Baker McKenzie has advised Cartonplast on the acquisition of the French branch of Demes Palettenlogistik, a German company. Cartonplast is a leading player in the reconditioning of plastic layer pads (PLPs), which are indispensable for the transport of glass, metal or PET containers in the food industry. The Cartonplast model encourages the reuse of these materials and is built upon strong commitments in terms of respect for the environment.

This deal is the second largest in the Vietnamese banking sector history

Baker McKenzie advised Vietnam’s Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) on its initial public offering of shares (IPO). HDBank's USD 300 million IPO sets to be the second largest deal in the Vietnamese banking sector history since the Bank for Foreign Trade's (Vietcombank's) USD 463 million IPO in 2007.

A cross-border team from Baker McKenzie has advised Japan's largest financial group, Mitsubishi UFJ Financial Group, Inc (MUFG), on a strategic investment into PT Bank Danamon Indonesia Tbk. (Bank Danamon).

The transaction is expected to strengthen MUFG’s growth in Asia & Oceania and also contribute to the development of the banking sector in Indonesia.

Mayer Brown announced today that it advised Altice N.V. and Altice USA Inc. as US tax and structuring counsel in its spin-off of Altice USA Inc. and group reorganization of Altice Europe. The separation and reorganization will enable each business to focus more on the distinct opportunities for value creation in their respective markets and ensure greater transparency for investors.

The Mayer Brown team included Tax Transactions & Consulting partners Jason Bazar (New York), Laurent Borey (Paris) and Jim Barry (Chicago), and associate Lucas Giardelli (New York).

The Supreme Court has refused to grant Comune di Prato permission to appeal the decision of the Court of Appeal in the case of Dexia Crediop S.p.A. -v- Comune di Prato ([2017] EWCA Civ 428).  The decision brings an end to the long-running litigation between Dexia and Prato and confirms the validity of the swaps between them, which had been challenged by Prato.  Dexia was represented by Allen & Overy with advice on Italian law issues from Bonelli Erede Pappalardo.

Ashurst LLP advised once again Segro European Logistics Partnership (SELP) on the sale of a portfolio of two logistic Class A assets to AEW.

The assets developing a total surface area of circa 38,000 sq.m. are located in Compans and Ris-Orangis (France).

The Ashurst team in Paris was composed of real estate partner Guillaume Aubatier, assisted by associates Dorian Scemama and Malvina Dahan.

BLP has advised XLMedia, the AIM listed leading provider of digital performance marketing, on its successful placing of new Ordinary Shares, raising gross proceeds of £31.7m.  The placing, conducted by Berenberg, was oversubscribed and the proceeds are to be used by XLMedia to fund acquisition opportunities as they arise.

Clyde & Co has advised Liberty House, the industrial arm of the GFG Alliance, on its binding offer for Rio Tinto’s aluminium smelter, the largest in Europe, in Dunkirk, France.

If successful, Liberty House's binding offer to acquire the French smelter from Rio Tinto would form GFG’s first significant step into continental Europe. The offer triggers a statutory consultation with employees and other stakeholders.

Dentons advised Mediterrania Capital Partners on the acquisition, through its third fund (MC III) alongside DEG, Proparco and South Suez, of a stake in Travaux Généraux de Construction de Casablanca (TGCC) for an amount of €55 million. The investment is aimed at supporting the company’s expansion plans based on the growth trends in the construction sector in Morocco and Sub-Saharan Africa.

Dentons successfully represented Stadler Poland, leading manufacturer of rolling stock in two key public tender procedures with a combined value of more than EU600 million.