Kirkland & Ellis represents Belmont Hong Kong Ltd., a wholly owned subsidiary of Beijing Wangfujing International Commercial Development Co., Ltd., in its US$654 million (HK$5,099 million) proposed acquisition of a 39.53 percent interest in, and possible conditional mandatory cash offer for all the remaining issued shares of, PCD Stores (Group) Limited (331: Hong Kong). The transaction was publicly announced on January 31, 2013.
Tags: Kirkland & Ellis LLP | Hong Kong
Global law firm Eversheds has advised New World China Land (NWCL) on a new dim sum bond issue today, raising a total of CNY 3 billion (£307 million). This is NWCL’s second dim sum bond offering after their previous successful record-making CNY 4.3 billion offering last year, which still remains the largest corporate dim sum bond issuance in history, which Eversheds also advised NWCL on.
Tags: Eversheds Sutherland | Hong Kong
Global law firm Proskauer has added leading Washington employment litigator Connie N. Bertram as a Partner in its Washington, DC, office. Ms. Bertram will serve as co-head of the firm’s DC Labor & Employment Practice, as well as co-head of its Government Regulatory Compliance & Relations and Whistleblowing & Retaliation groups. Ms. Bertram joins from Cooley LLP, where she led the Washington, DC, Employment & Labor and Government Contractor Compliance groups.
Tags: Proskauer Rose LLP
Stoel Rives LLP, a U.S. law firm, today announced that it has opened a satellite office in Washington, D.C. The new office is headed by firm partner Greg Jenner, a former Deputy Assistant Secretary of the U.S. Treasury for Tax Policy.
Tags: Stoel Rives LLP
Gilbert + Tobin is strengthening its Energy and Resources practice with the appointment of a new partner, Phil McKeiver and senior associate, Fionn Bowd.
Tags: Gilbert, LLP
Leading international law firm Clifford Chance has advised Asia Outsourcing Gamma Limited, a company controlled by CVC Capital Partners, on its purchase of Philippine Long Distance Telephone Company’s (PLDT) Business Process Outsourcing (BPO) business. The purchase price was in excess of US$300 million and is expected to close in March 2013, subject to government approvals.
Tags: Clifford Chance LLP | Hong Kong
Continuing its flow of major capital markets deals in Latin America, Milbank, Tweed, Hadley & McCloy has advised leading Dominican Republic bank Banco de Reservas de la República Dominicana in its first-ever bond offering.
Tags: Milbank LLPVirgin Media Inc. and Liberty Global, Inc. today announced an agreement, subject to shareholder approvals, that Liberty Global will acquire Virgin Media in a stock and cash merger valued at approximately US$24 billion. The combined company will serve over 25 million customers across 14 different countries, with a predominant strategic focus on European markets.
Tags: Milbank LLP
Enhancing its leadership in communications and cybersecurity law, Venable LLP announced that James Arden Barnett, Jr., Rear Admiral, USN (Retired), has joined the firm as a partner in Washington, DC. Jamie Barnett is the former Chief of the Public Safety and Homeland Security Bureau for the Federal Communications Commission. He becomes co-chair of the Telecommunications Group and a partner in the firm’s cybersecurity practice.
Tags: Venable LLP
International legal practice Norton Rose has advised the EU agency, Fusion for Energy, on a contract in excess of €250m for the design and construction of a tokamak reactor hall and associated infrastructure for a fusion reactor complex at the International Thermonuclear Experimental Reactor (ITER) Project in Cadarache, France.
Tags: Norton Rose Fulbright