Davis Polk advised Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC as representatives of the several underwriters on the $92.86 million initial public offering of 5,462,500 shares of common stock of Silver Spring Networks, Inc., including 712,500 shares from the full exercise of the underwriters’ option to purchase additional shares. Silver Spring Networks’s common stock is traded on the New York Stock Exchange under the symbol “SSNI.”
Tags: Davis Polk & Wardwell | Silicon ValleyDavis Polk advised Morgan Stanley & Co. International plc, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. as underwriters in connection with the SEC-registered secondary offering of 26,679,386 Class A shares of Yandex N.V., including 2,425,399 additional Class A shares sold pursuant to an option granted to the underwriters. The public offering price was $22.75 per share, and the total gross proceeds to the selling shareholders amounted to $600 million. The Class A shares are listed on the Nasdaq Global Select Market under the symbol “YNDX.”
Tags: Davis Polk & Wardwell | New York
Manatt, Phelps & Phillips, LLP, today announced that Anita Sabine has joined the Los Angeles office as a partner in the Real Estate and Land Use practice. Sabine comes to the firm from O’Melveny & Myers LLP.
Tags: Manatt, Phelps & Phillips, LLP | Los Angeles
On March 19, 2013, AmerisourceBergen Corporation announced that it is entering into a strategic, long‑term relationship with Walgreen Co. and Alliance Boots GmbH, which will streamline the distribution of pharmaceuticals to Walgreens stores and leverage global supply chain efficiencies while improving patient access to affordable pharmaceuticals to increase the efficiency of the healthcare system. Cravath represented AmerisourceBergen in this transaction.
Tags: Cravath, Swaine & Moore LLP | New York
WilmerHale announced today that Bruce Manheim is joining the firm’s Washington DC office as a partner in the Regulatory and Government Affairs Department. Bringing more than 30 years of regulatory, legislative and litigation experience, Manheim will further strengthen WilmerHale’s representation of life science companies on a wide array of matters, including Food and Drug Administration (FDA) issues, government and internal investigations, administrative and other litigation, transactions, and environmental compliance issues involving biotech products.
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Bryan Cave HRO today announced that J. Christopher Kinsman and Adam Chenell have joined the Denver office. Kinsman was previously chair the of the real estate practice and a member of the executive committee at Fairfield and Woods, where both had practiced. Together, Chris and Adam bring more than 30 years of experience to the Bryan Cave HRO Real Estate client service group.
Tags: Bryan Cave Leighton Paisner | Denver
Loeb & Loeb LLP announced today that Jonathan J. Rikoon and Cristine M. Sapers will join the firm’s nationally-recognized Trusts and Estates Department as partners in the New York office next month. Rikoon and Sapers are joining the firm from Debevoise & Plimpton LLP in New York, where Rikoon served as Trusts and Estates Group Chair, and will be bringing their entire team including one senior counsel and four associates with them to Loeb & Loeb.
Tags: Loeb & Loeb LLP | New York
Simpson Thacher’s Tokyo office recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc. and J.P. Morgan Securities LLC in an offering of $2.25 billion senior notes in four tranches due 2016 (floating rate), 2016, 2018 and 2023 (fixed rate) of The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”). The offering was conducted pursuant to Rule 144A and Regulation S. The bonds are listed on the Singapore Stock Exchange.
Tags: Simpson Thacher & Bartlett LLP | TokyoSimpson Thacher recently represented the international managers in connection with a global offering of shares of Japan Tobacco Inc. All of the shares were sold by Japan’s Minister of Finance, and the offering included a public offering in Japan and an international offering to institutional investors pursuant to Rule 144A and Regulation S. Japan Tobacco is the sole manufacturer of tobacco products in Japan and the third largest global manufacturer of tobacco products by market share based on unit sales of cigarettes.
Tags: Simpson Thacher & Bartlett LLP | TokyoSimpson Thacher represented the underwriters Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC in the recent public offering of 4,000,000 shares of 4.50% Series J Cumulative Convertible Perpetual Preferred Stock issued by iStar Financial Inc. The offering included 500,000 shares issued following the exercise by the underwriters of their over-allotment option.
Tags: Simpson Thacher & Bartlett LLP | New York