Clifford Chance Advises Nagarjuna Oil Corporation on Trafigura’s US$130 Million Investment into Its Refinery and Storage Facilities in India

Leading international law firm Clifford Chance has advised Nagarjuna Oil Corporation Limited (NOCL), a member of the Nagarjuna Group, on the investment of up to US$130 million by Trafigura Pte Ltd into NOCL’s oil refinery being constructed in Cuddalore, in the State of Tamil Nadu, India. In addition to Trafigura’s equity investment, Trafigura will invest a further US$120 million into the construction of on-site storage facilities and associated infrastructure required to service the oil refinery.

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Tags:  Clifford Chance LLP | Singapore

Mayer Brown Expands European Antitrust Practice with Addition of Partner Robert Klotz

Mayer Brown, a leading global law firm, announced today that Robert Klotz (49) has joined the firm as a partner in the Antitrust and Competition practice in Brussels. Robert comes from Hunton & Williams, where he was a partner and practiced for five years. Prior to that, for a decade, he had been an official of the European Commission’s Directorate General (DG) for Competition. In this role, he was involved in important antitrust cases in the energy and telecommunication sectors.

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Mayer Brown Represents Nestlé in Its $11.85 Billion Acquisition of Pfizer’s Infant Nutrition Business in One of the Largest Acquisitions of 2012

Mayer Brown client Nestlé has agreed to buy Pfizer’s infant nutrition business for $11.85 billion, in a move to expand the company’s presence in the global baby food market. The transaction is one of the largest acquisitions announced to date in 2012. The target business has a strong presence throughout the emerging markets, particular China. The transaction remains subject to regulatory approval.

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Hogan Lovells Advises Orthofix International N.V. on $157.5 Million Sports Medicine Division Sale

Hogan Lovells announced today that it advised Orthofix International N.V., a diversified, global medical device company focused on developing and delivering innovative repair and regenerative solutions to the spine and orthopedics markets, on its agreement to sell its sports medicine division in a $157.5 million all-cash transaction to private equity firm Water Street Healthcare Partners. The transaction is expected to close during the second fiscal quarter of 2012. Net proceeds to Orthofix from the sale of its sports medicine division will be used for the prepayment of debt as required by Orthofix’s existing credit agreement.

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Oil & Gas Transactional Partner Joins Latham & Watkins in Houston

Latham & Watkins LLP is pleased to announce that Michael R. King has joined the firm as a partner in the Corporate Department of the Houston office. King primarily represents oil and gas companies in upstream transactional matters, particularly in regard to acquisitions and divestitures of oil and gas properties, as well as farm-ins and other joint ventures, operating agreements and related agreements. He also has extensive midstream experience, including transactions involving midstream joint ventures, gathering agreements, processing agreements and fractionation agreements. He joins from the Houston office of Morgan, Lewis & Bockius.

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Tags:  Latham & Watkins LLP | Houston