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  • New Economic Regulations Bill
  • Asset transfer tax on secondary offerings of shares
  • Overseas investment in New Zealand – consent thresholds relaxed
  • Stock exchange to merge with Brussels and Paris exchanges
  • Euronext: a strategic move towards one European Stock Exchange
  • Derivatives transactions with Hungarian investment funds
  • Herbert Smith acted for Lazard Capital Markets, joint lead manager in a secondary offering of 8% of the issued share capital of Yazicilar Otomotiv ve Gida Yatirim ve Pazarlama Sanayi ve Ticaret Anonim Sirketi, a company incorporated in Turkey. The offering raised approximately $125 million
  • UK firm Simmons & Simmons has recently completed work negotiating a strategic partnership that will implement one of the world’s largest integrated energy projects.
  • Charles M Adelman of Cadwalader, Wickersham & Taft, New York reviews the long awaited proposals by the US Internal Revenue Service on how financial asset securitization investment trusts will operate
  • SJ Berwin acts for Eurocity Properties on listing, CMG bids £1.4 billion for the UK’s Admiral, Davis Polk advises DLJ’s merchant bank funds, Herbert Smith acts for Stagecoach Holdings