Goodwin Procter represented client Aprimo in its sale to Teradata in a recently completed $525 million all-cash transaction.
Tags: Goodwin Procter, LLP Monthly Archives: February 2011
Norton Rose Advises on the Recapitalisation of Italian Food and Cosmetics Group
International legal practice Norton Rose Studio Legale has advised the Italian entrepreneur, Canio Mazzaro, on the preliminary phase of the recapitalisation of Bioera, a listed Italian food and cosmetics group currently in administration. The court of Reggio Emilia has approved Mazzaro’s offer to acquire and recapitalise Bioera, including his plan to carry out two Euro 9 million capital increases. The objective of the recapitalisation is to reinforce Bioera’s finances, restore its position as a leading company in the bio-food market and relaunch trading of Bioera shares by June 2011.
Tags: Norton Rose Fulbright Norton Rose Advises Sumitomo on Acquisition of 10 PV Solar Parks
International legal practice Norton Rose Studio Legale has advised Sumitomo Corporation on the acquisition of 85 percent stakes in two Italian solar power subsidiaries of German-based S.A.G. Solarstrom. As a result of an agreement signed on 3 February 2011, the Japanese-based trading conglomerate will own 10 PV solar parks located in southern Italy having total capacity generation of 9,700kw.
Tags: Norton Rose Fulbright Shearman & Sterling Advises on Secondary Offering and Repurchase of Quest Diagnostics’ Common Stock
Shearman & Sterling represented Quest Diagnostics Incorporated in connection with an underwritten public offering of 15,377,600 shares of Quest’s common stock held by GlaxoSmithKline plc., its largest stockholder. Concurrently with the public offering, Quest repurchased the 15,377,551 shares of its common stock from GlaxoSmithKline plc. Following this offering and the repurchase, GlaxoSmithKline plc no longer holds common stock of Quest. Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC acted as joint bookrunners for the offering. Quest Diagnostics is the world’s leading provider of diagnostic testing, information and services.
Tags: Shearman & Sterling LLP Davis Polk – Savient Pharmaceuticals, Inc. $230 Million Convertible Senior Notes Offering
Davis Polk advised J.P. Morgan Securities LLC as the sole book-running manager and representative of the underwriters on a registered public offering by Savient Pharmaceuticals, Inc. of $230 million aggregate principal amount of its 4.75% convertible senior notes due 2018 (which included the full exercise of the over-allotment option).
Tags: Davis Polk & Wardwell Mannheimer Swartling – The Swedish State Sells 255 Million Shares in Nordea Raising SEK19B
The Government of Sweden has completed the sale of 255 million shares in Nordea, raising SEK 19 billion. Revenues from the sale will be used to enhance the stability of the Swedish economy, by reducing the national debt.
Tags: Mannheimer SwartlingCooley Advises Epocrates, Inc. on its Initial Public Offering
Cooley LLP announced that it represented Epocrates, Inc. (NASDAQ: EPOC), in connection with its initial public offering of common stock. Underwriters include J.P. Morgan Securities LLC and Piper Jaffray & Co., serving as joint book-running managers, and William Blair & Company, L.L.C. and JMP Securities LLC, acting as co-managers.
Tags: Cooley LLP Shearman & Sterling Advises on Axel Springer’s Public Tender Offer for SeLoger.com
On January 18, 2011, Axel Springer and SeLoger.com announced that they reached an agreement on a friendly improved offer for the shares of SeLoger.com, a French market leader in online real-estate advertising, at a price of €38.05 per share.
Tags: Shearman & Sterling LLP Wragge & Co Advises Graftongate Investments on a Major Industrial Pre-let to Amazon
Wragge & Co has advised property development and investment specialist Graftongate Investments on the pre-let of a 1.1 million sq ft industrial unit to Amazon – the biggest industrial pre-let development in the last year.
Tags: Gowling WLG Olswang Secures the Sale of Goviral to AOL Europe
Olswang announces that it has advised the selling shareholders on the sale of goviral to AOL Europe. Established in 2005, goviral is a video distribution network that delivers branded content over the internet for some of the world’s largest and most esteemed brands, media agencies creative agencies and content producers. The transaction was completed for $74.1 million in cash with an additional $22.6 million of consideration being paid over two years following completion.
Tags: CMS