Kirkland & Ellis Advises Oaktree on Acquisition of a Stake in NL - HOLDING GmbH
Kirkland & Ellis Advises NPAC Holdings on Sale of Powerflute
Kirkland & Ellis advised Nordic Packaging and Container (Finland) Holdings Oy (‘NPAC Holdings’), a company controlled by Madison Dearborn Partners, LLC on the €365 million sale of its Powerflute semi-chemical fluting business to Mondi Group. The transaction, which was announced on December 22, 2017, remains subject to competition clearance and customary closing conditions and is expected to complete during the first half of 2018. Them full press release is available here.
Milbank Advises Seaoil Philippines on Its Strategic Partnership with Caltex Australia
Milbank, Tweed, Hadley & McCloy LLP has advised Seaoil Philippines, Inc., the country’s largest independent fuel operator, in a strategic partnership with Caltex Australia Petroleum Pty Ltd. Caltex will acquire a 20% equity interest in Seaoil.
The transaction, valued at US$100 million, will allow Seaoil to benefit from Caltex’s support for continued growth strategy.
CMS advises Grenzebach on sale of Ventech Systems and LJU Automatisierungstechnik
Hamburg – The Grenzebach Group has sold Ventech Systems GmbH to Goodyear and LJU Automatisierungstechnik GmbH to Conductix-Wampfler GmbH. CMS advised the Grenzebach Group on both transactions via two teams headed by M&A specialists Dr Hilke Herchen and Dr Jacob Siebert.
CMS advises Grenzebach on sale of Ventech Systems and LJU Automatisierungstechnik
Hamburg – The Grenzebach Group has sold Ventech Systems GmbH to Goodyear and LJU Automatisierungstechnik GmbH to Conductix-Wampfler GmbH. CMS advised the Grenzebach Group on both transactions via two teams headed by M&A specialists Dr Hilke Herchen and Dr Jacob Siebert.
PARTNER MOVES - Lewis Greenwald joins DLA Piper's Tax practice in New York
DLA Piper has announced that Lewis Greenwald has joined the firm's Tax practice as a partner in the New York office.
Greenwald's practice is focused on international tax planning and structuring for multinational companies, including tax-efficient acquisitions, dispositions, reorganizations and repatriations; migrating intellectual property to tax-favored jurisdictions; transfer pricing; foreign currency gains/losses; dual consolidated losses; and FTC/OFL planning.
Eversheds Sutherland advises Phoenix Equity Partners in multi-million pound acquisition of Forest Holidays
Eversheds Sutherland advises Phoenix Equity Partners in multi-million pound acquisition of Forest Holidays
Eversheds Sutherland has advised leading UK mid-market private equity firm Phoenix Equity Partners (Phoenix) on its acquisition of Forest Holidays Group Limited (Forest Holidays), owner and operator of secluded eco-cabins and treehouses on nine sites across Britain’s National Forests.
Phoenix has acquired a controlling stake in Forest Holidays alongside existing shareholders LDC and The Forestry Commission.
CMS has provided on a Polish hotel investment project in the UK
CMS has provided advice to Bank Gospodarstwa Krajowego in relation to financing the construction of a Courtyard by Marriott hotel in Edinburgh co - owned by the Polish family company Polcom Group. The value of the project is GBP 14 million.
Baker McKenzie acts on A$60m accelerated renounceable entitlement offer by Centuria Property Funds Limited
Baker McKenzie advised UBS AG, Australia Branch and Moelis Australia Advisory Pty Ltd as joint lead managers and underwriters of the A$60 million accelerated renounceable entitlement offer by Centuria Property Funds Limited (in its capacity as Responsible Entity of the Centuria Metropolitan REIT).
Dentons represents BIIR in connection to property raid in Odesa
Kyiv—Dentons is representing Bojer Innovativ Ingeniør Rådgivning (BIIR), a leading engineering consulting company in Aarhus, Denmark, in connection with the raid of the client’s property in Odessa, Ukraine. BIIR is a foreign investor, which currently employs more than 100 professionals in Odessa and aims to grow to 500 within the next few years.
In spring 2017, BIIR acquired a property in Odessa for US$400,000 for the construction of a new office. In summer 2017, the building was seized as a result of a claim by the former owners.