Michael Stern

• Advised Citi on the US$4.7bn sale of its five consumer banking franchises in Southeast Asia, including the sale of Citi’s Philippines franchise to Union Bank of the Philippines and consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam to United Overseas Bank.°
• Advised MUFG in relation to multiple investments, including its:
  • US$393 million investment in Globe Fintech Innovations, Inc., the leading finance super app and digital cashless ecosystem in the Philippines;
  • US$195 million investment in Ascend Money, a provider of digital financial services in Thailand; and
  • US$200m investment in and strategic collaboration with Southeast Asia FinTech unicorn Akulaku.
• Advised BlackRock on its US$200m investment in South Korean solar energy development company Brite Energy Partners.°
• Advised Gaw Capital, a leading multi-asset investment management firm, on its formation of a 50:50 joint venture with BW Group, dubbed Valent Energy, which will commit over A$2 billion to develop, own and operate utility-scale battery energy storage systems in Australia.°
• Advised Mitsui on its acquisition of a 49% interest in the world’s first e-methanol production and sales business in Denmark held by European Energy A/S.°
• Advised SIX Group on its US$2.75bn sale of its payments unit to Worldline, in exchange for a 27% stake in the company.°
• Advised ENI S.p.A. on its US$3.3bn acquisition of a 20% equity interest in ADNOC Refining.°
• Advised DP World on its £322m acquisition of British ferry and shipping freight operator P&O Ferries.°
• Advised Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately US$76.3 billion of assets under management, on multiple infrastructure investments.°
• Advised Ontario Teachers’ Pension Plan on its bid to acquire a stake in certain East Asian energy assets.°
• Advised Glendower Capital on its acquisition of a 40% stake in the famous London department store Liberty, valuing the business at approximately £300 million.°
• Advised Green Investment Group, the specialist green energy principal investment business of Macquarie Group, on its €270m acquisition of a 235 MW onshore wind farm in central Sweden.°
• Advised Alchemy Partners, a British mid-market private equity firm with £2.5bn assets under management, in connection with multiple investments and portfolio company matters. °
• Advised Cerberus on its acquisition of a portfolio of mortgage loans and other loans assets.°
• Advised SK Inc. in relation to multiple funding rounds in Meatless Farm, a U.K. plant-based protein company.°
• Advised Venn Partners in connection with ARA Asset Management Limited's acquisition of a majority stake in the business.°
• Advised a leading European private equity fund on its proposed sale of an automotive data company.°
• Advised British online grocer Ocado on its investment in Oxbotica, an autonomous vehicle software company.°
• Advised Equitix Investment Management on its acquisition of a 40% stake in the 316.8MW Sheringham Shoal Offshore Wind Farm.°

• Advised the ASX-listed mining company Universal Coal plc in defending a hostile takeover bid worth A$175 million from TerraCom Limited.°
• Advised a confidential bidder on its proposed acquisition of a majority stake in an SGX-listed company.
• Advised a British private equity fund on its proposed take-private of a financial services company listed on the London Stock Exchange.°
• Advised Inspecs Group plc, a leading AIM-traded design, manufacturer and distributor of eyewear frames, on its €95 million acquisition of Eschenbach Holding GmbH, alongside a £64 million equity placing.°
• Advised a FTSE-250 company on its proposed takeover by a private equity firm.°

°The above representations were handled by Mr. Stern prior to his joining Greenberg Traurig Singapore LLP.

• Legal Advisor, Valent Energy
• M&A Solicitor, Citi