Dorda has advised Warburg-HIHInvest Real Estate on the sale of a multi-story office building in the Summering part of Vienna to a real estate fund managed by Luxembourg-based Blue Colibri Capital. Reidlinger Schatzmann reportedly advised the buyers.
Dechert and BPV Huegel have advised Valneva Austria GmbH, Vienna, on debt financing it received from the US-based Deerfield and OrbiMed healthcare funds. Dorda advised the lenders.
Binder Groesswang has advised Austrian risk and insurance manager GrECo and its majority owners, the Neubrand family, on the buy-back of GrECo shares from former British partner JLT. Schoenherr advised the sellers on the deal.
Contributed by Graf Patsch Taucher, member of PONTES
Herbst Kinsky has advised Earlybird Venture Capital as lead investor on its investment into Mostly AI Solutions MP GmbH. Mostly AI was advised by Act Legal.
DLA Piper has advised PORR AG on the issuance of EUR 150 million hybrid bond.
Worried about COVID-19? During the outbreak, it is challenging for patients to seek in-person medical care. Self-quarantine is an important tool in managing disease transmission, especially among patients who are vulnerable to the risk of infection. This is where telemedicine becomes essential to ensure that patients have access to medical care and to boost community support. In times of a global public health emergency like the COVID-19 outbreak, healthcare systems should lean on remote medical check-ups, e-prescriptions and postal delivery of medicines in situations of quarantine and to tackle the further spread of the disease. Healthcare systems should expand beyond traditional healthcare tools and leverage existing telehealth tools to direct people to the proper level of healthcare for their medical needs (both to address their medical condition and to screen for COVID-19). Moreover, state administrations should make a historic effort to at least temporarily lift restrictions on telehealth usage (where such exist) to assist in the efforts to reduce patients' exposure to the virus and to ensure public health and safety.
Cerha Hempel has advised CA Immobilien Anlagen AG on its EUR 500 million benchmark bond issuance. Linklaters advised sole global coordinator J.P. Morgan and joint book-runners Erste Group, J.P. Morgan, and Morgan Stanley.
Former Rautner Rechtsanwalte Partner Walter Gapp has joined CMS in Vienna.
Schoenherr has advised Neuraxpharm, a portfolio company of Apax Partners, on the acquisition of Austrian consumer healthcare company Easypharm OTC GmbH. Hochedlinger Luschin Marenzi Kapsch advised the unidentified sellers on the deal, which closed on January 20, 2020.
Brandl & Talos, Willkie Farr & Gallagher, and Germany's Schnittker Moellmann Partners have advised Insight Partners and e.ventures on the EUR 30 million series A investment in Viennese start-up PlanRadar. Grohs Hofer advised PlanRadar.
Schoenherr has advised Austria's HS Timber Group and Blue Minds IF on their February 28, 2020 acquisition of Interfloat Corporation and GMB Glasmanufaktur Brandenburg GmbH. Closing, which remains contingent on regulatory approval, is expected in the first half of 2020.
The Budapest office of Noerr and Austria's Eisenberger & Herzog have advised Austrian packaging company Coveris on its acquisition of Plasztik-Tranzit Kft, a producer of flexible packaging solutions for the food industry. The unidentified sellers were advised by solo practitioner Tamas Reisz.
Cerha Hempel has advised the EBRD on the conversion of its indirect participation in listed Addiko Bank AG into a direct participation.
Dorda has advised China's Weichai Group on its acquisition of 51% of the VDS Group, an Upper-Austrian transmissions specialist. SCWP Schindhelm advised the sellers on the deal, which remains subject to regulatory approval. The purchase price was not disclosed.
Dorda has advised GalCap on the acquisition of a mixed-use building at Pohlgasee 26 in Vienna-Meidling from UBM and Invester. UBM was advised by solo practitioner Jakob Molzbichler.
Brandl & Talos has advised Ready2order on its EUR 5 million investment round, which was led by Reimann Investors and Speedinvest, which were reportedly advised by Schoenherr and Herbst Kinsky.
CEE is a highly-fragmented market. What sounds like a dull geographical statement actually highlights the main challenge of being a lawyer working in a regional CEE law firm.