Herbert Smith has advised Macquarie Capital as placing agent in connection with the sale of 9.1 million shares in SM Investments Corporation, a Manila-based conglomerate listed on the Philippine Stock Exchange, under a top-up placing structure.
Tags: Herbert Smith Freehills LLP | Singapore
The Am Law Daily reports on ING reaching an agreement to sell ING Direct Canada to Scotiabank for CAD 3.1 billion (“S&C, Canadian Firms Take Top Billing on Scotiabank’s $3.1 Billion ING Buy,” access required to view article).
Tags: Norton Rose Fulbright
Simpson Thacher is representing Lightyear Capital in connection with the acquisition of Flagstone Reinsurance Holdings Ltd. by Validus Holdings Ltd. Under the terms of the transaction, Flagstone shareholders will receive 0.1935 Validus voting common shares and $2.00 in cash for each Flagstone share. The transaction represents an aggregate equity value of $623.2 million. Funds associated with Lightyear Capital own 8.5% of the outstanding Flagstone shares and have entered into a voting agreement with Validus to vote in support of the transaction.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing J.P. Morgan and Goldman, Sachs & Co. as financial advisors to Dollar Thrifty Automotive Group, Inc. in its acquisition by Hertz Global Holdings, Inc. in a transaction valued at approximately $2.3 billion.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm represented JPMorgan Chase & Co. in connection with an offering of an aggregate of 50,300,000 depositary shares, each representing a 1/400th interest in a share of JPMorgan Chase & Co.’s 5.50% Non-Cumulative Preferred Stock, Series O. The offering closed on August 27, 2012.
Tags: Simpson Thacher & Bartlett LLP | New York
Field Fisher Waterhouse LLP announces today the appointment of a three-lawyer regulatory team headed by partner David Haverbeke.
Tags: Fieldfisher LLP
International law firm McDermott Will & Emery LLP represented Barnes Group Inc. (NYSE:B), an international aerospace and industrial manufacturing and service provider, in connection with its acquisition of privately held Synventive Molding Solutions for total consideration, after closing adjustments, of approximately $340 million.
Tags: McDermott Will & Emery LLP
Mayer Brown, a leading global law firm, announced today that Ann Richardson Knox has joined the firm in New York as a partner in the Banking & Finance practice.
Tags: Mayer Brown LLP | New YorkHerbert Smith Moscow infrastructure team will act for the Moscow Government, Russian Railways and its financial adviser Grant Thornton Rosexpertiza to provide legal advice on structuring and implementation of the construction and operation of the Small Ring of the Moscow Railway (MRR Project).
Tags: Herbert Smith Freehills LLP | Moscow