Matter 20 February 2024

Yukos Shareholders Secure Victory in $50 Billion Arbitration Dispute

In the legal battle that has drawn attention worldwide for over a decade, the Amsterdam Court of Appeal today upheld the $50 billion arbitration awards in favour of the former majority shareholders of Yukos Oil Company, effectively dismissing the Russian Federation's last-standing challenge against the decision. This ruling is a decisive step in one of the most significant legal disputes in the realm of international arbitration. It also underscores the inviolability of international law and treaties.
Matter 2 February 2024

Ansos Holding sells majority stake to TMC

De Brauw advises Ansos on the sale of a majority stake to TMC.
Matter 1 February 2024

Pluxee successfully listed on Euronext Paris following spin-off from Sodexo

Following its spin-off from Sodexo, Pluxee has successfully listed its shares on the regulated market of Euronext Paris on 1 February 2024. De Brauw acted as co-counsel for Sodexo and Pluxee during the spin-off and the listing, alongside White and Case Paris.
Matter 1 February 2024

DataSnipper completes Series B funding round at a USD 1 billion valuation

DataSnipper raised USD 100 million in its Series B funding round at a USD 1 billion valuation, as the first Dutch unicorn since 2022. The investment round was led by Index Ventures and follows an investment by Insight Partners in September 2022. The company is the leading intelligent automation platform for audit and finance professionals. The new funding will help DataSnipper expand across new verticals including internal auditors, tax advisors, forensic accountants, and other sectors involving data reconciliation.
Matter 19 January 2024

De Brauw advises Hydratec Industries on the recommended public cash or share offer by Ten Cate Investeringsmaatschappij

De Brauw advises Hydratec Industries on the recommended public cash or share offer by Ten Cate Investeringsmaatschappij
Matter 10 January 2024

De Brauw advises IMC on update of its corporate holding structure with new U.S. global parent company

On 21 December 2023, IMC announced the update of its corporate holding structure. The firm created a new U.S. holding company, known as IMC Global Holdings LLC, to become the global parent company for the IMC group of companies. IMC took this step to better position itself to achieve its strategic growth agenda. The new structure will enable IMC to operate on a more level playing field with its peers, who are mainly U.S. based, including from a legal, regulatory and regulatory capital requirements perspective.
Matter 18 December 2023

Pon and Volkswagen Financial Services enter into strategic alliance in Bike Mobility Services

Pon sold a 49% stake in the Bike Mobility Services group ("BMS") to Volkswagen Financial Services ("VWFS"), together entering into a strategic alliance in the business of company bike leasing. BMS is a bike leasing company operating in six countries: Germany, the Netherlands, Austria, Belgium, Sweden, and the US. BMS aims to develop sustainable and affordable bike mobility services for employers and their employees. Pon and VWFS are aiming to jointly expand in the growing bicycle and e-bike leasing business in Europe and the USA and build on the long tradition of cooperation between Pon and the Volkswagen Group. The transaction is subject to customary closing conditions, including regulatory approvals. De Brauw acted as sole counsel to Pon, advising on a range of topics including corporate, M&A, tax and competition.
Matter 14 December 2023

De Brauw advises Strategic Value Partners on recapitalization and refinancing of Schoeller Industries

De Brauw advised Strategic Value Partners on the refinancing and recapitalisation of the Schoeller Allibert Group, a Brookfield portfolio company and European market leader of returnable industrial plastic packaging solutions.
Matter 13 December 2023

De Brauw advises BlackFin on acquisition of Aon's personal lines brokerage and MGA business

De Brauw is advising BlackFin Capital Partners on the carve-out acquisition of the personal lines brokerage and managing general agent (MGA) business of Aon Netherlands.
Matter 8 December 2023

Digital Realty and Blackstone announce USD 7 billion hyperscale data center development joint venture

Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Blackstone Inc. (NYSE: BX) has announced that Blackstone-affiliated funds led by Infrastructure, Real Estate and Tactical Opportunities have agreed to establish a joint venture with Digital Realty to develop four hyperscale data center campuses across three metro areas on two continents. The developments are expected to support approximately 500 megawatts (MW) of total IT load upon full build out of all campuses. Blackstone will acquire an 80% ownership interest in the joint venture for approximately $700 million of initial capital contributions, while Digital Realty will maintain a 20% interest. Subsequent to closing, the joint venture parties will fund their pro rata share of the remaining development costs. Digital Realty will manage the development and day-to-day operations of the joint venture, for which it will receive customary fees.
Matter 28 November 2023

De Brauw advised Accsys on its relationship agreement with Teslin and De Engh and its EUR 34 million capital raise

De Brauw advised Accsys Technologies Plc, the fast-growing company that enhances the natural properties of wood to make high performance and sustainable building products, on its relationship agreement with Teslin and De Engh and its EUR 34 million capital raise. De Brauw advised together with Slaughter and May, as Accsys is listed at both AIM and Euronext Amsterdam. Teslin and De Engh provided, in aggregate, approximately EUR 13m of new equity through the placing. The Relationship Agreement includes customary terms and conditions for a substantial shareholding of this nature, including the right for Teslin and De Engh to appoint one new non-executive director to the Board of the Company for so long as they hold an interest of at least 15 per cent and a second non-executive director for so long as they hold iat least 22.5 per cent.
Matter 16 November 2023

BpfBOUW, ABP and Bouwinvest join forces in Impact Partnership

De Brauw Blackstone Westbroek advised Bouwinvest Real Estate Investors on the structuring and fundraising of its Dutch Social Impact Real Estate Partnership.