Simpson Thacher represented Blackstone in its circa EUR 300 million refinancing of its acquisition of a portfolio of pan-European logistics assets.

The portfolio consists of 93 assets across Belgium, France, Germany and the Netherlands, and was acquired by Blackstone in June 2018 from Marathon Capital. The financing consisted of a senior loan (with Deutsche Bank and Societe Generale) and a mezzanine loan (with Partners Group).

The Simpson Thacher team acting on the refinancing included Tom Lloyd, Luke Murphy and Pamela Rosindale (Real Estate).

Global law firm White & Case LLP has advised BlackRock, Inc., the world's largest asset manager, on its acquisition of the asset management business of Citibanamex, a Mexican subsidiary of Citigroup.

As part of the acquisition, Citibanamex has sold BlackRock its asset management business, which includes local fixed income and equity assets and multi-asset products. Additionally, BlackRock will now offer asset management products to Citibanamex clients in Mexico under a new agreement.

The Paris office of Simmons & Simmons has assisted BlackRock, a leading asset manager, in the development of their activities in France.

A multi-disciplinary team in the firm’s Paris office advised the asset manager throughout the authorisation process as an AIFM, as well as on issues related to the future activities of the new management entity.

Law firm Stephenson Harwood LLP has advised Semperian PPP Investment Partners Group Limited on its acquisition of a 50% stake in the Fife Hospital private finance initiative (PFI) project for £43 million.

Semperian, which acquired the 50% stake from international infrastructure group Balfour Beatty, is a UK-based infrastructure investor, with a diverse portfolio of public private partnership (PPP) investments within the social infrastructure sector.

International law firm Bryan Cave Leighton Paisner (BCLP) has advised longstanding client Chancerygate on their joint venture with Hines.

Chancerygate, one of the UK’s leading industrial property development and asset management companies, has formed the 50-50 partnership to target prime sites across the UK for high-quality urban logistics developments, in order to meet the growing demand for last-mile logistics and owner-occupied units. The partnership has already secured three sites, with an initial £100m earmarked for investment.

A multi-office, cross-border team at global law firm Greenberg Traurig, LLP served as legal counsel to the Investor Group in a $3.1 billion transaction reported as the largest cross-border private equity acquisition in Korea and the third largest cross-border M&A transaction in the country’s history. The multi-practice Greenberg Traurig team included attorneys and professional staff members from not only New York and Seoul, but also from its Berlin, Germany office and from several other offices in the United States, including Washington, D.C., Chicago, and Miami.

Gide has advised Nexity on the implementation of a five-year EUR 2.3 billion syndicated corporate credit facility, expiring in July 2023. This facility comprises a EUR 500 million cash credit line and EUR 1.8 billion in guarantee commitments (engagements par signature, notably including performance bonds and bank guarantees).