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Elias Neocleous & Co. LLC Advises Pepperstone On Its CySEC Authorization As CIF
During 2020, our firm advised our valued client, Pepperstone Group Limited, an Australian-authorised investment firm, in the establishment, authorization process of its Cyprus subsidiary, Pepperstone EU Limited. Working alongside Pepperstone executives, Michael Pelosi (Legal Counsel), Dimitris Papoutsis(Legal Counsel), Rafaella Michael (Associate) and Ioannis Sidiropoulos (Associate) comprised the Financial Services and Regulation team providing Cyprus regulatory […]
Elias Neocleous & Co LLC Advices Greenmont Aiflnp LTD on its Private Equity Investment in Nace Energia in Spain.
During Q2 of 2020, our Financial Services and Regulation, Corporate and Commercial as well as Energy teams assisted our valued client, Greenmont AIFLNP Ltd (“Greenmont”), a Cyprus-authorized alternative investment fund on the Cyprus law aspects of its private equity investment in Nace Energía (“NACE”). The deal closed in July 2020 with Greenmont acquiring a shareholding […]
Tender for Liquefied Natural Gas terminal at Vasilikos Bay
As Cyprus moves forward with its plans to build a Liquefied Natural Gas terminal on the Island, Elias Neocleous & Co LLC is proud to have advised and assisted Abamba Limited, a consortium of global engineering firms EPCM Consultants SA (Pty) Ltd, Global Maritime Consultancy Limited and iX Engin...
Elias Neocleous & Co llc advises CPI Property Group
Elias Neocleous & Co LLC recently advised CPI Property Group (“CPI) on the Cypriot aspects of an acquisition of shares in Globalworth Real Estate Investments Limited (“GREIL”). CPI is a company listed on the Frankfurt Stock Exchange with a property portfolio of circa EUR 8 billion. The share...
Elias Neocleous & Co LLC advises Blackstone on Cyprus law aspects of its investment in Superbet Romania
In May 2018, our Financial Services and Regulation and M&A teams advised Blackstone on the Cyprus law matters of a €175m strategic minority equity investment in Superbet by funds managed or advised by Blackstone’s Tactical Opportunities business. Blackstone is one of the world’s leading investm...
Elias Neocleous & Co LLC advised the Zarenkov family on the Cyprus law matters in their disposal of a 25% stake in Etalon Group Plc.
In February 2019, our Financial Services team assisted the Zarenkov family on Cyprus corporate and financial services law matters in their disposal of a 25% shareholding interest in Etalon Group Plc to Sistema PJFC, a publicly-traded diversified holding company. Etalon Group Plc, one of Russia’s largest and longest established development and construction companies, is a Cyprus public company having […]
Advice to Trafigura-UCP consortium on acquisition of Essar Oil Limited
The USD 12.9 billion purchase of India’s Essar Oil Ltd by a consortium including Trafigura, one of the largest physical commodities trading groups in the world, UCP Investment Group, an independent, private investment group and Rosneft, the leader of Russia’s petroleum industry, has now been formally completed. The Trafigura-UCP consortium and Rosneft each acquired a […]
USD 100 million super senior facility for Avanti Communications Group plc
Elias Neocleous & Co LLC acted as Cyprus counsel to Avanti Communications Group plc (LON:AVN) along with Milbank, Tweed, Hadley & McCloy LLP in respect of the USD 100 million super senior facility agreement dated 15 June 2017 between Avanti and its subsidiaries on the one hand and HPS Investment Partners on the other. In […]
Acquisition finance for purchase of the Cypria Maris, Cypria Bay and Laura hotels in Paphos
In March 2017, together with leading Israeli firm Shibolet & Co we acted for Phoenix Insurance Company Limited as security agent for the lenders to Fattal Hotels in a joint transaction with a subsidiary of Issta Lines, Israel’s largest tourist company, for the acquisition of the Cypria Maris, Cypria Bay and Laura hotels in Paphos […]
Acquisition of WesternZagros Resources by Crest Energy International
On behalf of Crest Investment Company and Dentons Canada LLP we dealt with the Cyprus law aspects of the acquisition by Crest Energy International of all the outstanding shares of WesternZagros Resources Limited for a consideration of approximately USD 167 million. Crest Energy International is an affiliate of Crest Investment Company, a USA-based investment company […]