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AMBOS NBGO ASSISTS AGROSAVFE NV WITH SECOND INVESTMENT ROUND

Ambos NBGO  assisted AgroSavfe NV and its shareholders in the preparation, negotiation and closing of a 7.8 million second capital raising round. The shareholder consortium has been joined by, amongst others, Globachem. Furthermore, the company’s existing shareholders, including GIMV, PMV, Biovest (Rudi Mariën), QBIC Arkiv Fund, Biotech Fonds Vlaanderen and Vlaams Instituut voor Biotechnologie (VIB), continue to support the growth of the company.

Ambos NBGO hosts IJE/IBJ seminar on 13 September 2016

Ambos NBGO hosts on Tuesday 13 September 2016 a seminar organised by IJE/IBJ, the Belgian Institute for Inhouse Counsels on the topic "Doing Business in the U.S. and with U.S. jurists in 2016 - is it still the wild wild west?".

This seminar is an IJE/IBJ members only event.

 

Speakers: Kathleen Paisley, Claude Sander

When: Tuesday 13 September 2016 from 12.00 to 14.00

Where: Neerveldstraat 109, 1200 Brussels

Participate: click here

 

Ambos NBGO assisted ElectronicPartner Belgium with the sale of its Belgian and Luxembourg activities

Ambos NBGO has assisted ElectronicPartner Belgium with the sale of its Belgian and Luxembourg activities to the Belgian retailgroup Connect+.

Ambos NBGO assisted Flow and Be-Mobile with the creation of a new smart mobility group

Ambos NBGO assisted the founding shareholders of Be-Mobile and FLOW with the creation of a new smart mobility group between the companies FLOW, Be-Mobile and Mobile-For, and with the investment by Proximus, the largest Belgian telecom operator, in the group.

Ambos NBGO recommended in the 2016 edition of the LEGAL 500 EMEA

Ambos NBGO Advocaten has been recommended as a TOP-TIER FIRM in 1 practice area:

Ambos NBGO Advocaten has also been recommended in the following 6 practice areas:

THE BELGIAN COMPETITION AUTHORITY ADOPTS NEW LENIENCY GUIDELINES

On March 1st, 2016, the Belgian Competition Authority (“BCA”) adopted new leniency guidelines.

An undertaking that is a participant in a (secret) cartel (e.g. price agreements amongst competitors, restriction of production, allocation of markets), risks a fine of up to 10% of its turnover (Article IV.70, §1 Code of Economic Law).

Ambos NBGO assists Senior Assist NV with sale of Terra 13 BVBA to Rheastone NV (Cofinimmo NV)

Ambos NBGO assisted Senior Assist NV (www.senior-assist.be) with the successful sale of Terra 13 BVBA's shares to Rheastone NV, a subsidiary of Cofinimmo NV. Terra 13 is the owner of a plot of land on which it has built an extension to a new care home.

Senior Assist is a Belgian group specialising in care for the elderly. It has an extensive network of nursing and care homes, assisted living facilities and home care services. 85% of its nursing and care homes are situated in Brussels and Wallonia. 

Ambos NBGO assists Trustteam with the acquisition of Hexios

Ambos NBGO has assisted Trustteam (www.trustteam.be) with the acquisition of Hexios, an IT-infrastructure provider, specialized in Cloud solutions.

Headquartered in Kortrijk, Belgium, Trustteam is a large IT actor that provides its customers with complete solutions at the level of infrastructure, software, security and communications. 
With the acquisition of Hexios, Trustteam expands its range of services to its client.

Ambos NBGO advised on a successfull management buy-in at Succes Koffie Van Reeth

Ambos NBGO has assisted an investment team under the lead of a.o. Jean-Marc Vandoorne with the successful management buy-in in Succes Koffie Van Reeth, with facilities in Schelle, Boom and Niel. Through their majority participation and strong operational involvement, the new shareholders reinforce both target’s shareholders’ structure and management team. This allows Succes Koffie Van Reeth to enhance its further growth and development in both existing and new market segments.

BELGIAN LEGAL INTEREST RATE FOR THE YEAR 2016

The legal interest rate for the year 2016 has been set at 2,25 % (publication in the Belgian Official Gazette of 18 January 2016).

The interest rate of 2015 was 2.50 %

The interest rate according to the law on the late payment in commercial transactions (Law of 02/08/2002 on combating late payment in commercial transactions, modified by the Law of 22 November 2013, B.S. 10/12/2013) amounts to 8.5% for the 1st semester 2016 (communication in the Belgian Law Gazette of 01 February 2016).

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