Deals Archives - Legal Desire Media and Insights https://legaldesire.com/category/deals/ Latest Legal Industry News and Insights Mon, 20 Jan 2025 16:32:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://legaldesire.com/wp-content/uploads/2018/11/cropped-cropped-cropped-favicon-1-32x32.jpg Deals Archives - Legal Desire Media and Insights https://legaldesire.com/category/deals/ 32 32 K&L Gates Advises Perfect Corp. on Acquisition of Wannaby Inc. https://legaldesire.com/kl-gates-advises-perfect-corp-on-acquisition-of-wannaby-inc/ Mon, 20 Jan 2025 16:32:15 +0000 https://legaldesire.com/?p=86328 Global law firm K&L Gates has advised global beauty and fashion technology solutions leader Perfect Corp. in connection with the acquisition of Wannaby Inc., a digital immersive experiences company specializing in virtual try-on technology for luxury brands. The acquisition will enable Perfect Corp. to expand its offerings into new luxury market segments, including shoes, bags, and apparel. […]

The post K&L Gates Advises Perfect Corp. on Acquisition of Wannaby Inc. appeared first on Legal Desire Media and Insights.

]]>
Global law firm K&L Gates has advised global beauty and fashion technology solutions leader Perfect Corp. in connection with the acquisition of Wannaby Inc., a digital immersive experiences company specializing in virtual try-on technology for luxury brands.

The acquisition will enable Perfect Corp. to expand its offerings into new luxury market segments, including shoes, bags, and apparel. The transaction also initiates a cooperative relationship between Perfect Corp. and Farfetch, a global luxury fashion marketplace, which will continue to incorporate Wannaby’s solutions post-acquisition.

The cross-office Corporate deal team was led by Taipei partner Joseph Tseng and managing partner Jacqueline Fu, with support from associates Pearl Kuo (Taipei), Torie Ainsztein (Charlotte), and Anastassia Korin (Boston).

Tseng stated: “We congratulate Perfect Corp. on this milestone achievement and look forward to opportunities to continue to offer support as they evolve their service offerings and accelerate their long-term growth strategy.”

K&L Gates’ Corporate practice is one of the most substantial in the legal industry, with hundreds of lawyers in offices on five continents providing clients with practical legal solutions in the structuring, financing, and completion of domestic, international, and cross-border transactions.

The post K&L Gates Advises Perfect Corp. on Acquisition of Wannaby Inc. appeared first on Legal Desire Media and Insights.

]]>
Freshfields advises IG Group Holdings Plc on the acquisition of Freetrade Limited https://legaldesire.com/freshfields-advises-ig-group-holdings-plc-on-the-acquisition-of-freetrade-limited/ Mon, 20 Jan 2025 16:29:58 +0000 https://legaldesire.com/?p=86326 Global law firm Freshfields is advising IG Group Holdings Plc (IG) on the acquisition of Freetrade Limited, the fast-growing, commission-free, self-directed investment platform, for £160m. The deal was announced on 16 January 2025 and is expected to close in mid-2025 following receipt of regulatory approvals. IG Group provides online trading platforms and educational resources to […]

The post Freshfields advises IG Group Holdings Plc on the acquisition of Freetrade Limited appeared first on Legal Desire Media and Insights.

]]>
Global law firm Freshfields is advising IG Group Holdings Plc (IG) on the acquisition of Freetrade Limited, the fast-growing, commission-free, self-directed investment platform, for £160m.

The deal was announced on 16 January 2025 and is expected to close in mid-2025 following receipt of regulatory approvals. IG Group provides online trading platforms and educational resources to empower ambitious clients around the globe.

The transaction will strengthen IG’s UK trading and investments offering and provide access to new customer segments and capabilities.

The Freshfields team was led by London partners Oliver Lazenby and Rhys Evans, and associate Chloe Watson.

The post Freshfields advises IG Group Holdings Plc on the acquisition of Freetrade Limited appeared first on Legal Desire Media and Insights.

]]>
A&O Shearman advises UniCredit on new dual tranche bond https://legaldesire.com/ao-shearman-advises-unicredit-on-new-dual-tranche-bond/ Mon, 20 Jan 2025 16:25:54 +0000 https://legaldesire.com/?p=86324 A&O Shearman has advised UniCredit in relation to the placement of two Senior Non-Preferred bonds issued in dematerialized form for a total value of EUR2 billion, intended for institutional investors. The two series have the following characteristics: Fixed-to-floating bond with a nominal value of EUR1 billion, maturing in 4.5 years, callable after 3.5 years. The bond […]

The post A&O Shearman advises UniCredit on new dual tranche bond appeared first on Legal Desire Media and Insights.

]]>
A&O Shearman has advised UniCredit in relation to the placement of two Senior Non-Preferred bonds issued in dematerialized form for a total value of EUR2 billion, intended for institutional investors.

The two series have the following characteristics:

  • Fixed-to-floating bond with a nominal value of EUR1 billion, maturing in 4.5 years, callable after 3.5 years. The bond pays an annual fixed coupon of 3.300% until the optional redemption date (July 16, 2028); from that date, if the bond is not called, the coupon will be paid quarterly and determined based on the 3-month Euribor with an initial spread increment of 98 basis points.
  • Fixed-to-floating bond with a nominal value of EUR1 billion, maturing in 8 years, callable after 7 years. The bond pays an annual fixed coupon of 3.800% until the optional redemption date (January 16, 2032); from that date, if the bond is not called, the coupon will be paid quarterly and determined based on the 3-month Euribor with an initial spread increment of 140 basis points.

The bonds are issued under UniCredit’s Euro Medium Term Notes programme and were admitted to listing on the regulated market of the Luxembourg Stock Exchange.

The A&O Shearman team advising UniCredit was led by partners Cristiano Tommasi and Craig Byrne, supported by senior associates Sarah Capella, Elisabetta Rapisarda, and associate Paolo Martellone. Counsel Elia Ferdinando Clarizia assisted on tax-related aspects.

The post A&O Shearman advises UniCredit on new dual tranche bond appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advises Incus Capital on a EUR60 million financing for the acquisition and refurbishment of a Berlin office building https://legaldesire.com/dla-piper-advises-incus-capital-on-a-eur60-million-financing-for-the-acquisition-and-refurbishment-of-a-berlin-office-building/ Mon, 20 Jan 2025 16:24:29 +0000 https://legaldesire.com/?p=86322 DLA Piper has advised Incus Capital, a European investment management firm specialising in real assets and headquartered in Madrid, on the financing of the acquisition and refurbishment of an office building in Berlin, located near the KaDeWe. As part of the transaction, Incus provided a senior tranche of EUR60 million to a pan-European value-add fund […]

The post DLA Piper advises Incus Capital on a EUR60 million financing for the acquisition and refurbishment of a Berlin office building appeared first on Legal Desire Media and Insights.

]]>
DLA Piper has advised Incus Capital, a European investment management firm specialising in real assets and headquartered in Madrid, on the financing of the acquisition and refurbishment of an office building in Berlin, located near the KaDeWe. As part of the transaction, Incus provided a senior tranche of EUR60 million to a pan-European value-add fund managed by an internationally active real estate private equity firm. This transaction marks Incus’s first deal in the German market following the opening of its Frankfurt office in June 2024.

The property offers approximately 10,000 square meters of rental space and is partially leased. The sponsor plans to undertake a comprehensive refurbishment of the building, including sustainable upgrades in line with the highest ESG standards. The modernisation efforts will also include moderate densification to enhance the building’s appeal to prospective tenants. The sponsor is an experienced and leading European value-add asset manager with extensive experience in refurbishing office properties in Germany, particularly in the Berlin market.

In addition to client relationship partner Fabian Mühlen (Real Estate, Frankfurt), the team was led by partner Michaela Sopp and counsel Tobias Daubert (both Finance, Munich/Frankfurt). Also involved were senior associate Muhammet Yavuz (Real Estate, Cologne) and senior transaction specialist Laura Sollacher (Finance, Munich).

The post DLA Piper advises Incus Capital on a EUR60 million financing for the acquisition and refurbishment of a Berlin office building appeared first on Legal Desire Media and Insights.

]]>
DLA Piper advises Fipar-Holding on sale of stake in Eviosys Packaging Maroc https://legaldesire.com/dla-piper-advises-fipar-holding-on-sale-of-stake-in-eviosys-packaging-maroc/ Mon, 20 Jan 2025 16:23:23 +0000 https://legaldesire.com/?p=86320 DLA Piper has advised Fipar-Holding, a long-term investment fund, on the sale of its 20.70% stake in Eviosys Packaging Maroc (formerly Carnaud Maroc) to Eviosys Embalajes España. The transaction will strengthen Eviosys’ presence in Morocco and international markets and is part of the acquisition of the Eviosys Group by Sonoco Products Company, a world leader […]

The post DLA Piper advises Fipar-Holding on sale of stake in Eviosys Packaging Maroc appeared first on Legal Desire Media and Insights.

]]>
DLA Piper has advised Fipar-Holding, a long-term investment fund, on the sale of its 20.70% stake in Eviosys Packaging Maroc (formerly Carnaud Maroc) to Eviosys Embalajes España. The transaction will strengthen Eviosys’ presence in Morocco and international markets and is part of the acquisition of the Eviosys Group by Sonoco Products Company, a world leader in packaging solutions.

Eviosys is a leading global supplier of metal packaging, producing food cans, ends, aerosol cans, metal closures, and promotional packaging for several consumer brands. Fipar-Holding has actively supported the growth and modernisation of Eviosys Packaging Maroc, enabling the company to consolidate its role as leader in metal packaging in Morocco.

A team from DLA Piper’s Casablanca office worked on the transaction led by Christophe Bachelet, partner and Country Managing Partner, DLA Piper Morocco. He was supported by Senior Associate Kenza Belrhiti Alaoui (Corporate).

Christophe Bachelet said: “This transaction marks an important milestone for Eviosys as it positions itself for accelerated growth both domestically and internationally. The sale of the stake leaves Eviosys well-placed to enhance its market presence and leverage new opportunities in the sector.”

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years and two years in Africa and the Middle East, according to Mergermarket, and ranked as a top five most active VC legal advisor in the US and number one in VC, PE and M&A in combined global deal volume according to PitchBook.

The post DLA Piper advises Fipar-Holding on sale of stake in Eviosys Packaging Maroc appeared first on Legal Desire Media and Insights.

]]>
Dentons Link Legal Advises State Bank of India in a transaction involving the financing of two solar power projects proposed to be set up in the state of Maharashtra, India https://legaldesire.com/dentons-link-legal-advises-state-bank-of-india-in-a-transaction-involving-the-financing-of-two-solar-power-projects-proposed-to-be-set-up-in-the-state-of-maharashtra-india/ Mon, 20 Jan 2025 16:21:54 +0000 https://legaldesire.com/?p=86318 Dentons Link Legal acted as the legal advisor to the specialised SME branch of State Bank of India in relation to the financing of two solar power plants of 5.00 MW (AC)/ 6.25 MW(DC) proposed to be set up in Latur district, in the state of Maharashtra, India. Dentons Link Legal assisted in the aforesaid […]

The post Dentons Link Legal Advises State Bank of India in a transaction involving the financing of two solar power projects proposed to be set up in the state of Maharashtra, India appeared first on Legal Desire Media and Insights.

]]>
Dentons Link Legal acted as the legal advisor to the specialised SME branch of State Bank of India in relation to the financing of two solar power plants of 5.00 MW (AC)/ 6.25 MW(DC) proposed to be set up in Latur district, in the state of Maharashtra, India.

Dentons Link Legal assisted in the aforesaid transacting from the preliminary stage till the effective closing of the entire transaction. The transaction was undertaken under the supervision and guidance of Pushkar Bavare (Partner) and the executing team comprised of Milind Gaur (Principal Associate), Ahmad Raza (Associate) and Adarsh Khuntia (Associate).

The post Dentons Link Legal Advises State Bank of India in a transaction involving the financing of two solar power projects proposed to be set up in the state of Maharashtra, India appeared first on Legal Desire Media and Insights.

]]>
Clifford Chance advises Acciona on US$600 million green loan to finance infrastructure projects in Latin America and other emerging markets https://legaldesire.com/clifford-chance-advises-acciona-on-us600-million-green-loan-to-finance-infrastructure-projects-in-latin-america-and-other-emerging-markets/ Mon, 20 Jan 2025 16:20:36 +0000 https://legaldesire.com/?p=86316 Clifford Chance has advised Acciona on the US$600 million green and sustainability-linked loan (SLL). The first tranche of US$380 million comprises a loan from IFC –International Finance Corporation– (US$145 million) with investment by the Dutch development bank FMO (US$95 million) and two other parallel loans from German investment entity DEG, belonging to the German development […]

The post Clifford Chance advises Acciona on US$600 million green loan to finance infrastructure projects in Latin America and other emerging markets appeared first on Legal Desire Media and Insights.

]]>
Clifford Chance has advised Acciona on the US$600 million green and sustainability-linked loan (SLL).

The first tranche of US$380 million comprises a loan from IFC –International Finance Corporation– (US$145 million) with investment by the Dutch development bank FMO (US$95 million) and two other parallel loans from German investment entity DEG, belonging to the German development bank KfW (US$105 million), and from Proparco, which is part of the French Development Agency group (US$130 million).

The loan is aligned with the EU taxonomy and promotes projects such as the São Paulo metro’s Line 6 and several electricity transmission lines to integrate renewable energy into the grid in Peru. These projects aim to decarbonise Peru’s energy sector and transform urban mobility in Brazil.

The team at Clifford Chance was led by Global Financial Markets partner Eugenio Fernández-Rico, with support from associates María González and Marta Ruiz. Senior Counsel Roberto Grau advised on tax matters.

The post Clifford Chance advises Acciona on US$600 million green loan to finance infrastructure projects in Latin America and other emerging markets appeared first on Legal Desire Media and Insights.

]]>
Clifford Chance advises Sanofi on acquisition of exclusive Greater China rights to develop and commercialise aficamten https://legaldesire.com/clifford-chance-advises-sanofi-on-acquisition-of-exclusive-greater-china-rights-to-develop-and-commercialise-aficamten/ Mon, 20 Jan 2025 16:19:48 +0000 https://legaldesire.com/?p=86314 Global law firm Clifford Chance has advised global healthcare company Sanofi on the acquisition of exclusive rights to develop and commercialise aficamten in Greater China from Corxel Pharmaceuticals. Aficamten is a medication discovered and developed globally by Cytokinetics for the treatment of a heart condition called hypertrophic cardiomyopathy (HCM). Aficamten received Breakthrough Therapy Designation for the treatment of […]

The post Clifford Chance advises Sanofi on acquisition of exclusive Greater China rights to develop and commercialise aficamten appeared first on Legal Desire Media and Insights.

]]>
Global law firm Clifford Chance has advised global healthcare company Sanofi on the acquisition of exclusive rights to develop and commercialise aficamten in Greater China from Corxel Pharmaceuticals.

Aficamten is a medication discovered and developed globally by Cytokinetics for the treatment of a heart condition called hypertrophic cardiomyopathy (HCM). Aficamten received Breakthrough Therapy Designation for the treatment of symptomatic obstructive hypertrophic cardiomyopathy (oHCM) from the U.S. Food & Drug Administration (FDA) and The Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA).

In October 2024, the CDE accepted the New Drug Application for aficamten tablets for the treatment of oHCM for Priority Review.”

Lead partner Yang Yi said, “We are proud to have advised Sanofi on this cross-border transaction. This transaction demonstrates again our ability to work seamlessly between our China and overseas offices to deliver quality legal services for clients in the life sciences sector.”

Yi co-led the matter with New York partner Matthew Warner and counsel Daryl Fairbairn in New York. Counsel Bao Fang in Shanghai and other colleagues in China and other offices also provided their support to this deal.

This acquisition builds on Clifford Chance’s long-standing track record of advising on cross-border healthcare transactions in China, including advising CBC Group and Mubadala on the acquisition of UCB’s mature business (neurology and allergy) in China, Keymed Biosciences Inc.’s out-licensing transaction with Belenos Biosciences and Fosun Kairos on license agreement with Kite Pharma.

The post Clifford Chance advises Sanofi on acquisition of exclusive Greater China rights to develop and commercialise aficamten appeared first on Legal Desire Media and Insights.

]]>
Latham Advises VEON in Connection With Proposed De-SPAC Transaction With Cohen Circle https://legaldesire.com/latham-advises-veon-in-connection-with-proposed-de-spac-transaction-with-cohen-circle/ Mon, 20 Jan 2025 16:17:02 +0000 https://legaldesire.com/?p=86312 London corporate team represents global digital operator in the proposed de-SPAC transaction. Latham & Watkins has advised VEON, a global digital operator that provides converged connectivity and digital services to nearly 160 million customers, on the signing of a letter of intent to enter into a business combination with Cohen Circle, with the aim of […]

The post Latham Advises VEON in Connection With Proposed De-SPAC Transaction With Cohen Circle appeared first on Legal Desire Media and Insights.

]]>
London corporate team represents global digital operator in the proposed de-SPAC transaction.

Latham & Watkins has advised VEON, a global digital operator that provides converged connectivity and digital services to nearly 160 million customers, on the signing of a letter of intent to enter into a business combination with Cohen Circle, with the aim of indirectly listing Kyivstar, VEON’s digital operator in Ukraine, on the Nasdaq Stock Market.

Completion of the transaction will make Kyivstar the first purely Ukrainian investment opportunity to be publicly listed on a U.S. stock exchange, enabling U.S. and other international investors to participate more directly in Kyivstar’s growth and the broader recovery of the Ukrainian economy.

The Latham team was led by London corporate partners David Stewart, Nick Cline, and Manoj Tulsiani, with associates Jennifer Cadet, Jason Hyatt, Alexander Fedorkov, and Caroline Koller.

The post Latham Advises VEON in Connection With Proposed De-SPAC Transaction With Cohen Circle appeared first on Legal Desire Media and Insights.

]]>
Latham & Watkins Advises on Citadel Limited Partnership’s Senior Notes Offerings Totaling US$1 Billion https://legaldesire.com/latham-watkins-advises-on-citadel-limited-partnerships-senior-notes-offerings-totaling-us1-billion/ Mon, 20 Jan 2025 16:14:12 +0000 https://legaldesire.com/?p=86310 Capital markets team represents the initial purchasers in the offerings. On January 15, 2025, Citadel Limited Partnership priced offerings of US$500 million 6.000% senior notes due 2030 and US$500 million 6.375% senior notes due 2032. Latham & Watkins LLP represents the initial purchasers in the offerings with a capital markets team led by partners Andrew […]

The post Latham & Watkins Advises on Citadel Limited Partnership’s Senior Notes Offerings Totaling US$1 Billion appeared first on Legal Desire Media and Insights.

]]>
Capital markets team represents the initial purchasers in the offerings.

On January 15, 2025, Citadel Limited Partnership priced offerings of US$500 million 6.000% senior notes due 2030 and US$500 million 6.375% senior notes due 2032.

Latham & Watkins LLP represents the initial purchasers in the offerings with a capital markets team led by partners Andrew Baker and Brittany Ruiz, with associates Alex Gulino and Jessmine Lee. Advice was also provided on tax matters by partner Bryant Lee, with associate Dominick Constantino; and on Investment Company Act matters by partner Laura Ferrell and counsel Joel Cavanaugh, with associate Tim Cummings.

The post Latham & Watkins Advises on Citadel Limited Partnership’s Senior Notes Offerings Totaling US$1 Billion appeared first on Legal Desire Media and Insights.

]]>