Global Legal Chronicle – Global Legal Chronicle

North America Legal Chronicle

GIC Special Investment Pte. Ltd. And Abertis Infraestructuras S.A.’s 70% Acquisition Stake In Red De Carreteras De Occidente S.A.B

October 15, 2019 Ambrogio Visconti

Milbank LLP acted as counsel for GIC Special Investment Pte. Ltd. Milbank LLP acted as counsel for GIC Special Investment Pte. Ltd. (“GIC”) in connection with its joint acquisition with Abertis Infraestructuras, S.A. (“Abertis”) of an approximate 70 percent stake in Red de Carreteras de Occidente S.A.B. de C.V. (“RCO”) from Goldman Sachs Infrastructure Partners […]

Europe Legal Chronicle

Fortum Oyj’s Majority Stake Acquisition In Uniper

October 15, 2019 Paolo Bossi

Hengeler Mueller advised Fortum on acquisition of majority in Uniper. Fortum Oyj has entered into agreements to acquire all Uniper shares held by funds managed by Elliott and Knight Vinke, a total in excess of 20.5%, increasing Fortum’s share in Uniper to more than 70.5%. The purchase price amounts to approx. EUR 2.3 bn. Closing […]

Asia & Pacific Legal Chronicle

Dunzo’s $45 Million Round Funding

October 15, 2019 Michael Patrini

Khaitan & Co advised Lightbox Ventures in relation to Series D investment into Dunzo Digital Private Limited Hyperlocal delivery startup Dunzo has raised $45 million in a fresh round from Lightbox Ventures, Google, 3L Capital, and STIC Investment & STIC Ventures. Dunzo will be deploying the funds to establish itself as the logistics player in […]

Latin America Legal Chronicle

CSHG Real Estate FII’s Acquisition of Edifício Chucri Zaidan

October 15, 2019 Ambrogio Visconti.

Veirano Advogados advised CSHG Real Estate FII in the transaction. CSHG Real Estate FII completed the acquisition of commercial real property Edifício Chucri Zaidan from BR Properties, for an amount of BRL 306,807,831.07. CSHG Real Estate FII is an investment fund managed by Credit Suisse Hedging-Griffo Corretora de Valores S.A. Veirano Advogados team included Partner […]

Africa Legal Chronicle

Impala Platinum Holdings Limited’s Acquisition of North American Palladium

October 11, 2019 Andrea Canobbio

Baker McKenzie advised Impala Platinum Holdings Limited on its acquisition of 100% of the issued and outstanding common shares of North American Palladium for total cash consideration of approximately C$1.0 billion (approx. €684.26 Million). The Transaction was implemented pursuant to a plan of arrangement in Canada according to an arrangement agreement entered into between NAP, […]

Middle East Legal Chronicle

Mizzen’s Joint Venture With Gentle Monster

October 4, 2019 Michael Patrini.

Baker McKenzie Habib Al Mulla advised Mizzen, a wholly owned subsidiary of Seddiqi Holding, on its joint venture with Gentle Monster, the South Korean curated eyewear brand, and the launch of its flagship store in the Middle East. Founded in 2017, Mizzen was established as part of Seddiqi Holding’s growth strategy to diversify beyond its […]

Towards a tech-driven Cold War

June 18, 2019

There might, hypothetically, be a clear winner of the “Fourth Industrial Revolution”. AI systems and 5G technology are surely the revolution’s two key enablers, and the first mover – the first to successfully implement these systems on a large and sophisticated scale – will certainly gain a competitive advantage over others. This is not, however, […]

Record-breaking year for Tour de Law

Private equity is still growing, although the euphoria of 2014 has died down somewhat

On the path of the bond market: is there a bear, a bull…or what else at the end of the road?

Black Cube expose judicial and political corruption in Panama

September 19, 2019

Corruption in Panama is nothing new. The country’s notorious former leader, Manuel Noriega, was convicted by a US court in 1992 of racketeering, drug smuggling, and money laundering. After serving a long US prison sentence, in 2010, he was sentenced in France to a further seven years in prison for money laundering. According to Transparency […]

What’s your poison? Britain’s drug laws go to pot

Lock them up or set them free: Boris and British prisons

London law firms go sky high, but who pays?

The French Anti-Corruption Agency’s Enforcement Committee issues its first decision: First lessons learned…

Daylight Bank Robbery

July 10, 2019

Imagine if you ran a small engineering company and decided to open an account with a bank which you used for several years in ordinary commercial business, only to find that its operations were then terminated. Not only that, but your account was frozen as the bank in question was accused by the US government […]