Schoenherr has advised Christian Bamberger, SK Capital GmbH, Foxyflo GmbH, Christian Waldheim, and Martin Mrvka on the sale of 100% of shares in Austrian communication-platform-as-a-service companies ATMS, SMS.AT, and WebSMS to Norwegian Link Mobility Holding ASA. AGP Advokater AS and EY Law advised Link Mobiliy on the transaction, which closed on November 16, 2020.
Cerha Hempel has advised CA Immobilien Anlagen on its EUR 350 million placement of a fixed rate senior unsecured green bond (with a maturity of five years and an annual coupon of 1.0%). The Frankfurt office of Linklaters reportedly advised joint global coordinators J.P. Morgan Securities plc and Morgan Stanley & Co International plc and joint bookrunners and joint sustainability structuring agents UniCredit Bank AG and Raiffeisen Bank International AG.
CMS has advised Plastic Omnium on establishing a joint venture with ElringKlinger. In addition, Plastic Omnium acquired ElringKlinger’s Austrian subsidiary — ElringKlinger Fuelcell Systems Austria — for almost EUR 15 million. KPMG Law Germany and KPMG Law Austria Buchberger Ettmayer advised ElringKlinger on the transaction, which remain subject to regulatory approval.
Cerha Hempel’s Vienna office has advised Immofinanz on its successful placement of an unsubordinated, unsecured bonds issue valued at EUR 500 million. Citigroup and J.P. Morgan Securities acted as joint global coordinators and joint bookrunners, while Credit Suisse, Deutsche Bank, Erste Group Bank, and HSBC served as joint bookrunners on the deal. Linklaters’ Frankfurt office reportedly advised the underwriters.
Dorda has advised Ascott on an agreement for serviced residences in the Forum Donaustadt/Vienna Twentytwo development in Vienna's 22nd district with Signa Real Estate and Austria Real Estate. The aparthotel will be marketed under the Citadines Apart’hotel brand and is scheduled to open at the end of 2022. Arnold reportedly advised Signa and ARE on the deal.
On May 12, 2020 after a long-lasting proceeding between the general importer Peugeot Austria and Austrian Peugeot dealer Buechl, the Austrian Cartel Court decided in first instance that Peugeot Austria had abused its market power vis-à-vis Buechl. The dispute revolved around the imposition of contractual conditions by Peugeot which, in the opinion of the court, put dealers at a substantial economic disadvantage. Peugeot Austria has expressed its surprise at the court’s decision and has announced that it will file an appeal.
Brandl & Talos has advised Ring International Holding on its takeover of the Burger King franchise in Norway, Sweden, and Denmark from Umoe Restaurants. Norwegian law firm Bahr advised the seller on the deal. Wikborg | Rein in Norway, Cirio in Sweden, and Bruun & Hjejle in Denmark acted as local advisors to the buyer.