.