Darrois Villey Maillot Brochier advised AccorHotels on the acquisition of 100% of the shares of Fairmont Raffles International. Such shares are currently held byQatar Investment Authority, Kingdom Holding and Omers.
Baker & McKenzie advised MAT Holdings, Inc. on the acquisition of the insolvent Präzisionstechnik Reichenbach. The automotive supplier filed for bankruptcy at the end of August 2013. The insolvency administrator lead the company through significant restructurings and was now able to win MAT Holdings, Inc. as investor.
The acquisition was structured as an asset deal together with the insolvency administrator. The purchase price was not disclosed. Baker & McKenzie advised MAT comprehensively on all contract negotiations.
Hogan Lovells is advising Fluor on its acquisition of Stork for EUR 695 million from Arle Capital Partners. The transaction is expected to close in the first half of 2016.
On 7 December 2015, Belgian bank Crelan and French bank Crédit Mutuel Arkéa entered into an exclusivity agreement in view of the acquisition by the latter of all of Belgian online banking leader Keytrade Bank’s activities, including in Switzerland. The transaction is to be implemented in the course of the first quarter of 2016 and will enable Crédit Mutual Arkéa to continue its expansion in all fields of digital banking.
On December 2, 2015
Ampco-Pittsburgh Corporation entered into a definitive agreement to acquire Akers AB and certain of its affiliated companies (excluding Akers AB’s operations in France and Belgium) from Altor Fund II GP Limited for a purchase price of $80 million.
K&L Gates LLP and Setterwalls Advokatbyra, assisted by local counsels in several jurisdictions, were legal advisors to Ampco-Pittsburgh Corporation.
DLA Piper represented New Signature in connection with its acquisition of Atlanta-based Microsoft Partner InfraScience. The deal, announced December 1, 2015, continued New Signature’s strategic expansion of service offerings for the company’s North American customers. The deal is the fifth in 2015 in which the firm advised New Signature.
Shoosmiths has advised Truworths International ('Truworths') on the acquisition of an 88.9% stake in fashion footwear chain Office Retail Group ('Office').
The deal value is R5.5 billion (£256 million) and marks the South African fashion retailing group's entry in to the UK retail market.
Our Houston office represented Mattress Firm, the nation's largest specialty mattress retailer, in its acquisition of Sleepy's, the second-largest specialty mattress retailer in the US.
For a total purchase price of $780 million, Houston-based Mattress Firm Holding Corp. has agreed to acquire all of the outstanding equity interests in HMK Mattress Holdings LLC, the holding company of Sleepy's and related entities.
King & Wood Mallesons has advised aged care provider, Estia Health on the acquisition of Kennedy Health Care Group.
Kennedy Health Care Group comprises 8 facilities and 959 aged care beds. The acquisition will take Estia’s number of beds to 5,690 across 66 facilities by the end of 2016.
The deal will be funded through a combination of existing debt and the issue of approximately $50 million in Estia shares. The stock component represents a total of 6.3 million shares at $7.54 per share which will be issued to the Kennedy family.
Clyde & Co has advised NMC Health, the UAE's largest healthcare provider, on a US$189 million acquisition of a 51% shareholding in Fakih IVF Group.
This is the second major acquisition in the health care sector this year that Clyde & Co has advised NMC Health on, following the US$160.6 million acquisition of ProVita announced in June this year.