Chadbourne & Parke represented the winning consortium, comprising ACWA Power International, Samsung C+T Corporation and MENA Infrastructure Fund, in relation to the development and US$ 2 billion debt financing of the Qurayyah independent power project in Saudi Arabia.
Tags: Dubai Simpson Thacher Represents BRF – Brasil Foods in its $500 Million Dual-Currency Loan Facility
The Firm represented BRF – Brasil Foods S.A. (formerly named Perdigão S.A.) in connection with its $500 million dual-currency loan facility comprised of a $454 million Dollar tranche and a $46 million-equivalent Euro tranche. The loan facility was led by Morgan Stanley, Santander and HSBC. Other banks involved included Banco Bradesco, Banco do Brasil, The Bank of Nova Scotia, The Bank of Tokyo-Mitsubishi, ING Bank, Mizuho Corporate Bank, Sumitomo Mitsui Banking, Standard Chartered Bank, Rabobank Curaçao, Credit Agricole Corporate and Investment Bank, BNP Paribas, Bank of China, Bank of Taiwan, Mega International Commercial Bank, United Taiwan Bank and Deutsche Bank.
Tags: Simpson Thacher & Bartlett LLP | New York Simpson Thacher Represents Goldman Sachs as Financial Advisor to Hologic in its $3.7 Billion Acquisition of Gen-Probe
The Firm is representing Goldman, Sachs & Co. as financial advisor to Hologic, Inc, in its acquisition of Gen-Probe Incorporated. Under the terms of the agreement, Hologic will acquire all of the outstanding shares of Gen-Probe for $82.75 per share in cash, or a total enterprise value at approximately $3.7 billion. The transaction is expected to close in the second half of 2012, subject to customary closing conditions.
Tags: Simpson Thacher & Bartlett LLP | New York Simpson Thacher Represents the Underwriters in Initial Public Offering by Locamerica
Simpson Thacher recently represented Banco Itau BBA, BTG Pactual, Bank of America Merrill Lynch, Banco Votorantim and BB Investimentos, in connection with the initial public offering by Companhia de Locação das Américas (Locamerica), a Brazilian car-rental company focused on vehicle fleet outsourcing for corporate clients. The offering of 30,331,062 shares raised approximately R$273 million (US$145 million). Locamerica will be listed on the BM&FBovespa under the ticker symbol “LCAM3”. The offering is the first Brazilian IPO since Abril Educação’s IPO in July-2011, where the Firm also represented the underwriters.
Tags: Simpson Thacher & Bartlett LLP | Sao Paulo Cleary Gottlieb Adds Ling Huang as Partner in Beijing Office
International law firm Cleary Gottlieb Steen & Hamilton LLP announced today that Ling Huang will join the firm as a partner in its Beijing office. Ms. Huang, 39, joins the firm from the Beijing office of Shearman & Sterling LLP, where she was a partner focusing on cross-border M&A, private equity, and foreign direct investment transactions.
Tags: Cleary Gottlieb Steen & Hamilton LLP | Beijing Jones Day Welcomes Private Equity Partner Ira White in New York
The global law firm Jones Day has announced that Ira White joined the firm on May 1, 2012 in New York as a partner in the Private Equity Practice. He was previously a partner with Dewey & LeBoeuf LLP in New York, where he served as U.S. Co-Chair of the Private Equity Transactions Group.
Tags: Jones Day | New York Proskauer Advises Ascena Retail Group On Planned $890 Million Acquisition Of Charming Shoppes
Proskauer served as legal counsel to Ascena Retail Group in its pending $890 million purchase of Charming Shoppes, Inc.
Tags: Proskauer Rose LLP | New York Former FINRA Enforcement Director Daniel Nathan Joins Morrison & Foerster in Washington, D.C.
Morrison & Foerster is pleased to announce that Daniel A. Nathan, the former Vice President and Regional Enforcement Director for the Financial Industry Regulatory Authority (FINRA), has joined the Firm’s Washington, D.C. office as a partner, adding further scope to Morrison & Foerster’s enforcement capabilities in Washington, D.C., nationally and internationally.
Tags: Morrison & Foerster LLP Mayer Brown Snags Thompson & Knight Partner In Houston
Mayer Brown LLP has snagged a former Thompson & Knight LLP partner as part of its efforts to expand its corporate and securities practice amid a climate of increasing drilling activities in 2012 and ongoing mergers and acquisitions in the oil and gas sector, the firm said Monday.
Tags: Mayer Brown LLP | Houston Clifford Chance Advises Partners Group on Leveraged Management Buyout of Trimco International
Leading international law firm Clifford Chance has advised global private markets investment manager Partners Group on the acquisition of Trimco International Holdings Limited, a global provider of garment label solutions to the garment manufacturing industry, on behalf of its clients. The acquisition, which was completed on 25 April, was structured as a leveraged buyout with the founder and senior management team of Trimco reinvesting a significant portion of their sale proceeds into the new company. Concurrently with the transaction, Trimco was negotiating a bolt-on acquisition of a UK-based international label solution provider, which completed shortly after the principal transaction closed and was funded as part of that transaction.
Tags: Clifford Chance LLP | Hong Kong