News:

Waselius & Wist represented the Senior Lenders in the Finnish law aspects of the financing of the acquisition of an office campus in Oslo by a joint venture of Technopolis Plc, a real estate investment company listed on HSE, and IT Fornebu Properties AS.

Value: NOK 1.8 billion (EUR 220 million)

For more information please contact Mr. Lauri Peltola or Ms. Maria Pajuniemi.

Waselius & Wist advised Hemsö Fastighets AB on the structuring of the acquisition of Turku University of Applied Sciences from Nordisk Renting Oy. The acquisition was Hemsö Fastighets AB’s first real estate investment into the Finnish market.

Value: EUR 35,000,000

For more information, please contact Mr. Niklas Thibblin.

Waselius & Wist represented the Arranger, Barclays Capital, and the Dealers, Barclays Capital, Danske Bank, Handelsbanken, ING Bank, Nordea Bank and Pohjola Bank plc in Fingrid Oyj’s EMTN Debt Issuance Programme of 2014.

Value: EUR 1,500,000,000

For more information, please contact Mr. Lauri Peltola or Mr. Timo Lehtimäki.

Waselius & Wist represented the syndicate of banks led by Rabobank, ING and BNP Paribas Fortis in the Finnish law aspects of the financing of the acquisition of Campbell Soup Company’s European simple meals business by CVC Capital Partners.

For more information please contact Mr. Lauri Peltola or Ms. Maria Pajuniemi.

Waselius & Wist advised Rockwood Holdings, Inc., a leading global specialty chemicals company, in Finnish law aspects relating to the sale of its titanium dioxide pigments and four other non-strategic businesses, including its Finnish subsidiary Sachtleben Pigments Oy, to Huntsman Corporation, a global specialty chemical company.

Value: Enterprise value USD 1,325,000,000

For more information, please contact Ms. Tarja Wist.

 

Waselius & Wist represented Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, in the Finnish law aspects of the acquisition of Renesas Mobile Europe Oy and other 4th generation wireless LTE modem business from Renesas Electronics Corporation and its wholly-owned subsidiary Renesas Mobile Corporation.

Value: USD 164,000,000

For more information, please contact Ms. Tarja Wist.

Waselius & Wist represents ContiTech Conveyor Belt Group of Continental AG in the acquisition by ContiTech Conveyor Belt Group and Lutze Group of parts of Metso Plc’s industrial rubber conveyor belt manufacturing and related sales and services operations in Northern Europe.

Value: Undisclosed.

For more information, please contact Mr. Mikko Eerola.

Waselius & Wist advised E.ON in the sale by E.ON to Kajaso Oy of its 50,5 % holding in E.ON Kainuu Oy, and 100 % holdings in Karhu Voima Oy and E.ON Suomi Oy.

Value: Enterprise value some EUR 220,000,000

For more information please contact Mr. Lauri Peltola and Mr. Mikko Eerola.

Waselius & Wist advised sellers in the acquisition by Terveystalo of Hoffmanco International Oy, a company providing work ability management services and solutions.

Value: Undisclosed.

For more information, please contact Mr. Mikko Eerola.

Waselius & Wist represented the Arranger in the Finnish law aspects of the financing of the EUR 1.7 billion acquisition by Nokia Corporation of Siemens’ 50% stake in Nokia Siemens Networks, a joint venture between Nokia and Siemens. The purchase price is comprised of EUR 1.2 billion bank loan financed cash consideration and EUR 0.5 billion in the form of a secured loan from Siemens.

Value: EUR 1,200,000,000

For more information please contact Mr. Lauri Peltola or Mr. Timo Lehtimäki.