Orrick has advised leading AI chipmaker Graphcore in its $200 million Series D funding round, bringing its post-money valuation to $1.7 billion. The latest company in Europe to achieve “unicorn” status (a valuation over $1 billion), UK-based Graphcore has built a completely new kind of processor and software for AI and machine intelligence. The round […]
Kirkland & Ellis International LLP acted as legal counsel and Houlihan Lokey as exclusive financial advisor to the Jack Wolfskin shareholders. THM Partners advised and provided a director to the Jack Wolfskin Group. Latham & Watkins LLP acted as legal counsel and JP Morgan Securities LLC acted as exclusive financial advisor to Callaway. Jack Wolfskin’s […]
White & Case LLP advised Deutsche Telekom (DT) before the European Commission (EC), which has unconditionally approved the acquisition of Tele2 NL by DT subsidiary T-Mobile Netherlands. The expanded company will have an anticipated annual revenue in excess of €2 billion, with around 4.3 million mobile post-paid subscribers. The clearance decision follows an in-depth Phase […]
Sidley advised Gilde Buy Out Partners on the deal Gilde Buy Out Partners executed the acquisition of Gundlach Automotive Corporation (“GAC” or the “Group”) together with management from companies controlled by Pon Holdings B.V. (“Pon”). The terms of the agreement have not been disclosed. GAC is a leading aftermarket distributor of tires, rims, completely fitted […]
White & Case LLP has advised multiple Joint Lead Managers on a €1 billion bond issue by OMV Aktiengesellschaft. The Joint Lead Managers were Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank, DZ BANK Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, Raiffeisen Bank International AG and SMBC Nikko Capital Markets Limited. OMV AG explores and […]
Shearman & Sterling advised Silverfleet Capital and their portfolio company 7days on the financing of the add-on acquisition of Praxis Herning A/S, a Danish supplier of specialist workwear. Managing Directors Jesper Rasmussen and Søren Wortmann, who are the majority shareholders of Praxis, will continue to manage the business and are acquiring an interest in 7days […]
Heuking Kühn Lüer Wojtek, Cohausz & Florack and Budde Schou A/S advised on the Patent Dispute In its January 8, 2019 ruling, the Federal Court of Justice granted the lawyers’ motions and ruled that the German part of patent EP 1 070 223 B1, held by Danish company EnerDry A/S, is legally valid. The action […]
Orrick has advised nonprofit impact investing firm, Calvert Impact Capital on the transaction Calvert Impact Capital executed its investment in ADM Capital’s $178 million Asia Secured Lending Facility. ADM is a Hong Kong and London-based private credit investment manager. The company plans to use the additional capital to make bilateral, direct loans to small and […]
White & Case LLP has advised CTP, a leading commercial real estate developer and manager of business parks in Central & Eastern Europe, on the €450 million sale of a Czech logistics portfolio to Deka Immobilien, the largest German institutional investor. The portfolio consists of 36 A-Class buildings in prime locations in West Bohemia and […]
Davis Polk advised the dealer managers in connection with a cash tender offer by Koninklijke Ahold Delhaize N.V. for up to $350 million principal amount of its 5.70% senior notes due 2040. J.P. Morgan Securities LLC and Merrill Lynch International are acted as the dealer managers on the offering. Headquartered in Zaandam, The Netherlands, Ahold […]
White & Case LLP has advised Amigo Holdings PLC (Amigo), the leading company in the UK guarantor loan space, on the completion of its inaugural £150 million securitisation facility. The facility will be used to fund new customer originations and repay drawings under the company’s existing revolving credit facility, as Amigo continues to expand in […]
White & Case LLP has advised Consus Real Estate AG (Consus), a leading listed German real estate developer, on the acquisition of a majority stake in SSN Group AG (SSN). Consus will acquire a majority 93.4 percent stake in SSN from its two former sole shareholders. As part of the transaction, Consus will also acquire […]
