Clifford Chance Advised AEW Europe On €820MN Capital Raising For Logistis, Bringing Total Equity To More Than €1.3BN

Tuesday, December 16, 2014

Leading international law firm Clifford Chance advised AEW Europe on a €820mn capital raising for LOGISTIS. This represents the largest equity raising to date for AEW Europe and brings the total equity of LOGISTIS to more than €1.3bn. The new equity has been raised from a number of leading institutional investors from Europe and Asia, including APG and PGGM among others. The capital raised exceeded the original equity target, with the five largest new investors committing in excess of €600mn in aggregate. Existing investors also increased their investment, committing a further €130mn in aggregate. More >>

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Clifford Chance advises Mitsubishi Corporation on its acquisition of Cermaq ASA

Tuesday, November 18, 2014

Leading international law firm Clifford Chance has advised Mitsubishi Corporation on its voluntary cash offer for the entire issued share capital of Cermaq ASA, a multinational fish farming group listed on the Oslo Stock Exchange. The acquisition, which is valued at approximately NOK8,880million (£838million) completed earlier in November. More >>

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Allen & Overy LLP advises Vivendi on the sale of its subsidiary GVT for EUR7.450 billion

Friday, October 31, 2014

The Supervisory Board of Vivendi decided to enter into exclusive negotiations with Telefonica, after having received two binding offers: one from Telefonica and another from Telecom Italia.

The Telefonica offer represents a total enterprise value of EUR7.450 billion. It includes a part in cash (EUR4.663 billion) as well as a part in Telefonica Brasil shares (12%) of which about one third can be exchanged at Vivendi’s discretion for 5.7% of the share capital and 8.3% of the voting rights in Telecom Italia. More >>

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White & Case Advises Bank Syndicate on Numericable Group’s €4.7 Billion Capital Increase

Thursday, October 30, 2014

Global law firm White & Case LLP has advised the syndicate of banks led by Deutsche Bank and Morgan Stanley and including Barclays, BNP Paribas, Credit Agricole Corporate and Investment Bank, Credit Suisse Securities Limited, Goldman Sachs and J.P. Morgan Securities, acting as Joint Lead Managers and Joint Bookrunners, on Numericable Group’s €4.7 billion capital increase. More >>

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Firm Advises Arkema in Proposed €1.74 Billion Acquisition of Bostik

Wednesday, September 24, 2014

It was recently announced that Willkie client Arkema, a global chemical company and France’s leading chemicals producer, has proposed to acquire Bostik from French oil company Total SA for a total enterprise value of €1.74 billion, representing 11 times the company’s EBITDA. With about 4,900 employees and over 48 locations worldwide, Bostik is one of the world’s leading adhesive makers. More >>

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