The Hong Kong office of the Firm represented J.P. Morgan in the offering of US$254.4 million principal amount of Zero Coupon Convertible Bonds (the “Bonds”) by Cathay Financial Holding Co., Ltd. (“Cathay”). Cathay is the largest financial holding company in Taiwan. The common shares of Cathay are traded on the Taiwan Stock Exchange under the trading code “2882”. The Bonds are listed on the Singapore Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | Hong KongThe Firm is representing Teleflex Incorporated (NYSE: TFX) in connection with its announced acquisition of substantially all of the assets of LMA International N.V. (“LMA”) for SGD 343.5 million in cash, which at current exchange rates translates into approximately $276 million. LMA is a public company listed on the Mainboard of the Singapore Exchange that provides laryngeal masks and other products used extensively in anesthesia and emergency care. The transaction, which is subject to customary closing conditions, is expected to close later this year.
Tags: Simpson Thacher & Bartlett LLP | New York
Clayton Utz is acting as counsel to Citigroup, National Australia Bank, UBS and Westpac Institutional Bank, joint lead managers in respect of the $525m offer for Caltex’s $300m subordinated notes.
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Jackson Lewis LLP, one of the country’s largest and fastest-growing workplace law firms, is pleased to announce that Patrick Rocks has joined the firm’s Chicago office as Partner. Mr. Rocks brings to Jackson Lewis over 20 years of experience in the area of public sector and education law, with a particular emphasis on both systemic class litigation and labor and employment issues facing municipalities as well as large urban school districts.
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On August 12, it was announced that Israel-based Taro Pharmaceutical Industries Ltd. has accepted an improved buyout offer from India-based Sun Pharmaceutical Industries Ltd., Taro’s majority shareholder. The merger agreement was approved by Taro’s Board of Directors, based upon the recommendations and approvals of its Special Committee, represented by Willkie, and its Audit Committee.
Tags: Willkie Farr & Gallagher LLP | New York
The global law firm Jones Day has announced that Maria Tan Pedersen has joined as a Banking & Finance Practice partner. Formerly a partner with K&L Gates, she will be based in the Firm’s Hong Kong Office.
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International law firm McDermott Will & Emery LLP today announced the appointment of prominent international dealmaker Winston (Jiusu) Zhao as head of its China Outbound Transactions team. He joins McDermott from the Shanghai office of an AmLaw 10 law firm.
Tags: McDermott Will & Emery LLP | ShanghaiThe Firm recently represented the underwriters, led by Citigroup, Deutsche Bank and J.P. Morgan, in connection with a public offering by Altria Group, Inc. of $1.9 billion aggregate principal amount of its 2.850% Notes due 2022 and $900 million aggregate principal amount of its 4.250% Notes due 2042. The offering closed on August 9, 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkThe Firm is representing Focus Media Holding Limited (“Focus Media”) in connection with a proposal by a consortium for a going private transaction valued at approximately $3.5 billion. The consortium includes Mr. Jason Nanchun Jiang, Chairman of the Board and Chief Executive Officer of Focus Media, and his affiliates, FountainVest Partners, The Carlyle Group L.P., CITIC Capital Partners, CDH Investments and China Everbright Ltd. The consortium intends to finance the proposed transaction with a combination of debt and equity capital.
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Antitrust Litigation Partner Paul Kaplan has joined Locke Lord’s New York office as part of the Firm’s Litigation Department and Antitrust Practice Group. He brings more than 25 years of experience in handling litigation and counseling for major corporations as well as for domestic and international financial institutions. His significant background and experience in antitrust matters across numerous industries will strengthen the national platform of the Firm’s Antitrust Practice.
Tags: Locke Lord LLP | New York