CMS Advises on £696 Million Sale of Horizon Nuclear Power

CMS has advised RWE in relation to the sale of Horizon Nuclear Power for £696 million. Horizon Nuclear Power is a UK energy company created to develop a new generation of nuclear power stations. It was formed as a joint venture by E.ON and RWE in 2009, but in March 2012, following a strategic review, the companies announced they would not proceed and would instead look to find a new owner.

More >>

Tags:  CMS

DLA Piper Strengthens Real Estate Practice with the Hire of Two Construction Partners

DLA Piper announces today the hire of two partners, Mark Hilton and Simon Palmer, to join its Real Estate Group as part of the construction and engineering practice, specialising in dispute resolution. They will also work closely with the Litigation & Regulatory Group. Both Mark and Simon join from Addleshaw Goddard where Mark is Head of Contentious Construction. Mark will work out of the London office and Simon will work out of the Sheffield office.

More >>

Tags:  DLA Piper

Middletons Acts for iiNet on $330 Million Secured Syndicated Financing Involving All of Australia’s Four Major Banks

Middletons special counsel acting on the deal, Chris Scott said, “iiNet is the second largest DSL internet service provider in Australia. We assisted our client, iiNet, in negotiating new terms and conditions for a syndicated debt facility, which was over-subscribed by the ‘big four’ Australian banks. It was iiNet’s first experience of a banking syndicate and the facility is secured over assets in Australia and New Zealand.”

More >>

Tags:  K&L Gates

Cooley Represents OPNET in $1 Billion Acquisition by Riverbed

Cooley LLP announced today that it is advising OPNET Technologies, Inc. in its pending acquisition by Riverbed Technology. Riverbed entered a definitive agreement to acquire OPNET for $43 per share in cash and stock, which represents an equity value of approximately $1 billion.

More >>

Tags:  Cooley LLP