Global Knafaim advised by Stelios Americanos & Co LLC on acquisition of 49.9% of TUS Airways
Stelios Americanos & Co LLC advised the Israeli group Global Knafaim in a $5 million transaction pursuant to which the later acquired a 49,9% in the share capital of TUS AIRWAYS LTD, a Cypriot airline headquartered in Larnaca. Existing shareholder, Kenneth Woolley also invested an additional $4 million increasing the amount of the total transaction …
Cyprus New Business Attraction Strategy, for High Technology, Shipping, Innovation and R & D
The Government presented the new strategy for attracting skilled workforce and companies in Cyprus on Friday 15 October 2021. This new strategy is mainly focused on high technology, shipping, innovation, and research and development. The new strategy includes a series of incentives concerning residency, taxation, employment and simplification and digitization of the current procedures. The …
Băncilă, Diaconu și Asociații SPRL assisted BlackPeak Capital in the transaction through which the fund invested in Verdino Green Foods
BlackPeak Capital invested in Verdino Green Foods, industry leader in vegetable alternatives to meat products in Central and Eastern Europe. With a range of over 60 food products listed in more than 2,000 grocery stores in Romania, Switzerland, the Netherlands, Spain, North Macedonia, Serbia and the UK, Verdino offers sustainable alternatives to meat products based …
Erdem & Erdem Represented Yıldırım Holding in the Soda Ash Factory to be Established in Kazakhstan
The ground breaking ceremony for the Qazaq Soda factory, which is to be built by Qazaq Soda LLP, a subsidiary of the Yıldırım Group of Companies represented by Erdem & Erdem, was recently maid. Kazakhstan’s first soda ash factory, which will be constructed with a $400 million investment, will meet the country’s domestic needs by …
Morgan & Morgan Legal advised Seven Seas Water and a group of its subsidiaries, in a US$205 million financing, which would be used to refinance a US$163 million credit facility obtained by the company.
Morgan & Morgan Legal represented Seven Seas Water (“Seven Seas”) and a group of its subsidiaries, in a US$205,000,000.00 financing with Deutsche Bank AG and Investec Bank, PLC, as lenders, which would be used to refinance a credit facility obtained by Seven Seas in June 2020, for US$163,000,000.00. Seven Seas is a portfolio of desalination …
Morgan & Morgan Legal advised Mercandú, a startup based in El Salvador, in designing the corporate structure and Seed investment round of US$1,500,000.00 with which it launched its e-commerce website and mobile app that operates a regional digital marketplace offering door to door delivery of over 150,000 products.
Morgan & Morgan Legal acted as Panamanian counsel to Mercandú, a startup based in El Salvador, in designing the corporate structure and Seed investment round of US$1,500,000.00 with which it launched its e-commerce website and mobile app that operates a regional digital marketplace offering door to door delivery of over 150,000 products such as: Technology, …
Morgan & Morgan Legal advised Global Climate Partnership Fund S.A., SICAV-SIF in connection with an unsecured facility agreement
Morgan Legal acted as special Panamanian counsel to Global Climate Partnership Fund S.A., SICAV-SIF (GCPF) in connection with an unsecured facility agreement, dated as of September 24, 2021, by and among Corporación Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI), as borrower, CIFI LATAM, S.A. and CIFI PANAMÁ, S.A., as co-obligors (the “Co-obligors” and together …
Morgan & Morgan Legal advised Cirsa Enterprises S.L.U in connection with the offering of secured notes for an amount of up to €615,000,000
Morgan & Morgan Legal acted as counsel to Cirsa Enterprises S.L.U. in connection with the offering of €615,000,000 aggregate principal amount of 4.500% Secured Notes due 2027, issued by Cirsa Finance International S.à.r.l., and to be guaranteed by the Cirsa Enterprises S.L.U. and, among others, Gaming & Services de Panama, S.A.
AVELLUM advises MHP on investment into Foodz
AVELLUM acted as the legal counsel to its long-standing client MHP in connection with investment into Ukrainian food-tech start-up Foodz. As a result of two rounds of funding, MHP received a minority stake in Foodz.
Aequo Announces Five Partnership Promotions
We are pleased to announce the expansion of our partnership with the appointment of 5 new partners to the firm. Our newly promoted colleagues have a mix of experience across the firm’s key practices including corporate/M&A, dispute resolution, and intellectual property: