|AZB & Partners represented Geodis SA as India counsel in its acquisition of the global logistics operations of IBM Corp, which included a transfer of assets and workforce. The transaction was implemented through a master asset purchase agreement governing the global transaction, and local transfer agreements in each jurisdiction. Sai Krishna Bharathan acted as lead partner.
Khaitan & Co advised Novavax Inc in relation to their joint venture with Cadila Pharmaceuticals for the licensing, manufacture and sale of various pharmaceutical preparations and vaccines in and outside India. The companies will form an 80-20 joint venture in India to which they will contribute licenses for the development and manufacture of certain products.
KhattarWong advised the Economic Development Board in relation to a S$300 million term loan granted by the EDB to Micron Technology Inc. Managing partner Tan Chong Huat led the team of advisors to the client on this transaction.
Pinsent Masons has advised Veolia Transport China Ltd on a 50-50 partnership with Wharf Transport Investments Ltd to operate Hong Kong Tramways Ltd. Partner Peter Bullock led the collaborating team advising on due diligence and Hong Kong aspects of the transaction.
WongPartnership LLP acted for UOL Development Ltd and UOL Group Ltd in the S$239.15 million syndicated secured financing comprising of a transferable term loan facility and a banker’s guarantee facility for the enbloc acquisition and development of a residential development straddling two separate pieces of property. Partners Susan Wong and Monica Yip led the transaction.
WongPartnership LLP acted as Singapore counsel to the lenders in relation to the 850 million Swiss francs facilities granted by a syndicate of banks to certain Gate Gourmet entities. The facilities granted refinanced, inter alia, the incorporation of a Singapore entity, Gate Gourmet Singapore Pte Ltd and financed, inter alia, the acquisition of the deSter Holding BV group. Partner Christy Lim led the transaction.