18 December 2020
Expert dealmakers predict strong start to M&A in 2021
Herbert Smith Freehills mergers and acquisitions experts Tony Damian and Andrew Rich have revealed their top 10 predictions for the Australian M&A market. Their predictions, which indicate a return to strong market conditions following 2020’s turbulence, are set out below:
18 December 2020
Herbert Smith Freehills advises on the sale of Aegis Correctional Partnership to AMP Capital
Herbert Smith Freehills has advised the Commonwealth Bank of Australia and Bendigo and Adelaide Bank Limited on the sale of their equity interests in Aegis Correctional Partnership Pty Ltd ( Aegis ) to AMP Capital
18 December 2020
Herbert Smith Freehills advises IGO Limited on its A$1.9 billion acquisition of 49% of Tianqi Lithium Energy Australia
Herbert Smith Freehills is proud to have advised IGO Limited ( IGO ) on its proposed A$1.9 billion acquisition of 49% of Tianqi Lithium Energy Australia, a subsidiary of China’s Tianqi Lithium Corporation that holds a 51% interest in the Greenbushes Lithium Mine — the world’s largest hard rock...
15 December 2020
Herbert Smith Freehills advises on refinancing of Canberra Light Rail
Herbert Smith Freehills has advised Canberra Metro and its owners John Holland, Pacific Partnerships (a member of the CIMIC Group), Aberdeen Standard Investments and Mitsubishi Corporation on the A$280 million debt refinancing of the Canberra Light Rail Stage 1 alignment from Gungahlin to Civic...
15 December 2020
Herbert Smith Freehills supports NSW Government in negotiating world-leading health and innovation campus
Herbert Smith Freehills has advised the NSW Department of Premier and Cabinet in its negotiations with the University of Sydney in relation to a framework to facilitate the development of a world-leading health and innovation campus.
11 December 2020
Herbert Smith Freehills has advised Clean Energy Finance Corporation on A$80m equity investment
Herbert Smith Freehills has advised the Clean Energy Finance Corporation ( CEFC ) on its A$80 million equity investment in the Adamantem Capital Fund II ( Fund ), which is the CEFC’s first investment in private equity.
09 December 2020
Herbert Smith Freehills advises thedocyard Limited on its merger with Ansarada NewCo Pty Ltd and its associated A$45 million capital raise
Herbert Smith Freehills is proud to have advised thedocyard Limited, now named Ansarada Group Limited ( Ansarada Group ), on its merger with Ansarada NewCo Pty Ltd ( Ansarada ) together with the associated capital raise, priced at A$1.48 a share, raising A$45 million for a A$131.3 million market...
08 December 2020
Herbert Smith Freehills advises Dalrymple Bay Infrastructure on its successful A$1.286 billion IPO
Herbert Smith Freehills is proud to have advised Dalrymple Bay Infrastructure Limited ( DBI ) on its initial public offering ( IPO ), priced at A$2.57 per stapled security, raising A$1.286 billion.
07 December 2020
Herbert Smith Freehills advises Booktopia Group Limited on its A$43.1 million IPO
Herbert Smith Freehills is proud to have advised Booktopia Group Limited ( Booktopia Group ) on its initial public offering ( IPO ), priced at A$2.30 a share, raising A$43.1 million for a A$315.8 million market capitalisation (at the offer price).
19 January 2021
Herbert Smith Freehills advises senior lenders on US$450m senior financing for the acquisition of an interest in OML 17 onshore Nigeria
Herbert Smith Freehills has advised the senior lenders, including ABSA Bank Limited, African Export-Import Bank and Standard Chartered Bank, on the US$450 million senior financing of the acquisition of an interest in OML 17, a Nigerian onshore asset. The transaction, which concludes an acquisition...
18 January 2021
Herbert Smith Freehills conseille AÉSIO Mutuelle sur la prise à bail avec travaux de son nouveau siège social dans le 8ème arrondissement de Paris
Herbert Smith Freehills a conseillé AÉSIO Mutuelle - groupe mutualiste leader en assurance des personnes, créé en 2020 à la suite de la fusion de ses 3 mutuelles fondatrices ADRÉA, APRÉVA et EOVI-MCD - dans le cadre de la négociation du bail en l’état futur d’achèvement de son nouveau siège social...
15 January 2021
Hiswara Bunjamin & Tandjung advises Dian Swastatika Sentosa on thermal power plants sale in Indonesia
Herbert Smith Freehills’s Indonesian associate firm, Hiswara Bunjamin & Tandjung (HBT) , has advised Indonesian power company PT Dian Swastatika Sentosa (DSS) on the sale of thermal power plants in the country.
15 January 2021
Herbert Smith Freehills advises OneWeb on investments from Softbank and Hughes Network Systems
Leading global law firm Herbert Smith Freehills has advised Bharti Global and the UK Government (through the Secretary of State for Business, Energy and Industrial Strategy) backed OneWeb on investments in OneWeb from SoftBank and Hughes Network bringing OneWeb’s total funding to US$1.4 billion.
13 January 2021
HERBERT SMITH FREEHILLS ADVISES PROLACTAL, A SUBSIDIARY OF ICL, ON STRATEGIC PARTNERSHIP WITH BIOPULVER
Herbert Smith Freehills has advised Prolactal GmbH on a long-term strategic partnership agreement with Biopulver GmbH, pursuant to which Biopulver shall supply Prolactal with a dedicated production line for infant formula ingredients.
11 January 2021
HERBERT SMITH FREEHILLS ADVISES ON ACQUISITION FINANCING FOR EUROPOLES GROUP
Global law firm Herbert Smith Freehills comprehensively advised a banking consortium led by Banco Comercial Português, S.A. and Novo Banco, S.A. on the financing of the acquisition of certain Europoles Group’s European divisions by Metalogalva – Irmãos Silvas S.A., a member of the VigentGroup.
08 January 2021
Herbert Smith Freehills advises Canada Pension Plan Investment Board on its investment in European renewables
Leading global law firm Herbert Smith Freehills has advised Canada Pension Plan Investment Board (CPP Investments) and its U.K.-based platform – Renewable Power Capital Limited (RPC), in support of RPC’s €245 million investment into investment in European Renewables. RPC was launched by CPP...
07 January 2021
Herbert Smith Freehills conseille CNP Assurances, représenté par La Française REM, sur l’acquisition d’un ensemble de bureaux de référence en matière de respect de l’environnement
Herbert Smith Freehills a conseillé CNP Assurances, acteur de référence sur le marché de l’assurance de personnes, représenté par La Française REM, sur l’acquisition d’un actif immobilier de plus de 11 100 m 2 situé au 173 - 175 boulevard Haussmann dans le 8 ème arrondissement de Paris, auprès d’...
24 December 2020
EU and UK reach agreement on their future relationship beyond 31 December 2020 – initial response from Herbert Smith Freehills
Senior Partner James Palmer commented: “The reaching of this agreement is good news and we expect it to come into effect on 1 January 2021. All sorts of people wanted all sorts of different outcomes. That is inevitable. But once the UK committed to Brexit, whatever the rhetoric and negotiating...