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 […]

Li & Fung Limited’s $2 Billion Medium Term Note and Perpetual Securities Programme

Appleby also acted as Bermuda counsel to Li & Fung Limited Li & Fung Limited, an investment holding company, engages in the design, development, sourcing, and logistics of consumer goods for various retailers and brands worldwide. Li & Fung has carried out a drawdown under the Programme to offer and issue Drawdown Instruments in an […]

CD Capital Natural Resources Fund III’s $355 Million Fund Raising

Kirkland & Ellis has advised CD Capital, a London-based specialist natural resources and mining private equity manager, which recently closed CD Capital Natural Resources Fund III. The fund was closed with aggregate capital commitments of US$355 million. The fund, which will make investments in global natural resources and mining companies and projects, accepted commitments from […]

Bendigo and Adelaide Bank’s strategic partnership with Equity Trustees

Allens has advised Bendigo and Adelaide Bank on a strategic partnership with Equity Trustees involving the sale of its Estates business. The strategic partnership also includes a five-year referral arrangement through which Equity Trustees will provide estate planning, management and administration support for Bendigo and Adelaide Bank customers throughout Australia. Bendigo’s Estates business is currently […]