Davis Polk advised Affymetrix, Inc. (Affymetrix) in connection with its acquisition of eBioscience Holding Company, Inc. (eBioscience) for approximately $315 million in cash. Following the acquisition, eBioscience became a wholly owned subsidiary of Affymetrix. The acquisition was funded, in part, through a new senior secured credit facility and an offering of convertible notes.
Tags: Davis Polk & Wardwell LLPDavis Polk advised BB Securities Ltd., HSBC Securities (USA) Inc., Itau BBA USA Securities, Inc. and Santander Investment Securities, Inc. as initial purchasers in connection with the reopening by BRF – Brasil Foods S.A. of $250 million aggregate principal amount of its 5.875% notes due 2022, which constitute a further issuance of the 5.875% notes issued on June 6, 2012. The notes were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S.
Tags: Davis Polk & Wardwell LLP | Sao PauloShook, Hardy & Bacon announced today that William A. Yoder has rejoined the firm’s Washington, D.C. office as a partner in the Global Product Liability Practice.
Skadden, representing Planned Parenthood pro bono, secured a complete dismissal with prejudice in a False Claims Act case against the nonprofit organization in which potential damages exceeded $600 million.
Tags: Skadden, Arps, Slate, Meagher & Flom LLP
Egorov Puginsky Afanasiev & Partners have secured the denial of a claim for a major international electronics manufacturer in an Intellectual Property dispute in Russia.
Tags: Egorov Puginsky Afanasiev & Partners | Moscow
Gardere Wynne Sewell LLP represented BP America Production Company (NYSE:BP) in its $1.03 billion sale of its interests in Jonah and Pinedale upstream operations in Southwestern Wyoming to LINN Energy, LLC (Nasdaq:LINE) announced on June 25, 2012. Included in the sale are BP’s operations center in Sublette County, Wyoming and all of its working interest in a substantial number of operated and non-operated wells that are producing natural gas, natural gas liquids, and oil. Completion of the sale remains subject to customary regulatory approvals and conditions. The acquisition is expected to close in July 2012.
Tags: Foley & Lardner LLP | Houston
International law firm Berwin Leighton Paisner (BLP) advised Round Hill Capital on its purchase of Nido student accommodation business from private equity firm Blackstone. The deal, worth £415m, is one of the largest structured corporate real estate transactions since the start of the downturn.
Tags: Berwin Leighton Paisner LLP
Global law firm White & Case LLP has advised Jefferies and its affiliates in connection with a recapitalization of Klöckner Pentaplast, one of the world’s largest suppliers of plastic films and the provision of approximately €630 million of new debt facilities provided by Jefferies to fund the prepayment of existing senior facilities of Klöckner Pentaplast as part of the recapitalization.
Tags: White & Case LLP
Hogan Lovells has recruited Helen Chapman as a partner in the Insurance & Reinsurance Group. She joined the firm on Monday 25 June.
Tags: Hogan Lovells
Cahill represented the underwriters in the registered offering of $1,500,000,000 of Ally Financial senior notes, comprised of $1,000,000 4.625% Senior Guaranteed Notes due 2015 and $500,000,000 5.5% Senior Guaranteed Notes due 2017. The proceeds of the offering will be used for general corporate purposes.
Tags: Cahill Gordon & Reindel LLP | New York