King & Spalding has recruited Matthew J. Bromberg, former senior managing counsel and managing director in the Global Fund Services Group of The Bank of New York Mellon, as partner in its financial institutions and capital transactions and real estate practices in New York.
Tags: King & Spalding LLP | New YorkSimpson Thacher Represents Del Monte Corporation in the Sale of its Consumer Products Business to Del Monte Pacific Limited
The firm is representing Del Monte Corporation in connection with the sale of its Consumer Products Business to Del Monte Pacific Limited, for $1.675 billion.
Tags: Simpson Thacher & Bartlett LLP | New YorkDavis Polk Adds Real Estate Partner Brian S. Lichter
Davis Polk & Wardwell LLP today announced that Brian S. Lichter will join the firm as a partner in its Real Estate Practice. The addition of Mr. Lichter, whose experience covers a wide range of commercial real estate transactions, will help Davis Polk meet strong client demand in its growing real estate practice.
Tags: Davis Polk & Wardwell LLP | New YorkShearman & Sterling Represents The Dow Chemical Company on Divestiture of Its Global Polypropylene Licensing & Catalysts Business
Shearman & Sterling is representing The Dow Chemical Company in the divestiture of Dow’s global Polypropylene Licensing & Catalysts business to W. R. Grace & Co. for $500 million
Tags: Shearman & Sterling LLP | New YorkArnold & Porter Represents Republic of Turkey in Its Second Islamic Bond Offering
The Republic of Turkey closed today a $1.25 billion Sukuk offering, its second such closely-watched financing transaction within the last 14 months. The Republic had closed its first-ever Islamic finance offering in September, 2012, which consisted of lease certificates due in 2018 and had also raised $1.5 billion. In the latest offering, the New York and London offices of Arnold & Porter LLP again acted as Turkey’s international legal counsel, in association with Somay Hukuk Burosu, the Republic’s Turkish counsel.
Tags: Arnold & Porter Kaye Scholer LLP | New YorkSimpson Thacher Represents First Reserve Corporation in its Investment in American Energy – Utica, LLC
Simpson Thacher is representing First Reserve Corporation in connection with its equity investment in an aggregate $1.7 billion fund-raising by American Energy – Utica, LLC (“AEU”). The proceeds of the fund-raising will be used by AEU to pursue a business plan focused on the Utica Shale play in eastern Ohio, including acquiring acreage of leaseholds and financing drilling operations which are expected to commence in the fourth quarter of 2013.
Tags: Simpson Thacher & Bartlett LLP | New YorkWillkie Represents Men’s Wearhouse in Rejection of $2.3 Billion Buyout Bid
On October 9, Willkie client Men’s Wearhouse announced that after careful evaluation its Board of Directors has determined to reject a $2.3 billion buyout bid from men’s apparel retailer Jos. A Bank Clothiers, Inc. As widely reported in the press, the Board concluded that the unsolicited, non-binding proposal of $48 per share “undervalues Men’s Wearhouse and its strong prospects for continued growth and value creation, and is not in the best interests of Men’s Wearhouse or its shareholders.” Founded in 1973, Houston-based Men’s Wearhouse is one of North America’s largest specialty retailers of men’s apparel with 1,137 stores. Based in Hampstead, MD, Jos. A Bank has over 600 stores nationwide.
Tags: Willkie Farr & Gallagher LLP | New YorkReed Smith Expands Tax and Corporate Practices with Five Member Dentons Team
Reed Smith LLP today announced the addition of a high-level team of three partners, one counsel and one economist from Dentons with a premier reputation in international tax and transfer pricing. The group is led by partner David Hryck, formerly U.S. Head of International Tax at Dentons, and includes partners Jeffrey Korenblatt and David Mason.
Tags: Dentons | New YorkSimpson Thacher Represents Stonepeak Infrastructure Partners in Establishing Inaugural $1.65 Billion Private Equity Fund
Simpson Thacher represented Stonepeak Infrastructure Partners in the establishment of Stonepeak Infrastructure Fund LP, a private equity fund focused on infrastructure investment opportunities in the North American middle market, targeting the water and utilities, energy and power and transportation sectors. The Fund, which was oversubscribed, accepted capital commitments up to its cap of $1.65 billion. Stonepeak was founded by Michael Dorrell and Trent Vichie, who were formerly members of the infrastructure investment team at Blackstone.
Tags: Simpson Thacher & Bartlett LLP | New YorkMary Beth Buchanan Joins Bryan Cave LLP as Partner
The international law firm Bryan Cave LLP (www.bryancave.com) announced today that Mary Beth Buchanan has joined the firm as a partner practicing in both the New York and Washington, D.C., offices. She will practice within Bryan Cave’s White Collar Defense and Securities Litigation and Enforcement Client Service Group.
Tags: Bryan Cave Leighton Paisner LLP | New York