International law firm Weil, Gotshal & Manges LLP announced today that it is acting as legal counsel on matters of Polish, UK, and US law to Alior Bank S.A. (“Alior”), a fast-growing Polish retail and commercial bank that launched its operations at the end of 2008, on its IPO, which includes a primary offering by Alior and a secondary offering by Carlo Tassara S.p.A. – through its Luxembourg subsidiaries – of a part of its stake in Alior. On 4 December 2012, the Alior’s shares were priced at PLN 57.00 per share, which means that the value of Alior’s IPO will total approximately PLN 2,098 million (approximately EUR 508 million). It is expected that the trading in Alior shares will commence on the Warsaw Stock Exchange on 14 December 2012.
Tags: Weil, Gotshal & Manges, LLPWeil Advises McMoRan in $3.4B Sale as Part of $20B Three-Way Merger
A Weil team led by New York M&A partner Michael Aiello advised the special committee of McMoRan Exploration Co.’s board of directors in the company’s $3.4 billion sale to Freeport-McMoRan Copper & Gold Inc. (FCX), a leading international mining company. McMoRan is an independent public company engaged in the exploration, development, and production of natural gas and oil in the Gulf of Mexico. Upon closing, McMoRan shareholders will receive a distribution of units of a royalty trust that holds a five percent overriding royalty interest on future production in McMoRan’s existing ultra-deep properties.
Tags: Weil, Gotshal & Manges, LLP | New YorkBurr & Forman Adds Immigration Parnter in Atlanta
Burr & Forman LLP is pleased to announce that Anton F. Mertens has joined the firm as a partner in its Atlanta office.
Tags: Burr & Forman LLPNorton Rose Advising Barclays on Combination of Barclays’ African Operations with Absa Group
International legal practice Norton Rose has fielded a team from its London and Johannesburg offices to advise Barclays on the combination of the majority of its African operations with Absa Group.
Tags: Norton Rose FulbrightBracewell Represents ConocoPhillips in $2 Billion Notes Offering
Bracewell & Giuliani LLP represented ConocoPhillips and ConocoPhillips Company in a public offering by ConocoPhillips Company of $2 billion of senior notes, consisting of $1 billion of 1.05% notes due in 2017 and $1 billion of 2.40% notes due in 2022.
Tags: Bracewell LLP | HoustonKramer Levin Represents Noteholders in Connection with a Private Exchange of Approximately $1.6 billion of Outstanding Energy Future Holdings Unsecured Notes
Kramer Levin represented certain noteholders in connection with a private exchange of approximately $1.6 billion in various classes of outstanding Energy Future Holdings unsecured notes for approximately $1.15 billion of new unsecured notes issued by EFH’s subsidiary, Energy Future Intermediate Holdings, in a transaction which closed Wednesday, December 5.
Tags: Kramer Levin Naftalis & Frankel LLP | New YorkAllen & Overy Advises Credit Suisse, UBS and Zürcher Kantonalbank on CHF 349 Million Capital Increase of Swiss Prime Site AG
Allen & Overy LLP advised Credit Suisse AG, UBS AG and Zürcher Kantonalbank AG as joint lead managers on the capital increase of the real estate investment company Swiss Prime Site AG.
Tags: Allen & Overy LLPO’Melveny Represents Zenprise in Acquisition by Citrix
O’Melveny & Myers LLP represented Zenprise, a leading innovator in mobile device management, in its definitive agreement to be acquired by Citrix. Subject to closing conditions including regulatory approval, the transaction is expected to close in the first quarter of 2013.
Tags: O'Melveny & Myers, LLPNew Partner Widens Shoosmiths’ Pensions Scope
Shoosmiths has extended the scope of its pensions team with a partner hire in Manchester.
Paul Carney joins the national law firm to address growing client demand for pensions advice in the north west.
Davis Polk Advises BBAM on Onex’s Acquisition of a 50% Stake in BBAM and Investment in FLY Leasing
Davis Polk is advising BBAM Limited Partnership in connection with Onex Corporation’s acquisition of a 50% stake in BBAM for $165 million. Onex and BBAM have also committed to invest $25 million in the aggregate in newly issued shares of FLY Leasing Limited, a leading global lessor of commercial jet aircraft managed by BBAM. The BBAM investment is expected to close before the end of 2012.
Tags: Davis Polk & Wardwell LLP