Simpson Thacher is advising KKR on a high yield bond offering to finance a portion of its acquisition of Unilever’s global Spreads business. Sigma Holdco B.V., a KKR special purpose vehicle, has completed a Rule 144A and Regulation S offering of $525 million aggregate principal amount of its 7.875% Senior Notes due 2026 and €685 […]
Linklaters advised the lenders on the £68.4 million holdco financing of the operational Brockloch Rig and Crystal Rig III onshore wind farms in Scotland. The Fred. Olsen Renewables group, who originally indirectly owned 100% of both wind farms, sold a 49% indirect stake in both wind farms to Aviva Investors’ infrastructure platform shortly prior to […]
Linklaters has advised EQT Real Estate I fund in the acquisition of the property Hönsfodret 1 on the island Södermalm (Stockholm) by way of a share transfer from an affiliate of the Swedish insurance company Folksam. The underlying property value amounts to approx. SEK 345 million (EUR 33 m) before adjustment for latent capital gain […]
Clifford Chance has advised private equity firm 3i on its investment in Royal Sanders, a leading European private label and contract manufacturing producer of personal care products with plants in the Netherlands (Vlijmen) and in the UK (Preston). 3i is investing alongside management to drive the company’s international growth strategy. The business is being purchased […]
Orrick advised European investment company Gimv on the acquisition of a 75% stake in Laser 2000 GmbH, a European market leader in photonics solutions. Through this acquisition, Gimv invests into a technology spanning over all major sectors, including areas such as Industry 4.0, autonomous driving, diagnostics and broadband networks. Gimv is a European investment company, […]
Ropes & Gray has advised Epiris, the UK-based private equity group on its acquisition of The Club Company, the UK’s leading country club operator, from a company affiliated with Lone Star Funds. The financial terms of the transaction have not been disclosed. The Club Company operates 13 country clubs predominantly located in central and southern […]
Vodafone has agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18.4 billion. This is expected to comprise approximately €10.8 billion of cash consideration paid to Liberty Global and €7.6 billion of acquired existing Liberty debt, subject to completion adjustments. The acquisition accelerates Vodafone’s converged […]
Simpson Thacher represented EQT in connection with the formation and raising of EQT Mid Market Asia III The fund closed with total commitments of US$800 million. EQT Mid Market Asia III will make control or co-control investments in companies primarily in Greater China and Southeast Asia with significant growth and development potential. The Simpson Thacher […]
Simpson Thacher represented United Group B.V. (“United Group”), a KKR portfolio company, in connection with the solicitation of consents from the holders of United Group’s 4.375% Senior Secured Notes due 2022 (the “Notes”) to waive and approve an amendment to certain provisions contained in the Notes, as set forth in the consent solicitation statement dated […]
The terms of the acquisition were approved by the conflicts committee of the Board of Directors of the General Partner of Shell Midstream Partners, which is composed entirely of independent directors. This committee was advised by Tudor Pickering Holt & Co. Advisors LP as to financial matters and Akin Gump Strauss Hauer & Feld LLP […]
Heuking Kühn Lüer Wojtek advised on the deal Domicil Real Estate Group finalized the acquisition of nine building complexes with 210 residential units in Hanover in an asset deal. Quantum Immobilien Kapitalverwaltungsgesellschaft mbH is the seller of the BEECHWOOD portfolio north-east of Hanover city center. The building stock, which was modernized between 2013 and 2016, […]
Slaughter and May is advising Walmart Inc. on the proposed combination between J Sainsbury plc and Asda Group Limited, a wholly-owned subsidiary of Walmart, to create an enlarged business. Following completion of the combination, both entities will retain their current names and will continue to operate both the Asda and Sainsbury brands in the UK. […]
