White Collar Team Led by former AG Terwilliger to Join Morgan Lewis

Morgan Lewis today announced that a team of white collar attorneys, led by former acting U.S. Attorney General and Deputy Attorney General George J. Terwilliger III, will join the firm’s Litigation Practice, resident in Washington, D.C. Joining as partners, along with Mr. Terwilliger, are Daniel Levin, Matthew Miner, and Robert J. Bittman-all white collar investigations and litigation practitioners with significant prior government experience.

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Tags:  Morgan, Lewis & Bockius LLP

Shearman & Sterling Advises on OAS Investments GmbH $500 Million High Yield Senior Notes

Shearman & Sterling represented Banco Bradesco BBI S.A., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc., BB Securities Ltd, and Banco BTG Pactual S.A.-Cayman Branch as initial purchasers in connection with the offering of US $500,000,000 aggregate principal amount, issued in a 144A/Reg S offering, of 8.25% Senior Notes due 2019 of OAS Investments GmbH and guaranteed by its parent company OAS S.A. and OAS S.A.’s wholly owned subsidiaries Construtora OAS Ltda. and OAS Investimentos S.A.

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Tags:  Shearman & Sterling LLP | New York

Hunton & Williams (Thailand) Limited Advises Krung Thai Bank PCL in THB35B Rights Offering, Largest Ever by Thai Corporation

Hunton & Williams (Thailand) Limited advised Krung Thai Bank PCL on its recent 35 billion baht (USD1.2 billion) rights offering. Krung Thai Bank (KTB:Bangkok) is the largest state-owned financial institution in Thailand. KTB’s first capital increase in 13 years and the largest ever by a Thai corporation, the share offering was the first by a Thai bank, or by any Thai issuer, under Rule 801 of the U.S. Securities Laws. It was successfully subscribed in full by the bank’s existing shareholders.

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Tags:  Hunton Andrews Kurth LLP

Edwards Wildman Advises Armour Group in Largest Insurance Runoff Transaction of the Year

OneBeacon Insurance Group recently announced it will sell its runoff business to an affiliate of Bermuda-based Armour Group Holdings Ltd. for around $107 million, subject to regulatory approval. Certain legal entities will be transferred to Armour from OneBeacon including assets, liabilities and capital supporting the run-off business as well as certain elements of the runoff business infrastructure which includes staff and office space. As of September 30, 2012, the gross reserves associated with OneBeacon’s run-off business were in excess of $2.2 billion.

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Simpson Thacher Represents McKesson in $2.1 Billion Acquisition of PSS World Medical

The Firm is representing McKesson Corporation (NYSE: MCK) in its announced acquisition of all outstanding shares of PSS World Medical, Inc. (NASDAQ: PSSI) for $29.00 per share in cash. The transaction, including the assumption of PSS World Medical’s outstanding debt, is valued at approximately $2.1 billion. The transaction is subject to customary closing conditions, including regulatory clearances and approval of PSS World Medical’s shareholders.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Simpson Thacher Represents Citigroup in $105 Million Offering of Global Depositary Shares by E.SUN Financial Holding

Simpson Thacher recently represented Citigroup in connection with the offering by E.SUN Financial Holding Company, Ltd. of US$105 million global depositary shares. E.SUN is a leading financial holding company in Taiwan. Its common shares are traded on the Taiwan Stock Exchange under the trading code “2884”. The global depositary shares are listed on the Luxembourg Stock Exchange.

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Tags:  Simpson Thacher & Bartlett LLP | Hong Kong