Simpson Thacher Represents Melrose PLC on its Proposed Acquisition of Elster Group SE and its Related Fully Underwritten Rights Issue and New Debt Facility

The Firm is representing Melrose PLC on its recently announced proposed acquisition of Elster Group SE, a European public limited liability company based in Essen, Germany and listed on the NYSE. The acquisition will be implemented principally by a US tender offer to Elster ADS holders and Elster shareholders (which is expected to commence on 6 July 2012), with an aggregate equity value of approximately $2.3 billion. Melrose intends to fund the acquisition and associated expenses through a combination of a fully underwritten UK equity rights issue to raise approximately $1.8 billion and a new debt facility of approximately $2.3 billion which will also be available to refinance existing Melrose and Elster debt. The transaction is subject to regulatory clearances in the USA, EU, Russia and Ukraine and is expected to close during August 2012.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents KKR in Acquisition of a Controlling Interest in WMF AG from Capvis Equity Partners AG

The Firm is representing Kohlberg Kravis Roberts & Co. in the acquisition by a holding company, Finedining Capital GmbH, of a controlling interest in WMF AG from the Swiss financial investor Capvis Equity Partners AG. Finedining Capital GmbH also announced its intention to make a voluntary public tender offer for the remaining ordinary and preference shares of WMF, currently listed on the Frankfurt stock exchange. The aggregate transaction value is estimated to amount to at least €587 million.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Advises Sheridan Holdings in the Establishment of $810 Million Credit Facilities

The Firm represented Sheridan Holdings, Inc., a provider of a full line of hospital based clinical and management solutions in the specialty areas of children’s services, anesthesiology, radiology and emergency medicine, in connection with the establishment of first and second lien senior secured credit facilities in an aggregate principal amount of $810 million. A portion of the proceeds from such new facilities was used to refinance Sheridan Holdings, Inc.’s existing first and second lien senior secured credit facilities. Sheridan Holdings, Inc. is an affiliate of Hellman & Friedman LLC.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Kirkland & Ellis Acts as Hong Kong and US Counsel to Bank of America Merrill Lynch, Standard Chartered, Guotai Junan and ICBC International in the US$66 Million IPO and Hong Kong Listing of Xiao Nan Guo Restaurants Holdings Limited

Kirkland & Ellis acted as the Hong Kong and U.S. legal advisers to the underwriters, led by Bank of America Merrill Lynch, Standard Chartered, Guotai Junan and ICBC International, in the US$66 million initial public offering of Xiao Nan Guo Restaurants Holdings Limited (Stock code: 3666), which debuted its listing on the Hong Kong Stock Exchange today. Xiao Nan Guo is the largest self-owned, mid-to-high-end Chinese cuisine, full-service restaurant chain headquartered in the PRC.

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Tags:  Kirkland & Ellis LLP | Hong Kong

Carroll, Burdick & McDonough Welcomes Litigator Richard Zuromski

Carroll, Burdick & McDonough LLP, a preeminent litigation and business law firm working both nationally and internationally, adds Richard J. Zuromski, Jr. as a partner in its San Francisco office. Focused on defending a variety of class action matters, Zuromski joins the firm after nearly a decade at Skadden, Arps, Slate, Meagher & Flom LLP.

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Amie Needham Joins Littler’s St. Louis Office Marking the Firm’s Continued Lateral Growth

Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, has added Amie Needham to the firm’s St. Louis office. Needham, previously a partner with Thompson Coburn LLP, joins Littler as a shareholder and will continue to focus her practice on traditional labor law in addition to employment counseling and litigation. Needham’s arrival at Littler is the latest among a slew of high profile laterals who have joined the firm across a number of its national and international offices.

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Tags:  Littler Mendelson P.C.