The international law firm Milbank, Tweed, Hadley & McCloy advised Haichang Holdings Ltd. (“Haichang”) in the approximately US$316 million global offering and initial public offering of its shares on the Hong Kong Stock Exchange – the first global offering by a theme park operator in Hong Kong.
Tags: Milbank LLP | Hong Kong
Leading international law firm Clifford Chance has advised Poly Culture Group Corporation Limited on its HK$2.57 billion (approx. US$ 331 million) global offering and listing on the Main Board of the Stock Exchange of Hong Kong. The Company sold a total of 77,781,000 shares at HK$33.0 each.
Tags: Clifford Chance LLPThe Joint Compulsory Liquidators of Hellas Telecommunications (Luxembourg) II SCA, Andrew Hosking and Simon Bonney, after consultation with legal advisors and the company’s creditors’ committee, have filed a lawsuit against TPG Capital Management, L.P. and Apax Partners LLP, among other defendants, seeking damages of more than US$1.3 billion plus interest. The complaint filed in the United States Bankruptcy Court for the Southern District of New York alleges that TPG and Apax engaged in wrongdoing giving rise to claims of actual and constructive fraudulent conveyance and unjust enrichment.
Leading international law firm Clifford Chance has recently advised Hopu Investment Management, as part of a consortium, on a combined investment of up to US$2.5 billion in Global Logistic Properties (GLP), a Singapore-listed provider of logistics facilities in China, Japan and Brazil. GLP intends to use the majority of the proceeds to enhance access to strategic land holdings and customers, and further develop its network in China. This transaction is subject to regulatory and GLP shareholder approval.
Tags: Clifford Chance LLP
Davis Polk advised Temasek in connection with its affiliate’s investment in Series B preferred shares of TutorGroup Holding. Affiliates of Alibaba Group, the China-based e-commerce company, and Qiming Venture Partners, a China-based venture capital fund, also participated in this round of financing. The aggregate investment size for this Series B round was close to $100 million. More >>
Tags: Davis Polk & Wardwell LLP
Shearman & Sterling represented Oesterreichische Kontrollbank (“OeKB”) in connection with OeKB’s public offering of $1.25 billion of its 1.625% Guaranteed Global Notes due 2019. The bonds are guaranteed by the Republic of Austria and will be listed on the regulated market of the Luxembourg Stock Exchange.
Tags: Shearman & Sterling LLP
The Firm represented JLL Partners, Inc. and its 56%-owned portfolio company, Patheon Inc., in the financing transactions for JLL Partners’ take-private acquisition of Patheon and Patheon’s related combination with the Pharmaceutical Products business of Koninklijke DSM N.V., known as Royal DSM. As a result of the transactions, which closed on March 11, 2014, the combined business is held by JLL/Delta Dutch Newco B.V. (the “Company”), which is 51% owned by JLL Partners and 49% owned by Royal DSM.
Tags: Simpson Thacher & Bartlett LLP