McDermott Adds to International Private Client Group

International law firm McDermott Will & Emery today announced that Astrid Owen has joined as a partner in its Private Client Practice Group, based in the Firm’s London office. Astrid Owen provides the Firm with added depth and experience handling international trust, tax and wealth transfer matters on an international scale.

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Tags:  McDermott, Will & Emery

Fasken Martineau Advises the Waymade Group, and Its Founders Dr Vijay and Mr Bhikhu Patel on Their Disposal of the Amdipharm Business to Leading Private Equity Firm Cinven

The London office of Fasken Martineau, an international business law and litigation firm, announced today that it advised the Waymade Group and Dr Vijay Patel and Mr Bhikhu Patel on their £367 million disposal of the Amdipharm Group of companies to European private equity firm, Cinven.

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Tags:  Fasken Martineau DuMoulin LLP

Davis Polk – PPL Capital Funding, Inc. $400 Million Senior Notes Offering

Davis Polk advised PPL Capital Funding, Inc. on its registered offering of $400 million aggregate principal amount of 3.50% senior notes due 2022, fully and unconditionally guaranteed by PPL Corporation (PPL). Mitsubishi UFJ Securities (USA), Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC acted as representatives of the several underwriters for the offering. PPL Capital Funding and PPL expect the net proceeds from the sale of the notes to be invested in or loaned to subsidiaries of PPL, which will use the funds to repay short-term debt obligations, including commercial paper borrowings, and for general corporate purposes.

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Tags:  Davis Polk & Wardwell | New York

Simmons & Simmons Advises MTN Group on US$284m Mobile Network Tower Sale

Simmons & Simmons has advised long-standing client MTN Group Limited (“MTN”) on the sale of mobile network towers by its subsidiaries, MTN Côte d’Ivoire (“MTN CI”) and MTN Cameroon (“MTN CMR”).  MTN has agreed to sell up to 931 towers in Côte d’Ivoire for US$141m and up to 827 towers in Cameroon for US$143m to IHS Holding Limited (“IHS”).

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Tags:  Simmons & Simmons

Cleary Gottlieb Opens Office in Seoul

Cleary Gottlieb Steen & Hamilton LLP announced today that it has opened a foreign legal consultant office in Seoul, Korea, following the receipt of necessary approvals from the Korean regulatory authorities. The office is the firm’s sixteenth office worldwide and its third in East Asia and follows the opening of the firm’s office in Abu Dhabi last month.

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Tags:  Cleary Gottlieb Steen & Hamilton LLP