Eversheds Sutherland has advised the Forewind consortium on the arrangements to swap ownership interests in the four consented Dogger Bank offshore wind projects which, with a total targeted installed capacity of 4.8GW, make up the largest offshore wind development in the world.  These projects, located more than 130km off the Yorkshire Coast, have the potential to provide renewable energy to up to five million UK homes.

Noerr has advised Coface Finanz GmbH on the agreement to continue the factoring with the insolvent company Alno AG. The provisional debtor in possession regards the conclusion of the continuation agreement as essential for preserving the business as a going concern. The provisional trustee had also given his consent to the agreement.

DLA Piper has advised DIC Asset AG in relation to their support of the public takeover offer submitted by TLG Immobilien AG for the shares of WCM Beteiligungs- und Grundbesitz-AG. As one of the largest shareholders, the DIC Asset Group holds about 25.95% of WCM's share capital and has now entered into tender agreements with TLG Immobilien in which it has, subject to certain conditions as well as terminations rights, undertaken to accept the intended public takeover offer of TLG Immobilien by way of an exchange offer.

Hogan Lovells advised Kingdom Holding Company on the swap of 9% of Euro Disney S.C.A (Disneyland Paris) for shares in the Walt Disney Company, while maintaining 1% of its ownership in Euro Disney. The transaction value is estimated at $151M.

Sanofi and Boehringer Ingelheim confirmed closing (in most markets) on 1 January 2017 of a $25 billion transaction involving the exchange of Sanofi’s animal health business and Boehringer Ingelheim’s consumer healthcare business.

Bär & Karrer acted as Swiss legal advisor to Sanofi. The team included Ralph Malacrida, Micha Schilling (both M&A), Mani Reinert (Competition), Markus Wang, and Raffael Nusser (both IP). Weil, Gotshal & Manges LLP acted as global lead counsel to Sanofi.