Davis Polk Advises Murphy Oil on Wisconsin Refinery Sale

Davis Polk is advising Murphy Oil Corporation in connection with the sale by its wholly owned subsidiary, Murphy Oil USA, Inc., of its refinery in Superior, Wisconsin, and related assets, to Calumet Specialty Products Partners, L.P. for a sales price of $214 million plus the value of hydrocarbon inventory, and subject to certain other adjustments. The hydrocarbon inventory will be valued based on market prices at closing (the inventory was valued at approximately $260 million as of June 30, 2011). The transaction, which is expected to close later in the third quarter or fourth quarter of 2011, is subject to customary regulatory approvals and conditions.

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Simmons & Simmons Advises Rothschild, Evolution Securities and Peel Hunt on Merger

Simmons & Simmons is advising Rothschild as joint sponsor and financial adviser and Evolution Securities and Peel Hunt as joint sponsors and brokers to Wichford P.L.C (“Wichford”) on the £208.7 million acquisition of Redefine International plc (“Redefine”) by Wichford, and the listing of the enlarged property investment company on the Main Market of the London Stock Exchange.

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WOLF THEISS Advises PUMA on Conversion Into SE

WOLF THEISS has advised the sportswear manufacturer PUMA in seven countries on the foundation of a European Company (Societas Europaea/SE) by conversion. WOLF THEISS thus underscore their expertise in international corporate law.

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Clifford Chance Signals Commitment to the African Markets and Confirms Intention to Open in Morocco

Clifford Chance has today announced that its new office in Casablanca will open by the end of 2011. This is the next stage in the Firm’s plans to extend its existing strong Africa practice. The office will be the Firm’s first in Africa and will act as a hub for clients across the wider North African and Sub-Saharan Francophone region.

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Baker & McKenzie Advises Canada Pension Plan Investment Board on its First Direct Real Estate Investment in Hong Kong

Baker & McKenzie recently acted for the Canada Pension Plan Investment Board (“CPPIB”) on its acquisition of 50% of the shares in Hong Kong Interlink from Goodman Group, one of the world’s largest listed fund managers specializing in industrial and business properties with whom CPPIB has a long-standing relationship. The gross purchase price of CPPIB’s interest is approximately CAD285 million (HKD2.26 billion). CPPIB is making an equity commitment of approximately CAD205 million and assuming debt of approximately CAD80 million to purchase the 50% interest.  The other 50% of Hong Kong Interlink will be owned by the Goodman Hong Kong Logistics Fund.

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Tags:  Baker & McKenzie LLP | Hong Kong

Cooley Advises Amira Pharmaceuticals on its $325 Million Sale to Bristol-Myers Squibb

Bristol-Myers Squibb Company (NYSE:BMY) and Amira Pharmaceuticals, Inc., announced today that the companies have signed a definitive agreement under which Bristol-Myers Squibb will acquire privately held Amira Pharmaceuticals, a small-molecule pharmaceutical company focused on the discovery and early development of new drugs to treat inflammatory and fibrotic diseases.

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Tags:  Cooley LLP