De Brauw advised the underwriting banks on the US initial public offering of INNIO N.V., a global energy solutions provider for applications such as data centres. The IPO consisted entirely of a secondary offering by the selling shareholder AI Alpine, which is co-owned by funds managed by Advent International and the Abu Dhabi Investment Authority (ADIA). It raised USD 2.43 billion.

Universal Music Group is a music and entertainment company active in recorded music, music publishing, merchandising and audiovisual content. It has been listed on Euronext Amsterdam since 2021. Pershing Square Capital Management, L.P. is a New York-based hedge fund founded and managed by Bill Ackman.

De Brauw advised TenneT Netherlands B.V. on a decision by the Dutch central bank allowing credit institutions to treat exposures to TenneT as exposures to the Dutch central government. TenneT is the first Dutch company to obtain this status and to be included on the European Banking Authority's list.

De Brauw advised Coincheck Group N.V. on a strategic minority investment by KDDI Corporation, a listed Japanese telecommunications company. Coincheck Group and KDDI have entered into a Share Subscription and Investor Rights Agreement pursuant to which KDDI will acquire a 14.9% stake in Coincheck Group.

De Brauw advised Inflexion, a leading European mid-market private equity firm, on its acquisition of a 30% minority stake in Marktlink Capital, a leading Benelux investment platform providing private investors with access to private equity, venture capital and private credit funds across Europe and North America.

Adyen N.V. has agreed to buy 100% of the shares in Talon.One, a leading customer engagement platform headquartered in Berlin and serving 300+ global merchants. The EUR 750 million purchase price will be paid in cash, with a significant part of the Talon.One founders' proceeds being reinvested in newly issued Adyen shares.

De Brauw advised HMH – a leading provider of equipment solutions in oil and gas drilling - on its IPO and on the Dutch law governed corporate reorganisation steps. HMH is a 50/50 joint venture between Baker Hughes and Akastor. With the completion of the IPO, HMH joins its two indirect parent companies on the public markets as a stand-alone listed entity.

De Brauw, alongside Morgan, Lewis & Bockius LLP, advised Nebius Group NV, a leader in AI infrastructure, in its successful closing of the offering of USD 4.34 billion convertible senior notes offering, divided into two series: the 1.25% notes due in 2031 and the 2.325% notes due in 2033.

De Brauw assisted the Dutch State (through the Ministry of Climate and Green Growth) in the creation of Nucleaire Energie Organisatie Nederland B.V. (NEO NL), the new state-owned enterprise that will perform all organisational activities for the construction, operation and decommissioning of new nuclear power plants and nuclear reactors in the Netherlands, as well as other activities in the nuclear field. De Brauw assisted with a variety of workstreams, including setting up the relevant governance framework between the Dutch State and NEO NL, leading the separation of the NEO NL organisation from the ranks of the State, setting the parameters for the future funding of NEO NL by the Dutch State and related financing arrangements, and advising on various employment law related matters.

De Brauw advised VodafoneZiggo on the acquisition by Liberty Global of Vodafone Group's 50% shareholding in VodafoneZiggo, making Liberty Global the sole VodafoneZiggo shareholder. Under the terms of the agreements between Liberty Global and Vodafone Group, Vodafone Group will receive EUR 1 billion in cash and a 10% shareholding in Ziggo Group, a newly formed company that will hold Liberty Global's interests in VodafoneZiggo in the Netherlands and in Telenet in Belgium and Luxembourg.

FYEO is the largest refractive surgery provider, including laser eye surgery and lens implantation, in the Netherlands. EuroEyes is a leading international specialist in refractive surgery, with more than 30 years experience in laser eye and lens implantation treatments for sharp vision without glasses or contact lenses. By joining the EuroEyes global platform, FYEO will integrate its deep local Dutch market presence with EuroEyes internationally renowned ophthalmology offering. De Brauw acted for Committed Capital on the sale of FYEO to EuroEyes.

De Brauw has advised the InterCement Group on its multi-jurisdiction restructuring process, addressing over USD 1.5 billion in unsustainable debt. The InterCement Group's restructuring efforts consisted of consecutive mediation, extrajudicial ('EJ') and judicial reorganization ('RJ') proceedings in Brazil, proceedings for recognition of a Brazilian plan in the United States and Spain, and proceedings for the implementation of a parallel plan in the Netherlands.