Assisting Mondelēz International, a global snack company headquartered in Chicago, in relation to the Cypriot subsidiaries of the Chipita Group and on the integration steps following the acquisition of Chipita S.A, with a deal value of USD$ 2 billion. Chipita S.A. is a high-growth key player in the Central and Eastern European croissants and baked snacks category, which cultivates its products in 13 factories and distributes to more than 50 countries.
Acting for ROS Agro plc (ROS Agro), a Cypriot company with global depositary receipts (GDRs) admitted to the London Stock Exchange and Moscow Stock Exchange, and its shareholder Granada Capital CY Limited (Granada) on Cypriot law matters pertaining to a secondary public offering by Granada of 19,800,000 GDRs, representing 14.7 per cent of ROS Agro’s issued share capital. The GDRs were sold at a price of USD 13.88 per GDR raising gross proceeds of approximately USD 275 million for Granada. ROS Agro is the holding company of Rusagro Group, a leading Russian diversified agricultural holding with vertically integrated operations in the agriculture, meat, sugar and oil and fat markets. Granada is an investment vehicle controlled by the founder of the Rusagro Group, Mr. Vadim Moshkovich, who continues to serve as the Chairman of the Board of ROS Agro,. J.P. Morgan, UBS and VTB Capital acted as Joint Global Coordinators and Joint Bookrunners and Gazprombank acted as Joint Bookrunner on the deal.
Advising Puma Brandenburg Investments Ltd, an investment company majority-owned by Howard Shore, for the commercialisation of the molecular biology-based solutions being developed by Ador Diagnostics S.r.l (Ador) through the Cypriot joint venture vehicle Ador Diagnostics Ltd. Ador is a joint venture of BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems with Gamida for Life B.V.
Advising China Merchants Port Group Co., Ltd. (formerly known as Shenzhen Chiwan Wharf Holdings Limited), a China based port services company and, a PRC-listed company (CWH) in connection with Thesar Maritime Limited (the holding company of a private terminal at the port of Lomé by concession agreement) and the internal reorganisation involving China Merchants Port Holdings Company Limited, a Hong Kong-listed company with stock code 144 (CMP) whose ultimate holding company is China Merchants Group Limited. Pursuant to the re-organisation, CWH became a controlling shareholder of CMP.
Advising Morgan Stanley Private Equity Asia, as to matters of Cypriot law in its investment in obtaining the majority ownership of the leading Greek natural cosmetics producer Korres. Morgan Stanley and Chinese company Profex have agreed to acquire majority share in leading Greek natural cosmetics producer Korres for €48.3 million (US$58 million). The transaction was made through Cyprus-based company Nissos Holdings, founded by Korres.
Advising Sekyra Group, a leading property development company in Czech Republic, in connection with its joint venture with Penta Investments Group, and Kaprain Investments Group for the development of the Dejvice Center in Prague.
Acting for and providing advice on Cypriot law matters to The Brink’s Company in connection to its acquisition of the majority of G4S plc’s cash operations for US$860 million.
Acting for Agri Europe Cyprus (AEC) in its recent restructuring through a scheme of arrangement.
Advising Transmashholding on Cypriot corporate matters.
Advising on the Cyprus law regulatory and tax aspects of the placing and sale of global depository receipts representing interests in class A shares in TCS Group Holding PLC (the parent company of Tinkoff Bank) by Altoville Holdings Limited, the joint-controlling shareholder of Russian consumer lender TCS Group, to raise US$150 million.
Advising Etalon Group PLC on its secondary public offering of ordinary shares, including in the form of global depositary receipts (GDRs) listed on the London Stock Exchange and the Moscow Exchange. The offering consisted of an offering of rights to subscribe for new ordinary shares, including in the form of GDRs, to existing holders of the company’s equity securities, followed by a marketed offering to institutional investors of ordinary shares not taken up during the rights offering in the form of GDRs.