Dechert Advises Wells Fargo on Deal with GE Capital Real Estate

Monday, April 13, 2015

Leading international law firm Dechert LLP advised Wells Fargo in relation to its agreement to purchase commercial real estate loans valued at US$9 billion in the United States, UK and Canada from GE Capital Real Estate as part of an overall transaction valued at approximately US$23 billion. Wells Fargo purchased performing first mortgage loans, and private equity firm Blackstone acquired US and European equity assets as well as first mortgage loans in Mexico, Australia and the US, with Wells Fargo providing financing for certain of Blackstone’s acquisitions. More >>

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Mayer Brown strengthens Corporate & Securities practice with addition of Arnaud Pérès and Jean-François Louit as partners in Paris

Thursday, March 26, 2015

Mayer Brown announced today that Messrs. Arnaud Pérès and Jean-François Louit will join the firm as partners in the Corporate & Securities practice in Paris.

Arnaud Pérès, who was previously a partner at Davis Polk, has extensive experience in public and private M&A, equity capital markets and complex cross-border restructurings. He has been involved in some of the highest profile transactions in the Paris market. More >>

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Orrick Advises Ubisoft Entertainment in €200M German Private Placement

Tuesday, March 17, 2015

An Orrick team from Paris and Düsseldorf recently advised Ubisoft Entertainment in its successful placement of a €200 million “Schuldschein” loan, in a private placement governed by German law. Ubisoft is a leading creator, publisher and distributor of interactive entertainment and services with a portfolio of world-renowned brands, including the popular Assassin’s Creed series of games More >>

Tags:  Orrick, Herrington & Sutcliffe LLP | Düsseldorf | Paris

Willkie Represents Lenders and Anchor Investors in Vivarte’s €2.5 Billion Restructuring

Monday, March 16, 2015

Deal marks the largest-ever fully consensual lender-led restructuring in France

Willkie represented members of the ad hoc lender committee and anchor investors as part of the financial restructuring of the French fashion retailer Vivarte, marking the largest-ever fully consensual French restructuring. The restructuring involved a debt for equity swap/write off of €2 billion and a €500 million infusion of new money. More >>

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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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