Wolf Theiss and Linklaters Frankfurt have advised Erste Group Bank AG on the issue of EUR 500 million Additional Tier 1 Notes. Rautner Attorneys at Law reportedly advised Joint Lead Managers BAML, Barclays, Erste, Goldmans, and UBS.
Wolf Theiss has signed the Beijing Declaration to cooperate with China's Belt & Road Connection think tank to support Chinese Investments in Austria and its CEE/SEE neighbours. The Belt & Road declaration was signed on April 25, 2019 and describes the cooperation principles regarding infrastructure investment and dispute settlements. It coordinates Chinese investments along the Belt & Road from Poland to Ukraine and Albania.
Bulgaria, it seems, is in good shape. Fueled by a buoyant tech sector, the country’s economy is registering impressive growth, incomes are rising, and unemployment is down. Still, with corruption still a problem and the prospect of a global slowdown around the corner, few are willing to bet on the good times sticking around long. As always, in the Land of Roses, the thorns are not far away.
Wolf Theiss has advised Japan's Takeda Group on its April 3, 2019 acquisition of plasma donation center Plasmapunk Favoriten and Donaustadt.
Wolf Theiss has advised Volksbank Wien AG on its March 4, 2019 placement of EUR 500 million covered bonds and the April 9, 2019 EUR 200 million additional tier 1 notes.
In recent years, a principal aim of Hungary’s energy strategy has been to make the country self-sufficient in electric energy. In figures, this means reducing the import to 0% within ten years – as the country’s current dependency on import of approximately 30% is significantly above the EU average. The increasing price of gas and the decreasing price of electricity led to a decrease in the domestic production of natural gas, so the Hungarian energy policy had to turn to alternatives.
Greenberg Traurig has represented Cromwell European Real Estate Investment Trust, acting through its subsidiaries, on the acquisition of 16 predominantly freehold office properties in Poland, the Netherlands, and Finland. The sellers, reportedly represented by White & Case in London and Finland and Wolf Theiss in Warsaw, were entities related to Goldman Sachs. Allen & Overy reportedly acted as a legal counsel to the financing banks.
CMS Kyiv has advised international real estate investment fund Meyer Bergman on Ukrainian and English law aspects of its sale of the Aladdin Shopping Mall in Kyiv to Ukrainian Commercial Property Investment Holding, part of Dragon Capital. Aequo advised the sellers on the deal, while Wolf Theiss advised Sompo International on its provision of M&A warranty and indemnity insurance for the acquisition.