Baker McKenzie

LatAm Logistic Properties, S.A. and two Announce Closing of Business Combination

Retrieved on:

Wednesday, March 27, 2024

Commercial Building & Real Estate, Construction & Property, LPA, Growth, Baker McKenzie, LLP, Business analyst, BTG Pactual, Geography, Management

LatAm Logistic Properties, S.A. (“LLP”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, and two, a Cayman Islands exempted company (“TWOA”), today announced the successful closing of their previously disclosed business combination (the “Business Combination”).

Key Points:

LatAm Logistic Properties, S.A. (“LLP”), a leading developer, owner and manager of institutional quality, Class A industrial and logistics real estate in Central and South America, and two, a Cayman Islands exempted company (“TWOA”), today announced the successful closing of their previously disclosed business combination (the “Business Combination”).
Upon the completion of the Business Combination, LLP and TWOA became subsidiaries of Logistic Properties of the Americas, a Cayman Islands exempted company ("LPA").
Beginning on March 28, 2024, LPA's ordinary shares are expected to begin trading on the NYSE American under the ticker symbol “LPA”.
The Business Combination was approved at an extraordinary general meeting of shareholders of TWOA on March 25, 2024 and was completed today, March 27, 2024.

Minesto announces the final outcome of the company's rights issue

Retrieved on:

Wednesday, April 3, 2024

Rights issue, Exercise, BTU, Baker McKenzie, AMERICA, Prospectus, Rights, MAQS, Bookrunner, Person, Security (finance)

GOTHENBURG, Sweden and VÄSTRA GÖTALAND, Sweden, April 3, 2024 /PRNewswire/ -- On 2 April 2024, Minesto AB (publ) ("Minesto" or the "Company") announced the preliminary outcome of the Company's rights issue of up to 13,394,391 units, consisting of three (3) shares and one (1) warrant of series TO4 in the Company each (the "Rights Issue"). The Company has received the final outcome of the Rights Issue, which is identical to the preliminary results, which concludes that 6,527,171 units, corresponding to approximately 48.7 percent of the Rights Issue, have been subscribed for with the support of unit rights. Additionally, applications for subscription of 288,226 units, corresponding to approximately 2.2 percent of the Rights Issue, have been received for subscription of units without the support of unit rights. In aggregate, the subscriptions with the support of unit rights and the applications for subscription without the support of unit rights correspond to approximately 50.9 percent of the Rights Issue. Hence, guarantee commitments of 4,312,385 units, corresponding to approximately 32.2 percent of the Rights Issue, will be utilized. The Rights Issue will provide the Company with proceeds of approximately SEK 100.2 million before deduction of costs related to the Rights Issue. Upon full exercise of all the warrants of series TO4 the Company is expected to raise up to an additional approximately SEK 50.1 million before deduction of cost related to the exercise of the warrants.

Key Points:

The Company has received the final outcome of the Rights Issue, which is identical to the preliminary results, which concludes that 6,527,171 units, corresponding to approximately 48.7 percent of the Rights Issue, have been subscribed for with the support of unit rights.
The Rights Issue will provide the Company with proceeds of approximately SEK 100.2 million before deduction of costs related to the Rights Issue.
The Rights Issue is comprised of 13,394,391 units, of which 6,527,171 units, corresponding to approximately 48.7 percent of the Rights Issue, have been subscribed for with the support of unit rights.
The Rights Issue will provide the Company with proceeds of approximately SEK 100.2 million before deduction of costs related to the Rights Issue.

Minesto announces preliminary outcome of the company's rights issue

Retrieved on:

Tuesday, April 2, 2024

SW, Rights issue, Exercise, BTU, Baker McKenzie, AMERICA, Prospectus, Rights, MAQS, Bookrunner, Person

GOTHENBURG, Sweden and VÄSTRA GÖTALAND, Sweden, April 2, 2024 /PRNewswire/ -- Minesto AB (publ) ("Minesto" or the "Company") announces the preliminary outcome for the Company's rights issue of up to 13,394,391 units, consisting of three (3) shares and one (1) warrant of series TO4 in the Company each (the "Rights Issue"), for which the subscription period ended today, 2 April 2024. The preliminary outcome indicates that 6,527,171 units, corresponding to approximately 48.7 percent of the Rights Issue, have been subscribed for with the support of unit rights. Additionally, applications for subscription of 288,226 units without the support of unit rights, corresponding to approximately 2.2 percent of the Rights Issue, have been received. In aggregate, the subscriptions with the support of unit rights and the applications for subscription of units without the support of unit rights correspond to approximately 50.9 percent of the Rights Issue. Hence, guarantee commitments of preliminary 4,312,385 units, corresponding to approximately 32.2 percent of the Rights Issue, will be utilized. The Rights Issue will provide the Company with proceeds of approximately SEK 100.2 million before deduction of costs related to the Rights Issue. Upon full exercise of all the warrants of series TO4 the Company is expected to raise up to an additional approximately SEK 50.1 million before deduction of cost related to the exercise of the warrants.

Key Points:

The preliminary outcome indicates that 6,527,171 units, corresponding to approximately 48.7 percent of the Rights Issue, have been subscribed for with the support of unit rights.
The Rights Issue will provide the Company with proceeds of approximately SEK 100.2 million before deduction of costs related to the Rights Issue.
The preliminary outcome indicates that 6,527,171 units, corresponding to approximately 48.7 percent of the Rights Issue, have been subscribed for with the support of unit rights in the Rights Issue.
Thus, the preliminary outcome indicates that the Rights Issue is subscribed to approximately 50.9 percent, with and without the support of unit rights, and that guarantee commitments of preliminary 4,312,385 units, corresponding to approximately 32.2 percent of the Rights Issue, will be utilized.

Artificial Intelligence (AI) and The Metaverse Overview and IP Perspective Online Course - ResearchAndMarkets.com

Retrieved on:

Friday, February 23, 2024

Mark Weston is a partner at Hill Dickinson LLP where he is Head of Commercial Law (London), Information Technology Law and, Intellectual Property Law.

Key Points:

Mark Weston is a partner at Hill Dickinson LLP where he is Head of Commercial Law (London), Information Technology Law and, Intellectual Property Law.
Mark's practice covers both non-contentious and contentious matters in all areas of commercial law, intellectual property law, information technology law, Internet, digital and privacy/data law.
He has extensive experience in-house, having been seconded in the past to Hewlett Packard and new technology companies.
Mark appears regularly on BBC1 (usually providing advice on-screen to BBC Watchdog) and also on Sky News as a legal commentator.

Metacon raises approximately SEK 100 million in the rights issue

Retrieved on:

Tuesday, February 20, 2024

Swe, Prospectus, Person, Swedish, Baker McKenzie, Exercise, Rights issue, NOT, AMERICA, BTU, Bookrunner, Security (finance)

STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- On 19 February 2024, Metacon AB (publ) ("Metacon" or the "Company") announced the preliminary outcome for the Company's rights issue of up to 68,517,160 units, each unit consisting of six (6) shares and two (2) warrants of series TO 1 in the Company (the "Rights Issue"). The subscription price in the Rights Issue was SEK 1.74 per unit, corresponding to SEK 0.29 per share (the warrants of series TO 1 are issued free of charge). The Company has received the final outcome of the Rights Issue, which is in line with the preliminary results, which concludes that 34,215,600 units, corresponding to approximately 49.9 percent of the Rights Issue, have been subscribed for with the support of unit rights. Additionally, 2,727,145 units, corresponding to approximately 4.0 percent of the Rights Issue, have been subscribed for without the support of unit rights. In aggregate, the subscriptions with the support of unit rights and the applications for subscription without the support of unit rights correspond to approximately 53.9 percent of the Rights Issue. Hence, guarantee commitments of 20,531,392 units, corresponding to approximately 30.0 percent of the Rights Issue, will be utilized. The Rights Issue will provide the Company with proceeds of approximately SEK 100.0 million before deduction of costs related to the Rights Issue. Upon full exercise of all the warrants of series TO 1, at the maximum subscription price of SEK 0.44, the Company is expected to raise up to an additional approximately SEK 50.6 million before deduction of cost related to the warrants.

Key Points:

Additionally, 2,727,145 units, corresponding to approximately 4.0 percent of the Rights Issue, have been subscribed for without the support of unit rights.
In aggregate, the subscriptions with the support of unit rights and the applications for subscription without the support of unit rights correspond to approximately 53.9 percent of the Rights Issue.
The Rights Issue will provide the Company with proceeds of approximately SEK 100.0 million before deduction of costs related to the Rights Issue.
The Rights Issue will provide the Company with proceeds of approximately SEK 100.0 million before deduction of costs related to the Rights Issue.

Jaguar Global and GLAAM/Captivision Announce Closing of Business Combination

Retrieved on:

Wednesday, November 15, 2023

Business analyst, LLP, White & Case, SRS, Growth, Baker McKenzie

MIAMI and SEOUL, South Korea, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Jaguar Global Growth Corporation I (Nasdaq: JGGC, JGGCR, and JGGCW) (“Jaguar Global”), GLAAM, Co., Ltd. (“GLAAM” or “the Company”), a leading designer and manufacturer of architectural media glass, and Captivision Inc. (“Captivision”), today announced the successful closing of their previously announced business combination (the “Business Combination”).

Key Points:

MIAMI and SEOUL, South Korea, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Jaguar Global Growth Corporation I (Nasdaq: JGGC, JGGCR, and JGGCW) (“Jaguar Global”), GLAAM, Co., Ltd. (“GLAAM” or “the Company”), a leading designer and manufacturer of architectural media glass, and Captivision Inc. (“Captivision”), today announced the successful closing of their previously announced business combination (the “Business Combination”).
The Business Combination was approved at a special meeting of Jaguar Global stockholders on September 27, 2023 and was completed today, November 15, 2023.
Baker & McKenzie LLP and Paul Hastings LLP acted as Jaguar Global’s U.S. legal counsel, and Yulchon acted as Jaguar Global’s Korean legal counsel.
Yoon & Yang acted as Jaguar Global and GLAAM’s FSS and SRS filing advisor.

Edelman Financial Engines Acquires New England Pension Plan Systems

Retrieved on:

Thursday, December 14, 2023

Edelman Financial Engines (EFE) , America’s top independent wealth planning1 and workplace2 investment advisory firm, today announced the acquisition of New England Pension Plan Systems (NEPPS), a national, full-service retirement-plan consulting firm offering various levels of advisory and consulting services to employee benefit plans and to the participants of such plans, and its affiliate New England Investment Consultants (NEIC), a registered investment advisor.

Key Points:

Edelman Financial Engines (EFE) , America’s top independent wealth planning1 and workplace2 investment advisory firm, today announced the acquisition of New England Pension Plan Systems (NEPPS), a national, full-service retirement-plan consulting firm offering various levels of advisory and consulting services to employee benefit plans and to the participants of such plans, and its affiliate New England Investment Consultants (NEIC), a registered investment advisor.
“The expertise and capabilities that NEPPS has in the retirement plan consulting space is a perfect complement to the broader platform we are building here at EFE,” said Suzanne van Staveren, executive vice president, chief financial officer and chief operating officer at Edelman Financial Engines.
“Like EFE, we promote the same client-first focus for our retirement plan clients and our individual wealth planning clients.
Our shared approach to client service, education, financial planning and investment management makes this a great fit.

Macy’s, Inc. Names Tracy Preston Chief Legal Officer

Retrieved on:

Tuesday, December 5, 2023

Fashion, Footwear, Cosmetics, Retail, Luxury, Department Stores, Georgetown University, NYSE, Employment, University, Neiman Marcus, Latham & Watkins, Multimedia, Levi Strauss & Co., Hanesbrands, Levi Strauss, Baker McKenzie, Private investigator

Macy’s, Inc. (NYSE:M) today announced that Tracy Preston has been named chief legal officer and corporate secretary of Macy’s, Inc., effective January 8, 2024, and will report to Tony Spring, president and CEO-elect, Macy’s, Inc.

Key Points:

Macy’s, Inc. (NYSE:M) today announced that Tracy Preston has been named chief legal officer and corporate secretary of Macy’s, Inc., effective January 8, 2024, and will report to Tony Spring, president and CEO-elect, Macy’s, Inc.
View the full release here: https://www.businesswire.com/news/home/20231205213749/en/
Macy’s, Inc. Names Tracy Preston Chief Legal Officer (Photo: Business Wire)
As chief legal officer, Tracy will be responsible for a broad range of legal affairs, litigation and compliance for Macy’s, Inc., including employment, real estate, credit, commercial and regulatory matters, enterprise security and internal audit.
Additionally, Tracy will act as legal advisor to senior leadership and the board of directors in her role as corporate secretary.
Prior to joining Macy’s, Inc., Tracy served as chief compliance officer, chief legal officer and corporate secretary of HanesBrands Inc. Before that, she held the same titles at Neiman Marcus Group.

Stonepeak Completes Acquisition of 49% Interest in Cellnex Nordics

Retrieved on:

Thursday, November 30, 2023

Professional Services, Finance, Sale, Acquisition, LLP, Telecommunications, Multimedia, EUR, Partnership, Guggenheim Partners, Security, Baker McKenzie, Mobile phone, Cellnex

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the acquisition of a 49% interest in Cellnex Sweden and Cellnex Denmark (“Cellnex Nordics”), the Swedish and Danish operations of Cellnex Telecom (“Cellnex”), Europe’s largest independent operator of wireless telecommunications infrastructure for a total value of c. EUR 730 million, of which EUR 558 million is recognized upfront.

Key Points:

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the acquisition of a 49% interest in Cellnex Sweden and Cellnex Denmark (“Cellnex Nordics”), the Swedish and Danish operations of Cellnex Telecom (“Cellnex”), Europe’s largest independent operator of wireless telecommunications infrastructure for a total value of c. EUR 730 million, of which EUR 558 million is recognized upfront.
View the full release here: https://www.businesswire.com/news/home/20231129831447/en/
Cellnex Nordics provides colocation services to mobile network operators for their wireless networking equipment.
The Cellnex Nordics network currently consists of approximately 4,600 sites across Sweden and Denmark, with additional commitments and options to build and operate more than 2,400 additional sites in the region.
Going forward, Cellnex will continue to consolidate the results of its operations and manage the day-to-day business in consultation with Stonepeak.

Edelman Financial Engines Acquires PRW Wealth Management

Retrieved on:

Thursday, November 16, 2023

Personal Finance, Finance, Consulting, Professional Services, Asset Management, Edelman Financial Engines, PRW, EFE, Registered investment adviser, Acquisition, LLP, Nobel Prize, Strategic planning, Growth, Philosophy, AUM, Baker McKenzie, Financial services

Edelman Financial Engines (EFE) , America’s top independent wealth planning1 and workplace2 investment advisory firm, today announced the acquisition of PRW Wealth Management (PRW), a Registered Investment Advisor that provides a comprehensive range of wealth management capabilities, with a focus on strategic planning, investment management and the transfer of wealth.

Key Points:

Edelman Financial Engines (EFE) , America’s top independent wealth planning1 and workplace2 investment advisory firm, today announced the acquisition of PRW Wealth Management (PRW), a Registered Investment Advisor that provides a comprehensive range of wealth management capabilities, with a focus on strategic planning, investment management and the transfer of wealth.
“We are thrilled to officially welcome the PRW team and their clients to our firm,” said Suzanne van Staveren, executive vice president, chief financial officer and chief operating officer of Edelman Financial Engines.
“Their overall values, personalized and dedicated approach to wealth management and commitment to their clients closely aligns with how we’ve operated PRW for the last three decades.”
“Joining Edelman Financial Engines provides us with a depth of additional resources and the ability to maintain the feeling of a multi-family office.
“Edelman Financial Engines continues to be an important acquirer within the financial advisory industry,” said Dan Seivert, chief executive officer at Echelon Partners, who served as transaction advisor to PRW Wealth Management.