Ashurst is advising Lazard & Co., Limited in relation to the €260 million recommended cash offer for Taliesin Property Fund Limited by Wren Bidco Limited and Canary Bidco Limited (newly formed companies owned by entities advised by affiliates of The Blackstone Group L.P. as part of Blackstone's newly formed pan-European Core+ unit).
Advised by law firm Blake Morgan's corporate team, Hampshire-based Lucketts Group has kicked off its recently-announced expansion trail with the acquisition of Solent Coaches.
This acquisition will see all 19 staff of Solent Coaches taken on by Lucketts, with the intention being to grow the operation significantly.
“At the start of the year we announced our intention to expand geographically and Solent Coaches fits into this plan perfectly,” said Lucketts managing director Tony Lawman.
Burges Salmon has advised Welsh Water Infrastructure, part of the Glas Cymru group, on the acquisition of a food waste anaerobic digestion and composting plant in Cardiff.
The Burges Salmon team was led by corporate partner Jonathan Eves and associate Gregory Nash. Energy sector partner Nick Churchward and senior associate Sam Sandilands led the project due diligence exercise, providing advice across a range of areas including energy, PPP, real estate, planning and construction.
Dentons has advised UniCredit Bank AG, London branch and MUFG as coordinators on a EUR 750 million revolving credit facility provided by a group of 13 banks to MOL Plc, the Hungarian multinational oil and gas company. Société Générale acted as the facility agent.
The new facility has been arranged as a club deal with a group of MOL's relationship banks. It has a tenor of five years (with two one year extension options) and can be drawn in both Euros and US Dollars.
The Dublin office of International legal business DWF has advised US digital media company Irish Studio on the acquisition of six consumer magazines from Norah Casey's publishing house Harmonia.
The Dublin office of international legal business DWF has advised US digital media company Irish Studio on the acquisition of six consumer magazines from Norah Casey's publishing house Harmonia. These titles include Irish Tatler, Irish Tatler Man, U Magazine, FOOD & WINE Magazine, Auto Ireland and Ireland of the Welcomes.
Eversheds Sutherland advises Shell on strategic acquisition in UK domestic gas and electricity market
Eversheds Sutherland has advised The Shell Petroleum Company Limited (Shell) on its agreement to acquire First Utility, a leading independent UK household energy and broadband provider. The deal is subject to regulatory and other approvals and is expected to complete in early 2018.
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) is advising PATRIZIA Immobilien AG ‘Patrizia’ on its acquisition of Rockspring Property Holdings Limited ‘Rockspring’, a UK-headquartered real estate investment manager. The acquisition marks a further step in Patrizia’s desire to become a global provider of European real estate assets, following its recent acquisitions of German asset manager TRIUVA (on which Freshfields also advised) and the global fund of funds provider Sparinvest Property Investors.
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.