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Baker McKenzie and its Turkish arm, the Esin Attorney Partnership, have advised Akbank T.A.S., one of Turkey's largest banks, on the offering of USD 500 million Basel III compliant Tier 2 Notes under Akbank's USD 3.5 billion Global Medium Term Note Program. This represents the first Tier 2 Notes issue in Turkey this year. The Notes have a fixed term of 10 years and an early call option at year 5.

Njord has won a public tender organized by the Tallinn University of Technology to provide "high-level training of 30 selected inspectors of the Labor Inspectorate and heads of the Labor Dispute Committee in Estonia regarding occupational and health regulations, labor relations, and labor disputes."

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.

Varul, the Estonian member of Tark Grunte Sutkiene, has advised the shareholders and management of Citypark Eesti, one of the largest parking services providers in Estonia, on the sale of 100% of its shares to Stova, a member of Lithuania's Modus Group. Cobalt advised Stova on the deal. Financial terms were not disclosed.

Linklaters has advised VTB Capital, Renaissance Capital, and CLSA Ltd. as placing and settlement agents on the sale by Onexim Holdings Ltd of an approximately 3% stake in UC Rusal. Herbert Smith Freehills advised Onexim Holdings on the deal.

Kinstellar has successfully advised Deutsche EuroShop AG on its EUR 374 million acquisition of Olympia Shopping Center in Brno from a joint venture of ECE Real Estate Partners and Rockspring Property Investment Managers LLP. White & Case advised the sellers on the transaction, which is expected to be finalized within the first half of 2017, and which represents Deutsche EuroShop's entry into the Czech market.

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