Schoenherr is representing Cubic (London) Limited and core shareholders including San Gabriel Privatstiftung and T.R. Privatstiftung on the sale of their controlling stake in C-Quadrat Investment AG to the Chinese conglomerate HNA Group (Hong Kong) Co., Limited. C-Quadrat is an independent asset manager listed on the Vienna Stock Exchange.
Wolf Theiss has advised Aachener Grundvermogen on its purchase of a commercial property on St. Stephen's Square in the city center of Vienna from Julius Meinl Versicherungsservice & Leasing Vermogens‐ und Finanzierungsberatung G.m.b.H. DLA Piper Weiss-Tessbach advised the sellers on the deal.
Herbst Kinsky has provided Austrian legal advice to the Hofmann Menu Group on refinancing by an international banking consortium headed by The Governor and Company of the Bank of Ireland and UniCredit Bank AG as Joint Global Coordinators. The transaction volume amounts to EUR 200 million. Latham & Watkins was global counsel to the Hofmannsmenu Group.
Thomas Anderl has been made Partner at Wolf Theiss, where he specializes in Construction law in the firm's Real Estate & Construction practice group.
SCWP Schindhelm has advised Erwin Bernecker and Josef Rainer — the founders of Bernecker + Rainer Industrie-Elektronik Gesellschaft m.b.H. — and two foundations established by Bernecker and Rainer (the Bernecker Privatstiftung and Josef Rainer Privatstiftung, respectively) on the sale of their shares in the company to the ABB group.
Wolf Theiss has advised McArthurGlen, a developer, owner, and operator of designer outlet centers in Europe and Canada, on matters relating to the expansion of its center in Parndorf.
Schoenherr has advised Austrian Raiffeisen Bank International AG (RBI) on its merger with unlisted Raiffeisen Zentralbank Oesterreich AG (RZB). RZB was advised by bpv Hugel.
SCWP Schindhelm has advised the Wopfinger Group on the acquisition by group member Baumit Beteiligungen GmbH of 100% of the shares in w&p Baustoffe GmbH from Wietersdorfer Group. Closing of the deal remains contingent on the authorization of Austria's Federal Competition Authority. The Wietersdorfer Group's team was led by in-house lawyers Bruno Nagele and Daniel Schutzenauer.
DLA Piper is providing pro bono support to the Austrian breast health foundation, which focuses on independent breast cancer research.
“Austria has not had any significant legal developments for the last 12 months, beyond the general implementation of EU measures and legislation that affect all member states and some Austrian legislative initiatives, for example in the area of supporting start-ups,” says Christoph Moser of Austria’s Weber & Co. Rechtsanwaelte. “But what the legal profession is really talking about is whether the profession is about to change in the future in terms of digitalization and artificial intelligence.”
CHSH and Balcioglu Selcuk Akman Keki Avukatlik Ortakligi have advised OMV in connection with the sale of all of 100% of its shares in Turkish mineral oil distribution company OMV Petrol Ofisi AS to Vitol Group. Kolcioglu Demirkan Kocakli worked with Hengeler Mueller in advising the Vitol Group, which was selected as purchaser by OMV after a competitive auction process, on the sale. The total purchase price of the transaction amounts to EUR 1.368 million, and closing is expected to occur in the third quarter of 2017, subject to conditions including the relevant regulatory approvals.