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Al Fada Group Announces a USD 4 Billion Public Placement

McapMediaWireAl Fada Group of companies announce a $4.7 Billion USD public placement via a hybrid, bond and SPAC acquisition, to be registered in the first weeks of Q1 this new year.

Al Fada Group of companies, led by Al Fada Anode Production in collaboration with ALCOA Maaden and others, in Japan and Ukraine, is an international strategic metals production trade and Mining conglomerate based in Kuwait with production and/or facilities, extending to Japan Ukraine and other major trade locations around the world.

Al Fada Group Chairman Mr. Ramzi Nuseibeh is a well-known industrialist in the Gulf – MENA region and is highly respected within the strategic metals market leaders.

Al Fada Group of Companies

Al Fada Group of Companies

Backed with more than $2 Billion debt and equity already arranged, they intend to list the companies’ major projects on the New York stock exchange with a parallel trading for their bond offering on the Luxembourg bond market as well.

The offering is supported by a one-thousand-page feasibility and valuation study prepared and issued by the famous MOORE consultancy which list the valuation of Alfada at over $7 Billion USD using the conservative estimates, and the operations have pre sold production output, of both aluminium anodes and titanium a geo strategic Metal used in aerospace transportation and defence.

All of the companies Take or pay agreements, are insured for performance over the next 20 years via Willis insurance in the United Kingdom a top insurer of high value industrial clients and operations world wide.

Al Fada Group of Companies

Al Fada Group of Companies

Post registration, Al Fada Group of companies has selected prestigious Law Firm Malouf Ashford and Talbot in New York to act as legal adviser joined by the equally prestigious Clifford Chance law firm in London as General counsel, for Al Fada.

Major investment banks have been given the opportunity administer SPAC suitors and to place corporate bonds in the hybrid offering with a majority of debt and equity already having a pre placed status, with strategic partners and investment banks involved.

Upon registration with markets, the SEC and other regulators, additional details and disclosures will be available to the general public and the institutional investment community world wide Al Fada minority shareholder and spokesman, Dr Mohamed Zayed states that this offering is likely one of the largest and most important listing of 2021, emerging from the Gulf MENA region.

Further, in line with the pillars of Kuwait’s National Development Plan, Al Fada Group’s industrial projects will fulfil the goals of a sustainable diversified economy as well as enhancing the global positioning of Kuwait.

The main aspirations of Vision 2035 include restoring the regional leadership role of Kuwait as a financial and commercial hub, and reviving the pivotal role of the Kuwaiti private sector in the leadership of development. Al Fada Group’s consortium of leading international industrial companies will boost the profile of Kuwait as an attractive and enabling hub for foreign investment.

Generating more than 4,300 job opportunities, Al Fada Group aims to train, develop, and employ young professionals in the industrial sector and other complementary sectors that are included in the organisation. Sustainable development is a key cornerstone of Al Fada Group’s values and is reflected in their investment in local talents and capabilities.

Legal Disclaimer:

The foregoing statements are forward looking statements, and as such, they may or may not reflect the results which could transpire in the future which should be negative or not transpire at all due to circumstances or other reasons and investors, shareholders, or others should not rely on these forward-looking statements to ascertain any value if any  or to make any investment decisions and to take note that this is not an offer to buy or sell securities or an endorsement  for investment purposes as all investment carry a risk of loss sometimes a total loss of your investment in shares markets or any market and therefore such statements or plans should not be relied upon for any business decisions of any kind – Approval and permissions required by federal regulations may or may not be approved and if not approved may result in the loss of all value and all investments in products requiring such regulatory permissions to market and sell. These statements are made as forward-looking statements for educational purposes only in accordance with the rules and regulations which pertain to the same.

Contact Information:

Al Fada Anodes Production and Metals Group of Companies

Contact: Mr. Ramzi Nusseibeh – Group Chairman

Tel: (965) 22404943
Fax: (965) 22454601
P.O. Box: 4536 Safat – Kuwait
Website: https://alfadaanodes.com/
Email: [email protected]

Al Fada Equity Holdings Ltd UK – Public Spokesman

Address: Kemp House, 160 City Road, London, United Kingdom, EC1V 2NX Reg #13072099
Tel: + 441138300672
Fax: + 441138300661

Clifford Chance advises KKR on €1.5 billion bolt-on acquisition

Telxius has agreed to acquire, from Telefonica’s subsidiary in Germany (O2 Deutschland), circa 10,100 mobile sites in Germany for €1.5 billion. The deal also includes a built-to-suit undertaking by means of which Telxius will build 2,400 new sites in Germany in the next four years so that O2 Deutschland can rapidly scale its tower footprint to meet existing obligations with the German government.

The €1.5 billion consideration will be mainly funded by a capital increase of Telxius to be subscribed by its existing shareholders. In 2017, KKR acquired a 40% stake in Telxius, Telefónica’s global telecommunications infrastructure company. The Spanish telecom giant retains an indirect controlling stake in Telxius, through a partnership with Pontegadea (Amancio Ortega’s investment platform).

The Clifford Chance multijurisdictional team advising KKR was led from Madrid and Frankfurt by Corporate partners Javier Amantegui, Frederik Mühl and Samir Azzouzi and senior associate Jorge Martín Sainz, and included advising on: (i) Spanish law matters by Daniel García and Laura Geli, from Corporate; Rodrigo Uría and Juan Puras, from Finance; and Jaime Almenar and Octavio Canseco, from Regulatory; (ii) German law matters by Gerd Hegele, from Corporate; Dennis Blechinger and Amrei Fuder, from Real Estate; and Dimitri Slobodenjuk, from Regulatory; and (iii) Luxembourg law matters by Christian Kremer, Mélissa Kdyem and Nina Aymé, from Corporate; and Marc Mehlen, Veronika Kaszas and Tjasa Perger, from Finance.

Clifford Chance adds Sharis Pozen to Wider Leadership Group

Leading international law firm Clifford Chance has today announced that Sharis Pozen has joined the firm’s global leadership team.

Pozen is is the co-head of the firm’s global Antitrust group. She has extensive experience in both government and private practice. Over the course of her career, Pozen has held senior positions at General Electric, the US Department of Justice and the US Federal Trade Commission. She joined the firm as partner in May 2019.

Pozen now sits on Clifford Chance’s Wider Leadership Group (WLG) which includes the heads of the firm’s global practice areas, as well as the members of the firm’s Executive Leadership Group (ELG), Clifford Chance’s top strategic decision-making body.

Matthew Layton, Clifford Chance Managing Partner offers, “Given Sharis’ exceptional legal skills and broad leadership experience, we’re excited to bring her perspectives to our leadership group as we execute our strategy and plan for the future. With her addition, we continue to see the diversity of this group grow. Such variety of voices and perspectives only strengthens our firm, and this is equally true at leadership level. I very much look forward to collaborating with Sharis over the coming years.”

The WLG undertakes two formal reviews of the firm’s strategy each year. Pozen will join these meetings, as well as other relevant ELG sessions, including those hosted by the Americas. She will serve a term of two years.

Pozen has also been appointed to Clifford Chance’s Americas Management Committee, which is responsible for strategic and business planning, operational performance and financial management of the firm in the Americas region.

Clifford Chance advises Shuanghuan on latest acquisition

Clifford Chance has advised China-based auto component producer Zhejiang Shuanghuan Driveline Machinery Co., Ltd (Shuanghuan) on the acquisition of a majority share in German gearbox and auto component manufacturer Schmiedetechnik Plettenberg GmbH & Co. KG and Werkzeugtechnik Plettenberg GmbH & Co. KG. German VVP Vermögensverwaltung Plettenberg GmbH & Co. KG is selling its 81 percent of its shares in both companies. Upon closing of the transaction the Chinese investor will inject further capital into the group and thereby increase its shareholding.

Schmiedetechnik Plettenberg and Werkzeugtechnik Plettenberg are engaged in R&D, manufacturing, and sale of metal mold and precision molding parts for the automotive and construction machinery sectors.

Zhejiang Shuanghuan Driveline Co., Ltd., a listed company based in Hangzhou, China, produces and sells gears and shafts. The company’s products are widely used in the fields of inter alia cars, electric cars, high-speed rail traffic, electric tools and industrial robots. By acquiring the German gear manufacturers, Shuanghuan is accelerating its international development and further expanding its European business.

The Clifford Chance team advising Shuanghuan on the acquisition comprised partner Nicole Englisch and associate Sebastian Lahner, senior associate Nico Basener, associate Annika Ascher (all Corporate/M&A, Munich), counsel Dimitri Slobodenjuk and senior associate Caroline Scholke (both Antitrust, Dusseldorf), partner Claudia Milbradt, counsel Florian Reiling and senior associate Nicolas Hohn-Hein (all IP, Düsseldorf), partner Ines Keitel, senior associate Christopher Fischer (both Frankfurt) and associate Mario Maier (Munich, all Employment), partner Mathias Elspaß, senior associate Philipp Büsch and associate Felix Feldmann (all Corporate/Public Law, Düsseldorf), partner Christian Keilich (Frankfurt), counsel Dennis Blechinger and foreign lawyer Marion Dalvai (both Munich, all Real Estate), partner Barbara Mayer-Trautmann and senior associate Jennifer Seipelt (both Acquisition Finance, Munich) and partner Olaf Mertgen and counsel Dominik Engl (both Tax, Frankfurt) as well as a team from the Clifford Chance office in Shanghai lead by partner Glen Ma and including counsel Richard Cui (both Corporate/M&A).

Clifford Chance listed 19th in the Stonewall Top 100 Employers

International law firm Clifford Chance has been ranked 19th in this year’s Stonewall Top 100 Employers List for 2020 – the sixth highest law firm in the list.

Now in its 16th year, the list celebrates the pioneering efforts and commitments of leading organisations to LGBT workplace inclusion. This year’s list, which was the largest ever with 503 employers entering, was developed using submissions to the Workplace Equality Index, a powerful benchmarking tool used by employers to create inclusive workplaces.

Toby Horner, Co-Chair of Clifford Chance’s LGBT+ & Allies Network ARCUS, said: “This result reflects our inclusion efforts at every stage from entry level recruitment through to reverse mentoring members of our Executive Leadership Group. Collaboration is core to our work and we have focused more than ever on our LBT strategy – an area which can often be overlooked. Whilst we still have steps to take to represent the full spectrum of LGBT diversity within the firm, we are committed to keeping our foot on the pedal and removing barriers wherever possible.”

Michael Bates, Clifford Chance UK Managing partner, comments: ”We are delighted that our commitment to maintaining an inclusive environment for our people has been recognised in this year’s Stonewall index. However, we cannot afford to be complacent. We know that there is more work and campaigning to be done to provide a workplace and society where people can be their full authentic selves, without fear of exclusion or discrimination.”

Clifford Chance’s inclusion in the index complements the firm’s extensive portfolio of global LGBT initiatives including: the ARCUS reverse mentoring scheme with the firm’s senior management team; the annual Pride Art exhibition that celebrates LGBT pride and fosters diversity and inclusion; and the commissioning of the largest piece of research on LGBT wellbeing with Trendence, Deutsche Bank, the University of York and National Student Pride.

Further information on Clifford Chance’s commitment to LGBT+ rights and equality can be found in its annual Responsible Business Report, which the firm publishes in accordance with the United Nations Global Compact.

If you would like to find out more information, please visit: https://www.stonewall.org.uk/