Shearman & Sterling represented Concord Medical Services Holdings Limited (“Concord Medical”) in the acquisition of an indirect interest of 19.98% in The University of Texas MD Anderson Cancer Center Proton Therapy Center (the “Proton Therapy Center”). Upon completion of the acquisition, Concord Medical is now the second largest owner of the MD Anderson Proton Therapy Center, behind MD Anderson Cancer Center.
Tags: Shearman & Sterling LLP | Hong Kong
Herbert Smith Freehills has advised the Government of St. Petersburg on its Western High Speed Diameter (WHSD) Toll Road project with the LLC Northern Capital Highway consortium (OJSC Gazprombank and VTB Group), financed by a syndicate of banks comprising VTB Capital Plc, OJSC Gazprombank, Vnesheconombank, EBRD and Eurasian Development Bank. It reached financial close on 20 December 2012.
Tags: Herbert Smith Freehills LLP | MoscowJennett M. Hill, a partner at Faegre Baker Daniels LLP, will join Citizens Energy Group to become Vice President and General Counsel, effective February 1, 2013. Her last day at the firm will be December 31, 2012.
On 27 December, 2012, the leading Chinese automotive and equipment manufacturer Weichai Power Co., Ltd. (“Weichai Power”), a subsidiary of Shandong Heavy Industry Group, represented by King and Wood Mallesons has successfully completed the transaction with Kion Group (“Kion”), one of the world’s leading manufacturers of industrial trucks and a global leader in hydraulic technology.
Tags: King & Wood Mallesons | Beijing
Appleby acted as Cayman counsel for Wison Engineering Services Co. Ltd., a Shanghai-based engineering company, in relation to its listing on the Main Board of the Hong Kong Stock Exchange by way of a global offer on 28 December 2012, with net proceeds of approximately HK$1,360.2 million.
Tags: Appleby | Hong Kong
Pearson, the world’s leading learning company, is today announcing a strategic investment in NOOK Media, LLC, a new company consisting of Barnes & Noble’s digital businesses including its NOOK e-reader and tablets, the NOOK digital bookstore and its 674 college bookstores across America. Pearson will invest $89.5 million in cash in NOOK Media, gaining a five per cent equity stake.
Tags: Morgan, Lewis & Bockius LLP | New York
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Cequel Communications Holdings I, LLC, which does business as Suddenlink Communications, in connection with its $1.0 billion offering of Senior Notes. Cequel intends to use the proceeds from the sale of the notes to, among other things, refinance certain of its outstanding debt.
Tags: Paul Hastings, LLP | New YorkPaul Hastings LLP, a leading global law firm, announced today that the firm represented middle market private equity firm GI Partners acquire a San Diego data center and office building leased to American Internet Services and San Diego Gas & Electric Co.
Tags: Paul Hastings, LLP | San FranciscoPaul Hastings LLP, a leading global law firm, announced today that the firm represented Morgan Stanley, as administrative agent and lead arranger, in connection with $190,000,000 senior secured term and asset-based revolving credit facilities, the proceeds of which at closing were used to finance Cerveceria Costa Rica, S.A.’s purchase of substantially all of the outstanding equity interest of North American Breweries Holdings, LLC through CCR American Breweries Inc.
Tags: Paul Hastings, LLP | New York
Morgan & Morgan advised Wells Fargo Bank, National Association (Wells Fargo), in their role as investor in a new diversified payment rights program, comprising of the securitization of future funds flows as represented by payment orders (called Diversified Payment Rights or DPRs) for the amount of US$100 million, to be established by Banco General, S.A. in the Republic of Panama.
Tags: Morgan and Morgan, P.A.