Davis Polk Advises Dalian Wanda Group on Its Acquisition of AMC

Davis Polk is advising Dalian Wanda Group Co., Ltd. (Wanda) on its approximately $2.6 billion acquisition of AMC Entertainment Holdings, Inc. (AMC). As part of the transaction, Wanda intends to invest up to an additional $500 million in AMC over time to fund AMC’s strategic and operating initiatives. The transaction is subject to customary closing conditions and U.S. and Chinese regulatory approvals.

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Tags:  Davis Polk & Wardwell LLP | New York

Davis Polk – Eaton Acquires Cooper Industries

Davis Polk is advising both Citi and Morgan Stanley as joint financial advisers to Eaton Corporation in connection with its $11.8 billion acquisition of Cooper Industries plc. The transaction was unanimously recommended by the boards of directors of both companies and is subject to the receipt of certain regulatory approvals and certain other conditions. The transaction is expected to close in the second half of 2012.

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Tags:  Davis Polk & Wardwell LLP | New York

Nossaman Represents HealthCare Partners in $4.42 Billion Merger with DaVita Inc.

Members of Nossaman’s Healthcare and Corporate Practice Groups successfully represented HealthCare Partners, the country’s largest operator of medical groups and physician networks, in their merger agreement with DaVita Inc., a leading provider of kidney care services for those diagnosed with chronic kidney disease. The $4.42 billion purchase price consists of $3.66 billion in cash and approximately 9.38 million shares of DaVita common stock, which was valued at $758 million based on the closing price on May 18, 2012.

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Tags:  Nossaman LLP | Los Angeles

Simpson Thacher Represents Eaton Corporation in Proposed $11.8 Billion Acquisition of Cooper Industries

Simpson Thacher is representing Eaton Corporation (“Eaton”) in connection with its agreement to acquire Cooper Industries plc (“Cooper”) in a cash-and-stock transaction valued at approximately $11.8 billion (based on the closing price for Eaton common stock on May 18, 2012). At the close of the transaction, which is expected in the second half of 2012, Eaton and Cooper will be combined under a new company incorporated in Ireland (“New Eaton”), where Cooper is incorporated today. Under the terms of the agreement, Eaton will merge with a subsidiary of New Eaton, and New Eaton will acquire Cooper by way of a scheme of arrangement under Irish law. Cooper shareholders will receive $39.15 in cash and 0.77479 shares of the new Irish company for each Cooper share. New Eaton is expected to be listed on the New York Stock Exchange.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Hogan Lovells Hires QC as new Head of Indirect Tax in London

Hogan Lovells has hired Michael Conlon QC as its new Head of Indirect Tax in London. Michael will join Hogan Lovells International LLP in July 2012. He replaces former Head of Indirect Tax Greg Sinfield, who retired in January 2012 to take up an appointment as a Judge of the Upper Tribunal (Tax and Chancery).

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Morgan Lewis Expands Litigation Capabilities in Paris

Morgan Lewis today announced that Alexandre Bailly—a top litigator who has successfully handled disputes on behalf of multinational companies and French domestic clients across a number of sectors—will join the firm as a partner in its Litigation Practice, resident in Paris. He has had significant experience and success at another AmLaw 100 firm, having spent more than a dozen years at his previous firm’s Paris office. Associate Xavier Haranger will join Bailly at Morgan Lewis.

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Tags:  Morgan, Lewis & Bockius LLP