China National Building Material Group’s HK$136 million acquisition of 8.64% interest in China Glass Holdings

Slaughter and May, Hong Kong, has advised Triumph Technology, a wholly-owned subsidiary of China National Building Material Group Corporation (CNBM Group), on its acquisition of a further 8.64% interest in China Glass from Pilkington Group Limited for a consideration of approximately HK$136 million (US$17.52 million). As a result of the acquisition, Triumph Technology holds approximately […]

Mitsui & Co., Ltd. acquires minority stake in Global Ecommerce Indonesia

Ashurst has advised Japanese trading house Mitsui & Co., Ltd. on its acquisition of a minority stake in Global Ecommerce Indonesia (GEI) over a 12-month period. This is part of US$100 million equity financing raised for GEI, led by Mitsui with participation from undisclosed new and existing investors, where Mitsui will purchase a stake of […]

GPT Wholesale Office Fund’s A$284 million acquisition of one-third interest in One One One Eagle Street, Brisbane

GPT Wholesale Office Fund (GWOF) has acquired a one-third interest in One One One Eagle Street, Brisbane, Queensland from a wholly owned subsidiary of the Abu Dhabi Investment Authority for A$284 million. The acquisition is Queensland’s largest commercial property transaction for 2016, making GWOF a two-thirds owner of one of Brisbane’s most iconic premium-grade buildings, […]

Bright Oceans Corporation’s acquisition of StemCells, Inc.’s human neural stem cell technology platform

Ropes & Gray advised StemCells, Inc., a California based developer of stem cell based therapeutic technologies, on the sale of its proprietary human neural stem cell technology platform to BOCO Silicon Valley, an affiliate of Bright Oceans Corporation, a China-based conglomerate. The transaction was structured as an asset sale and was consummated in connection with […]

First Pacific Company Limited’s $200 million credit facility

Conyers Dill & Pearman provided Bermuda and BVI law advice to First Pacific Company Limited (the “Company”) in connection with its US$200 million facility agreement relating to a term loan of up to US$200 million made between (i) FP Treasury (2016) Limited (the “Borrower”), (ii) First Pacific Company Limited (the “Guarantor”), and (iii) Bank of […]

Victoria PLC’s $34 Million Acquisition of Dunlop Flooring

Clayton Utz has advised UK-based floor coverings manufacturer Victoria PLC on its proposed A$34million acquisition of Australian underlay and hard wood flooring manufacturer Dunlop Flooring, from Pacific Brands Limited. The transaction was announced to the market on 15 December. This is the latest strategic acquisition by Victoria PLC of an Australian based business, with the […]

ZincFive acquires PowerGenix Systems for $65 Million

Cooley advised ZincFive (formerly EnSite Power) on its acquisition of PowerGenix Systems, resulting in a combined business valued at $65 million. ZincFive, based in Wilsonville, Oregon, is a leading manufacturer of patent protected nickel-zinc batteries, associated battery management systems and uninterruptible power supplies (UPS) – marking a shift in how mission critical applications, such as […]

Tasmania Distillery Pty Ltd.’s sale of the Sullivans Cove whisky business

Arnold Bloch Leibler has acted for a private family group on its acquisition of the Sullivans Cove whisky business from Tasmania Distillery Pty Ltd. Established in 1994, Sullivans Cove whisky is renowned for producing premium, single malt whisky and has been recognised with numerous global awards. The new custodians are a family-operated group led by […]

APN Outdoor Group Limited’s $1.6 Billion merger with oOh!media Limited

Gilbert + Tobin is advising APN Outdoor Group Limited on its multi-billion dollar merger of equals with oOh!media Limited. The merger brings together two significant players in out-of-home and digital advertising in the Australian advertising market, creating an organisation with a pro forma market capitalisation of approximately $1.6 billion. The transaction will be implemented via […]