Clifford Chance advises O1 Group on the acquisition of a stake in Austrian CA Immo from UniCredit for EUR295 million

Clifford Chance has advised its longstanding client O1 Group on the acquisition and on the acquisition financing of a 16% stake in Austrian CA Immo from UniCredit. The total value of the transaction is EUR295 million.

The 15,954,891 ordinary shares acquired by O1 Group Limited represent the entire participation currently held by UniCredit in CA Immo and correspond to approximately 16.35% of the outstanding share capital and voting rights of CA Immo. The closing of the acquisition by O1 Group Limited of UniCredit’s shares in CA Immo is subject to the fulfilment of customary conditions precedent, such as merger control clearance, and expected to occur in November 2014.

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Skadden – Lenta Debuts on London and Moscow Stock Exchanges

Skadden represented Credit Suisse, JPMorgan, VTB, Deutsche Bank, UBS and TPG Capital as the joint bookrunners for the $1 billion IPO of Russian hypermarket chain Lenta Ltd., which priced on February 28 and closed on March 5 and 7 on the London and Moscow stock exchanges, respectively. This was the first dual listing of global depositary receipts on the London and Moscow stock exchanges.

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King & Spalding Recruits Finance Partner Maya Melnikas in Moscow

King & Spalding has recruited Maya Melnikas, a well-known figure in the Russian legal market and corporate and banking worlds, as a finance partner in its Moscow office as part of the firm’s continued commitment to develop its international finance offerings. Melnikas joins King & Spalding from White & Case, where she was a partner and co-head of financial restructuring and insolvency in the central and eastern European region.

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White & Case Advises on the Largest Privatisation Transaction Since 2006 and the Largest Public Offering of Local Shares in Russia

Global law firm White & Case LLP acted as the underwriters’ counsel in the initial public offering of ALROSA, the world’s largest diamond company with listing on the Moscow Stock Exchange. The deal is Russia’s largest privatisation transaction since 2006, the largest public offering of local shares in Russia and one of the largest resource sector offerings in recent years. The offering represented a transaction value of RUB41.3 billion roubles (US$1.3 billion).

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Herbert Smith Freehills Advises VTB Capital on a First Regional PPP Project in Russia

Herbert Smith Freehills has advised VTB Capital on a RUB 14 billion concession project related to the construction and operation of the toll-road bridges over the rivers Kama and Bui in the Republic of Udmurtia.  The project, which began in May 2013, will see VTB Capital provide a 15-year RUB 5 billion loan to the regional government for the construction.

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Norton Rose Fulbright Advises Sumitomo Electric on Multinational Joint Venture for the Supply of Volkswagen Russland

An international team of global legal practice Norton Rose Fulbright has advised Sumitomo Electric Bordnetze GmbH, a group company of Sumitomo Electric Industries, on a contractual joint venture with a Belarusian supply business. The joint venture was implemented for purposes of supplying Volkswagen Group Russia with wire harnesses. The project is a major step on enlarging the activities of Sumitomo Electric Bordnetze GmbH on international growth markets.

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