Van Campen Liem assisted Peninsula Investments II SCA (“Peninsula”) on the Luxembourg legal and tax aspects of the acquisition of 13% of Nuovo Trasporto Viaggiatori S.p.A. (“NTV”), the Italian private high-speed train operator, operating under the Italo brand.
The stake was acquired from some of NTV’s existing shareholders and Peninsula became one of the main shareholders of NTV.
NTV reports that it is rapidly expanding its activities by acquiring new trains and ended 2016 with total revenues of EUR 368.6 million and an EBITDA of EUR 96.2 million.
The Van Campen Liem team consisted of Marcello Distaso, Aldo Schuurman, Andrew de Vries, Ekaterina Lebedeva and Eleni Kokkinou.
Van Campen Liem has assisted General Electric Company as Dutch legal counsel in connection with its combination of GE’s oil and gas business with Baker Hughes, completed on July 3, 2017.
Baker Hughes, a GE company (NYSE:BHGE) is the first and only company to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development. With headquarters in London and Houston, the combined company will have roughly $23 billion in annual revenue and offer oilfield gear including blowout preventers, pumps, drilling, chemicals, other products and services for oil producers in 120 countries. BHGE provides differentiated services for customers by combining digital solutions and technology from the GE Store with the domain expertise of Baker Hughes and its culture of innovation in the oilfield services sector.
The Van Campen Liem team that has intensively worked for over a half year on the transaction included Edwin Liem, Martina Priekaar, Wouter Casteleijn, Rachel van der Jagt, Can Bahtir, Eva Klein Obbink and Suki Bikker.
For more information, please visit http://www.genewsroom.com/press-releases/ge-announces-completion-ge-oil-gas-and-baker-hughes-merger-283883