Hill Dickinson has recently advised AIM-listed client SigmaRoc plc on its acquisition of Poundfield Products (Group) Limited (Poundfield) for £10.25 million.
SigmaRoc is a construction materials group with a buy-and-build investment strategy focusing on acquiring and operating both upstream and downstream heavy construction materials businesses.
Global law firm Norton Rose Fulbright has advised Tages Capital SGR, on the acquisition of 35 photovoltaic plants from Maccaferri Group and other shareholders. The acquisition comprised the entire corporate capital of Finsolar S.r.l., Sicilia Solare S.r.l., FTV Apea S.r.l., Pietrafitta FV S.r.l. and Società Agricola Sintonage a r.l. (the “SPVs”).
The SPVs own a portfolio of 25 ground-mounted photovoltaic plants and ten photovoltaic greenhouses with an overall capacity of 51.2 MWp, which is one of the largest in Italy.
Global law firm Norton Rose Fulbright has advised the lenders, including Crédit Agricole, Société Générale, BNP Paribas, UBI, Siemens Bank and ING Bank, on a €280m limited recourse refinancing of a 106 MW Italian solar portfolio owned by Cubico Sustainable Investments (Cubico), one of the world’s leaders in providing renewable energy across the Americas and Europe. The portfolio comprises Italy’s second largest solar park by energy generating capacity, a 43 MW park located in Cellino San Marco, in the province of Brindisi (Apulia Region).
Slaughter and May is advising a consortium of investors led by Draper Gain Investments Limited on the acquisition of privately owned International Trimmings and Labels Plc, a leading designer, manufacturer and distributor of apparel labelling and identification products and supply chain management solutions with operations in the United Kingdom, Canada, China, India, Sri Lanka, Turkey, Bangladesh, Vietnam, Mexico, North America and South Africa. The transaction, effective as of 31 December 2017, values ITL at $187m on a debt-free, cash-free basis.
Slaughter and May is advising a consortium of investors led by Draper Gain Investments Limited on the acquisition of privately owned International Trimmings and Labels Plc, a leading designer, manufacturer and distributor of apparel labelling and identification products and supply chain management solutions with operations in the United Kingdom, Canada, China, India, Sri Lanka, Turkey, Bangladesh, Vietnam, Mexico, North America and South Africa. The transaction, effective as of 31 December 2017, values ITL at $187m on a debt-free, cash-free basis.
Law firm Stephenson Harwood has advised Bowmark Capital LLP, and the other shareholders of Law Business Research (LBR), on the sale of LBR to Levine Leichtman Capital Partners.
Global law firm White & Case LLP has advised leading Russian food retailer X5 Retail Group on the acquisition of the supermarket business currently operating under the O'KEY brand, one of the largest retail chains in Russia.
Global law firm White & Case LLP has advised Oi S.A., a Brazilian telecommunications company, on its restructuring of more than US$20 billion of debt, the largest-ever debt restructuring in Latin America.
The Firm acted as international counsel, advising Oi with respect to its New York and English law governed bond debt and export credit agreements and with respect to US and English law issues arising in Oi's various judicial insolvency cases, which spanned across Brazil, the United States, the United Kingdom, the Netherlands, Portugal and the Cayman Islands.
Simpson Thacher recently represented ARUHI Corporation in connection with its ¥23.5 billion (approximately US$210 million) global offering of shares, including an offering to institutional investors outside Japan pursuant to Rule 144A and Regulation S under the Securities Act. All of the shares in the international offering were sold by a fund affiliated with The Carlyle Group.
Simpson Thacher is representing musical.ly, a mobile platform for short form video, in connection with its merger into Bytedance, the Chinese online media giant (a/k/a “Toutiao”), at a price close to US$1 billion. After the closing of the transaction, musical.ly, being a wholly owned subsidiary of Bytedance, will continue to operate as an independent platform, integrating Bytedance's AI technology and leveraging its reach in China and key markets across Asia to enhance musical.ly's offering to users, creators and partners.